India, Feb. 24 -- A routine home-buying journey in Bengaluru has turned into a fight for financial survival. A distraught buyer took to Reddit to reveal how they were lured into a Rs.1.4 crore deal with the promise of immediate possession, only to find the builder lacked the basic legal clearances to hand over the keys. With 30 lakhs already paid and the builder demanding the remaining balance for a "disputed" registration, the individual shared the post as a warning to other homebuyers.

"Lost 30 lakhs in Bangalore real estate People in my office told me that rents will keep increasing and I should buy my own place. I tried looking for A grade builders like prestige, brigade. They were way too expensive and the flats were like matchbox s...