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The Home Fight

• Major Causes of Disputes in Real Estate

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• Land and property disputes are a common thing to
  see in this country. The local courts have a
  large pile of civil cases regarding property
  disputes spread across this country. Nobody knows
  how its caused or what the triggers are. But one
  thing is certain. The property disputes drills a
  deep hole in everyones pockets and time. They
  are quite complicated in nature and take years to
  resolve. Sometimes the benefactors of the case
  are the sons and grandsons. When it comes to
  mediating the case before it reaches court, the
  ego comes into play regarding the ownership
  turning every ounce of solution foul.

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• The government has come out with e-registration
  of the property to avoid long term conflicts
  which will have a temporary relief. Some of the
  important causes for property disputes are
• Incomplete information
• Possession delay
• Layout changes
• Fraud
• Brokerage issues

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Incomplete Information

• Many of the facts are kept buried by the owner
  and this is sometimes a major disruptor in the
  conflicts. Some of the information like dues
  attached to the property which will be passed on
  to the buyer, tax payouts that are p0ending etc.
  will fuel the disputes

5
Possession Delay

• The project being constructed can be delayed due
  to umpteen numbers of reasons like clearances,
  availability of raw materials, environmental
  issues etc These affect the customers especially
  those who are staying in rented accommodation.
  They are forced to pay the EMI as well as their
  rents. This leads to a tricky situation for these
  trapped souls.

6
Layout Changes

• Modifications in the original layout is another
  principle contributor of property disputes. This
  modification has to be approved by at least two
  thirds of the home buyers but many developers
  dont follow through.

7
Fraud

• The most important perpetrator in civil cases.
  Those who cheat and do fraud are the number one
  reason for property disputes. They do false
  promises and wont deliver on them. They might
  abscond and in extreme cases threaten the buyer.
  Therefore the buyer must check the developers
  credentials before investing.

8
Brokerage Issues

• This usually happens with outstanding brokerage
  fee or nonpayment of dues. This is usually the
  case when proper agreements are not drafted.
• A plausible solution to these is in the form of
  the governments real estate regulatory bill which
  is set to hold a tight leash on the industry and
  avoids malpractices.