The tale of Punjab’s illicit housing projects is one of theft, corruption, and greed. Prominent participants in these recurrent frauds are wealthy real estate developers purportedly supported by dishonest legislators and assisted by a dishonest bureaucracy. Nevertheless, tens of thousands have lost billions of hard-earned rupees collectively, instead of realizing their dream of owning a home. Stated differently, the promoters of these scams are prohibited from publicizing their “projects” that sell plots to gullible people. The majority of these schemes only exist on paper; in reality, land for the housing society is only acquired through the sale of imaginary plots.

Source: The Patriot May 05, 2024 16:47 UTC