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Propmyna Khabri
posted on 7 AprGang Colludes with Builders in Rs 100 Crore Housing Loan Fraud
Heads up, Noida investors! Ever feel like something's fishy with some property deals? Turns out, your gut might be right. A major housing loan fraud worth ₹100 crore has been busted in Noida, with builders allegedly involved. Apparently, this gang was creating fake documents to get loans, then laundering the money. Eight arrests have been made. This kind of fraud can mess with property values and make it harder to get legitimate loans. It also creates uncertainty about the true ownership of properties. Does this news make you rethink your investment strategy in Noida? How do you think it will impact the market in the long run?
#Noida#fraud#legal
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