“Sale Fales, Fomo Scams …”: Industry Insider Schedules of Bengaluru Real Estate in post viral


From the devastated lakes to the forged documents and manipulated approvals, the Indian real estate sector has long been darkened. In Bengaluru, one of the hottest real estate markets in the country, these offenses are not only timely blips: they are cooked in the system.

A recent publication by Reddit by a privileged industry has removed the curtain, revealing a network of deception, collusion and regulatory theater that has quietly fueled the city’s real estate boom. The detailed exhibition was viral, hitting an agreement with frustrated buyers painting a protruded image of the machinery behind the Bengaluru horizon.

In a publication that has stirred an online storm, a Reddit user who claims to have worked with four large real estate companies in Bengaluru described the industry as a system “built in deception, short -term greed and regulatory theater”.

“Companies publicly listed. Throws in their lives.

Although housing buyers’ funds are intended to protect -the post claims that they are routinely siphoned with false vendors or related entities. “The quarterly financial updates are sautéed or completely false,” the user said, calling the system a facade with “no supervision, without audits and without consequences.”

According to the user, the land of the net title is practically non -existent. Properties are often encompassed in disputes, and these problems are reduced to documentation or stored until buyers close.

Builders said that clubs and civic spaces in non-developable lands, betting on post-facts regularization through bribes. After possession, buyers are allegedly confronted with greater extortion: “Do you want the Oc? ​​Noc? BwSSB? Be ready for bribes,” the publication read.

Another problem indicated a misuse of borewells without permits. “Each project I have worked on has an excessive weight without permits to reduce the costs of tank trucks,” the user wrote.

Both the payment plans linked to the construction and in time linked are, according to the user, he said that the user designed to raise funds early and slowly. “Your project is dragging on while the builder shows new striking launches,” the publication said.

Describing regulatory authority as teeth, the user wrote: “Delays? All that is needed is a standard extension request … There is no significant penalties. There is no real responsibility.”

According to the user, bank approvals, often considered as a safety network by buyers, through internal contacts and “fees”. False states “exhausted” are also used to make urgency.

Even after possession, buyers remain in the dark, as builders delay resident well -being associations to maintain control over revenue amenities. It is assumed that internal staff, runners and members of the channels “are allowed to reserve early units and flip with profit.

With a real cooling of demand, the post accuses builders of hitting to keep the prices swollen. “These are not just business rivals … they often have dinner together,” the user wrote.

Behind it is a “rooted political nexus” that protects the system. The user warns that if even an important player fails, “the entire real estate market in Bengaluru could collapse.”

The publication triggered an online answers. One commentator said: “To date, the transfer of land to the Association of the Highs According to Section 17 of Rera is not happening in Karnataka … The owners can mortgage your land without your knowledge.”

Another user wrote, “It’s like they did everything in their power to deceive and alienate their end consumers.”

A third party intervened with practical concerns: “Are there genuine players in this space? And … What key questions should a buyer ask to ensure that the property is legitimate?”



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