The media in india has not covered a major land sale fraud which appears to be widely prevalent. Investors making a down payment for purchasing land and will be expected to pay the remaining amount using post dated cheques. The buyer will make the payment as instructed. However the buyer will find that the cheques issued are not encashed by the land seller. Then the land seller will say that they have not received the payment, the buyer is a defaulter..
When the buyer will say that they have issued post dated cheques, the seller will say that they have not received the payment and the buyer should have checked with the seller.
The seller usually has a team of lawyers at their disposal, so small buyers cannot afford to take up the case in the court of law. It appears that only buyers who are not well connected are targetted for the land sale fraud.
Hence unless the buyer can follow up with the seller without wasting time, they should not invest in land