BUSINESSR/SCAMS
Real estate land buying may be not a scam or sam ?
A person purchased land in Bangalore for 12 lakhs in 2024 without approvals, paying 4 lakhs upfront to a real estate company that assured obtaining approvals and refunding the amount if unfulfilled. After a year, the company provided two cheques of 2 lakhs each, withdrawable only by July 31, and delayed responding to requests for depositing them in August.
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