Everywhere not in India, you can find corruption in whorle the world. It depends on you how are you smart and having knowlegde regarding your profession.
No doubt real estate industry was unorganised industry because there was no govenment body to control the commitment done by builders in india.
After implementation of RERA in indian real estate industry this industry is going to well organised with transperency of big deals and would be fulfill timly.
Indian real estate industry is attracting FDI as well as international realty fund to invest in indian market due to many things thats are creating credibility among investors/endusers as well as NRIs
Every developer need to maintain escrow account of each project and can not reinvestment the amount received after the sale of the project.
Timly delievery is necessary to builder otherwise whole project revenue cost approx 10% will be recovered by government as penality
Conclusion:- Indian Market is going organised because it is creating credibility among builders and end users and there is no scope to those people who are corrupt and have wrong intention toward the customers as committed them.
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