“Fake sale, Fomo fraud operations …”: The internal industry poured real estate secrets in Bangaluru in the viral publication

From Bazed LakeBes to forged documents and tampered approvals, the Indian real estate sector has long been drowned in mysterious practices. In Bangaluru, one of the most important real estate markets in the country, these violations are not just cross blades – they are baked in the system.

The last company Reddit Post was carried out by one of those familiar with this curtain, and revealed a network of deception, collusion and organizational theater that quietly fueled the real estate boom in the city. Since then, the detailed exhibition has become viral, as it struck a tendon with a frustrated housing buyer, drawing a realistic image of the mechanism behind the Bangaluru horizon.

In a publication that sparked an online storm, a Reddit user described that he worked with four major real estate companies in Bangaluru as a system “based on deception and greed in the short term and the organizational theater.”

The user wrote: “The companies are publicly listed. Luxurious launch. Attractive brochures. But under the surface? Correct system,” the user wrote.

Although the money from the home buyers is supposed to be secured in the guarantee under RERA, the post claims that they are routinely placed using false sellers or relevant entities. The user said: “The quarterly financial updates of RERA or completely fake,” describing the system as an interface “without supervision, no audits, and no consequences.”

According to the user, the clean address of the address is not practically present. Real estate often intertwines in disputes, and these problems are reduced either in documents or convincing until buyers are locked.

According to what was reported, the builders have established clubs and civil spaces on non -developmental lands, as they are betting on post -reality through bribes. After possession, it is claimed that buyers are facing more extortion: “Do you want a NoC connection? BWSSB? Be ready for bribes”, reading.

The abusive use of the commanders was without other case permits. The user wrote: “Every project that I worked on has an excessive well without permits to reduce the costs of the water carrier.”

The user, as the user claimed, claimed that both of the construction and time -related payment plans are designed to deliberately and deliberately slow money. The publication said: “Your project crawls while the creator displays new glamorous launches.”

The user described as without teeth, “delay? All it takes is a standard extension request … no major penalties. No real accountability.”

Banking approvals, which are often seen as a safety net can be processed by buyers, through internal communications and “fees”, according to the user. Fake “sold” cases are also used to manufacture urgency.

Even after possession, buyers remain in the dark as the builders delay the formation of luxury bonds residing to retain the control of the amenities generated in revenue. It is claimed that “internal employees, brokers and channel partners” are allowed to book early units and their heart for profit.

While cooling the real demand, the post accuses the collusion builders to maintain inflated prices. “These are not just business competitors … they often eat together,” the user wrote.

Behind it, everything lies “a deep -rooted political bond” that protects the system. The user warns that if one main player stumbles, “the real estate market may collapse in the entire Bangaluru.”

The post caused the flow of responses online. One of the commentators noted: “To this day, the transfer of lands to the allocation association does not occur according to Article 17 of RERA in the state of Karnataka … Land owners can mortgage your land without your knowledge.”

Another user wrote, “It seems as if they were doing everything they could to deceive their final consumers.”

A third is scattered with practical concerns: “Are there any real players in this space? And … What are the main questions that the buyer should ask to make sure that the property is legitimate?”