Why do people go after real estate properties in India even if lot of disputes associated with it?If you have any vacant land in India, you should have a hawk eye on it, otherwise some influential persons will grab it. Even while buying a new property, we are not sure whether the documents are genuine or not. Even if we try to buy a flat, we are not sure whether it will be handed over to us or not. Even if you rent a property, you are not sure whether the tenant can give the rent regularly without fail. In India, most of the frauds are happening in the real estate field only. The Revenue department is using this as an opportunity to make money and it became the most corrupted department in India.
For our living, we need only one house and there are many investment opportunities for getting a regular income but still people go after real estate properties for the extra income, even though many disputes are associated with it. Is it happening due to the lack of awareness of other investment avenues or something else?