Letter Published in BM on 8Feb 20Buying a home is tough and tricky too
K Ragavan writes the story ‘Bank’s distress sale has put home buyers in stress’ was sad to read. Syndicate bank’s auctioning of apartments has shattered the dreams of six persons. How such a reputed bank such as the Syndicate Bank could have failed to look into the apartments’ litigation issues, raises questions. I request the authorities to probe this incident and ensure that the buyers are given their flats or that their money is refunded. Today buying a property is not only tough but also tricky as no one knows if it is genuine. Government must intervene to protect people’s hard-earned mone
K Ragavan writes the story ‘Bank’s distress sale has put home buyers in stress’ was sad to read. Syndicate bank’s auctioning of apartments has shattered the dreams of six persons. How such a reputed bank such as the Syndicate Bank could have failed to look into the apartments’ litigation issues, raises questions. I request the authorities to probe this incident and ensure that the buyers are given their flats or that their money is refunded. Today buying a property is not only tough but also tricky as no one knows if it is genuine. Government must intervene to protect people’s hard-earned mone
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