Advertisement
When should a housing society in Mumbai start considering re...
From GST on JDAs to SEBI’s REIT reclassification and the S...
Stay ahead in the world of real estate with our daily podcas...
Stay ahead in the world of real estate with our daily podcas...
Several homebuyers in Bengaluru have been affected after builders executed multiple sale agreements for the same apartment, exposing serious gaps in property registration and verification systems. The issue came to light when buyers discovered that identical flats had been sold to different individuals by altering carpet area details in registration documents. Sub-registrar offices reportedly registered these agreements without detecting duplication, while banks approved home loans without flagging title overlaps. The incident has intensified scrutiny of regulatory oversight and buyer protection mechanisms in the city's residential market.
Homebuyers in Bengaluru have raised serious concerns after discovering that the same apartment was sold to multiple buyers by builders through separate sale agreements. The issue surfaced when buyers noticed that the apartment numbers, floor location, and layout matched, while only the carpet area figures differed slightly in registered documents. Advertisement
Available records show that sub-registrar offices registered these sale deeds without identifying duplication, as minor changes in the stated carpet area allowed the transactions to pass through the system. As a result, different buyers believed they had legally purchased exclusive rights to the same flat, leading to disputes and financial distress.
In some cases, the first buyer had already paid a substantial portion of the apartment value, while subsequent buyers were unaware that the unit had been previously sold. The discovery often occurred when buyers attempted to take possession or during loan verification stages. This has left affected buyers struggling with overlapping claims on the same property.
The situation has also highlighted lapses by banks and housing finance companies, many of which sanctioned home loans without conducting deeper title checks. Financial institutions relied on registered documents without cross-verifying whether the apartment had been sold earlier, raising concerns over standard due diligence practices.
Industry observers note that this is not the first time Bengaluru has seen such issues. Earlier cases involving stalled projects and resale of already-allotted units have been reported, particularly in large residential developments. Buyers have frequently complained about delays, lack of transparency, and weak enforcement of property laws.
Regulatory authorities, including the Karnataka Real Estate Regulatory Authority, have previously intervened in similar disputes and directed refunds with interest where double sales were established. However, buyers argue that enforcement remains reactive rather than preventive, allowing such practices to continue.
The incident has renewed calls for stronger integration of land records, stricter checks at registration offices, and greater accountability for builders and lenders to prevent multiple registrations of the same asset.
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
