Channels of information flow in real estate are limited; buyers rely on the media, intermediaries or hearsay to obtain information. This leaves buyers in the dark, impeding their ability to distinguish between good- and bad-quality housing. Ill-equipped with little to no information, they may purchase homes mired in litigation.
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Around 50,000 to 1 Lakh flats in Noida do not have actual Occupancy Certificates, the twin-tower builder Supertech offered 9,705 such flats to customers.