Financiers’ callousness enabling massive housing scams by builders?

On Property India, we highlight the massive housing scam by a builder in Noida who managed to sell out flats to multiple buyers and how finance companies casually approved loans to the buyers without verification. On Property India, we discuss how these big companies could be this careless in approving loans and also what the reprieve is for buyers who are cheated in this manner. (Audio in Hindi)
Watch full show: http://www.ndtv.com/video/player/property-india/video-story/322886

manishchowhan