Lynching relates to making a person weaker either physically or financially.
Talking about the real estate lynching done by Realtors or Builder to clients by delaying in delivering units, ask for extra amount at the time of possession, do not providing as committed, paying pre EMI for loan, to pay rent as possession is not been given yet is all lynching financially where client get mentally disturbed.
Considering all such issue in Real Estate market & citing lack of professionalism in real estate sector in country. Our Government of India came up with RERA Act, Real Estate Regulation Act to remove the modus oprendi going on in India for Estate Estate sector.
Now the present scenario will change as the developer has to deposit mandatory amount in escrow account, have to give possession on determined time period, have to provide details about project on RERA website. Most important have be authorized RERA registered if they want to deal in Real Estate market.
With all such rules & regulation professionalism will enter into Real Estate sector which will reduce fraud & will bring a new rising for buyers. As the home buyers has a lot of hope from RERA & they consider it as a saviour also will protect them from getting lynched by realtors.
In all above matter Kompass: Your Real Estate Navigator will help you to make you a professional Real Estate consultant if you are willing to work in Real Estate sector. But now things are changing, scenario is also changing which will lead you towards nothing but success.