India, Aug. 29 -- In 2015, Dubai-based professional Errol Norrohna thought he was securing his family's future when he invested over Rs.1 crore in Bengaluru's ambitious Ozone Urbana township near Kempegowda International Airport. Convinced by glossy brochures and heavy marketing campaigns, he even booked a second property in 2018, believing the project would be delivered on time. But by 2017, construction had stalled. When he lost his job during the pandemic in 2020 and returned to India, he discovered that the apartments he had put his savings into remained unfinished.

"At that time, the company was doing such heavy marketing that none of us suspected anything was wrong," he said.

Norrohna is not alone. Many NRIs who invested in the Oz...