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Thursday, 1 August 2013

Property in Noida: Becoming a Hub for Under the Table Activities

Noida Property at Makaan.com
The hot news, just out from press, says that sand-mafia is operating on a wide scale in Noida and Greater Noida. Property in Noida has remained a lucrative business for constructors and land dealers. To comply with the high housing demand, they have developed a nexus with police and politicians, thus carrying out all sorts of illegal activities, and that too fearlessly. In order to carry on with their felonious trades, the people involved in unlawful practices have no qualms about killing anyone who tries to expose their deeds. July 31, 2013 saw an activist gunned down by mafia; he was protesting against their illegal mining activities. The situation is really an eye-opener.

Noida properties has been in the front-page news for some wrong reasons or the other.  A few weeks before, we heard about booming of illegal colonies in Greater Noida. The buyers of Noida property are misguided about the registry and many of them get to know of the real facts after they become the occupants. The worst effected is the area around GT Road: about 60% of its land has been taken over by unauthorized colonies. Recently, to go one-on-one with these, the authorities have demolished many of them. But the situation is alarming. With illegal properties in Noida built on an accelerated rate, it has become very difficult to annihilate them all.

The corruptive people involved in such activities are able to dupe the common buyers by hiding the crucial facts and beguiling them in every possible way. The colonizers are able to produce fake documents by collaborating with police and are able to dupe people into buying illegal inventories. Even if they get caught under legal rules, they walk away freely, thanks to the tutelage provided by politicians and law protectors.

Before you make up your mind in buying any property in Noida, scrutinizing on a deeper level can be help you take the right decision. Inquire about it from the sources available. Keeping yourself well-informed can prevent you from signing any dubious deals.

Makaan.com is India's leading real estate websites. Catering to the needs of both commercial as well as residential needs of the buyers, the portal presents lakhs of properties online. A buyer can search the site for locating the space that he is interested in purchasing and can contact with developers, landlords, and promoters to initiate the buying process.

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