FAKE DOCUMENTS-BUYERS’ BEWARE !

In continuation of our earlier writings on the above subject, yet another culprit has been arrested by the Chennai City Crime Branch. In Chennai, Korukkupettai, the culprit had made an agreement to buy a big piece of land for Rs.30 lakhs 3 years ago. On getting the copies of the documents, fake documents have been prepared by the culprit.

Subsequently, with the fake documents,purported as original, the big piece of land was bifurcated and sold for Rs.26 lakhs to an individual and Rs.44 lakhs to a religious trust earmarked for construction of a church. On scrutiny with the Sub-Registrar by the Purchasers the scandal had come to light and consequently the culprit was brought to books and is now behind bars. Whatever said and done, the purchasers have lost not only hard earned money but also mental peace and faith in land deals.

As reiterated in our column that adequate precautions need to be taken before purchasing property and enough time to analyse the documents by atleast 2 legal advisors and also with the required authorities ,we request our brothren NRIs to be careful about the touts and invest prudently seeking professional help from organization like us.

(Courtesy:’Dinamalar’, a leading tamil daily, dt.28.2.2008)

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2 Responses to “FAKE DOCUMENTS-BUYERS’ BEWARE !”

  1. NRI Services Says:

    This is very useful information.

  2. Ganesh Says:

    Hai detecting fake documentation through lawyer only impossible culprit more care than a Lawyer , Try to approach Preperty management Or consultation firms with help of your Lawyer also .We like property management know the past story of the Property with full investigation not only legal all documents in all area

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