Real Estate Malpractices: Home-buyer at the mercy

A real-estate regulator is more important to the citizens than a stock market regulator

I had written a column (Moneylife 29 December 2011) about how real-estate contracts are so grotesquely one-sided that they would make the famed ‘Tower of Pisa’ look like a plumb line! Truth is: The average Indian home-buyer is completely at the mercy of builders. Given that real estate market is far more...

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