How to Spot Red Flags in Property Deals in Mangalore?

July 18, 2025

Buying a home is one of the biggest financial decisions you'll ever make. But in a growing real estate market like Mangalore, not every deal is as good as it seems. From unrealistic discounts to missing paperwork, spotting red flags early can save you from legal headaches and financial losses. So, how do you separate the good deals from the risky ones? Let’s dive in.

Discounts, Guaranteed Returns, or Rushed Bookings

You’ve probably come across flashy ads promising 30% off or guaranteed rental income. Sounds tempting, right? But here’s the catch—genuine properties rarely offer deep discounts or unrealistic returns. Why?

Reputed builders price fairly based on market trends.
“Guaranteed returns” are often marketing tactics with hidden conditions.
Discounts may indicate poor project demand or financial trouble.

Pro Tip: Always compare prices with similar projects in the area before taking the bait.

Builder avoiding to share Sale / Legal Documents

If a builder or broker says, “Only a few units left, book now or miss out!” — pause right there.

This is a classic high-pressure sales tactic. Rushing buyers into booking without proper research is a major red flag.

Take your time to verify documents and approvals.
Visit the site multiple times.
Check the Google Reviews or Talk to existing buyers if possible.

Project not listed on the RERA portal

This is a huge warning sign. A trustworthy builder will share the legal documents and bank approval documents. If they:

Avoid or delay sharing
Offer only verbal confirmations
Ask you to pay before showing paperwork

Must-Have Documents to Request:

RERA Registration Certificate
Bank Approvals
Occupancy Certificate

Project Not Listed on RERA Portal

Mangalore falls under Karnataka RERA (Real Estate Regulatory Authority). Every residential and commercial project must be registered under RERA.

If the project isn’t on the RERA Karnataka portal, it could mean:

The builder is bypassing regulations
The land/title approvals are not in place
There’s no protection for your investment

Always check the RERA status before making any payment.

Project Delay without Valid Reason

Construction delays are sometimes unavoidable, but consistent delays without valid reasons are a major red flag.

Signs of trouble:

No updates on the construction progress
Poor site maintenance
Changing delivery dates frequently
Incomplete amenities promised in brochures

A good property doesn’t just look good on paper—it should be legally sound, fairly priced, and delivered on time. Be smart and stay informed.

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