The various Governments be it Congress, BJP, AIADMK, etc all lacked the will to curb black money and the windfall il-legal profit Goons and Politicians made by looting general public by means of Real Estate Deals. The Honorable Supreme Court waited for too long and hence decided to pass an order where-in all Real Estate Deals by means of General Power of Attorney, Special Power of Attorney or Agreement for Sale to curb BlackMoney and weed out all the agents who artificially jacked up the prices.
Modus Operandi – A Goon / Property Agent usually backed by local Corporator / MLA lures a property seller and gets an
Read moreSupreme Court Bans GPA / SPA / Agreement for Sale in Real Estate to Curb Black Money