How You Can Detect Property Fraud in Just Rs. 12…?
If the seller is genuine he will tell you the truth but if he has an intention to defraud you, then you cannot do anything except asking the help of an expert. But going for the help of an expert is an expensive task and time consuming.
We will explain how you can obtain the loan/mortgage details of any property in Just Rs 12 from CERSAI Website.
Hence to overcome these fraudulent activities and to save the interest of lenders as well as buyers an Online Mechanism was introduced in the year 2011 by bringing CERSAI.ORG.IN a very reliable website of the government of India.
It is a website through which any person can trace the details of property by paying a fee of Just Rs 11.80 to government. Every bank and financial institution is under an obligation to report every kind of mortgage created through lending within 30 days of its creation.
HOW TO DOWNLOAD THE REPORT ….?
Step 1- After visiting CERSAI website go to Public Search on Home Page.
Step 2- Three tabs will appear under search section- Asset Based Search, Debtor Based Search and Vehicle Based Search. You can opt for them as per your requirement and download the report.