The tempting price offered by the sellers of properties, which are illegal, irregular with blatant violation of all the laws, is bought with bank loans.
It is not advisable to buy a property only on the basis of the price. Be careful about the seller, developer, agent, bank and the land owner. Check the property titles and all the related approvals, before paying the token advance to the sellers.
The agents and the sellers mesmerise the buyers with sweet talk and convince them that such illegal and unauthorised properties can be regularised under the Akarama – Sakrama scheme. 90% of such properties are not eligible for regularisation. Beware and Be – Careful.