Pune: PMC Takes Proactive Measures to Protect Homebuyers from Fraudulent Property Deals

Pune, 13th January 2024: In a bid to shield homebuyers under PMC limits from falling victim to deceptive real estate transactions, the civic administration is set to release information on illegal constructions in advance. The details of notices sent out regarding unauthorized real estate will be made publicly accessible through the Pune Municipal Corporation’s (PMC) official website.

This decision follows a case where approximately 500 homebuyers were deceived by developers in Ambegaon Pathar, leading to the demolition of several buildings that violated building permission norms last year.

PMC administrator Vikram Kumar stated, “Data about notices sent to illegal properties is being compiled. A committee has been formed to cross-verify these details, and once confirmed, it will be uploaded. Homebuyers are encouraged to refer to this information before making property transactions.”

Legal practitioners, however, emphasized the importance of due diligence on the part of consumers. They advised checking official websites such as PMC and the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act. Additionally, obtaining a comprehensive search report from a legal practitioner, issuing a public notice about the property, and seeking assistance from banks for property inspection and scrutiny were recommended steps.

The legal expert further emphasized the necessity of verifying documents like the sale deed, title deed, encumbrance certificate, and occupancy certificate before finalizing any property deal.

Last year, PMC filed a complaint with the Bharati Vidyapeeth police against 11 developers for engaging in illegal constructions in the Ambegaon Pathar areas. Subsequently, the civic administration demolished their properties on December 28, 2023, considering them illegal. The press note issued by PMC reported that illegal constructions spanning 45,050 square feet were razed during this operation.

PMC officials disclosed that notices had been issued to the developers in 2021, but despite warnings, they continued with illegal constructions and property sales. In response, PMC has initiated an inquiry against civic officials responsible for monitoring illegal construction in these areas. If found guilty, these officials may face disciplinary action, including suspension.