Karnataka becomes hub of Housing societies scams

According to the recent reports housing societies which are considered as a boon for the not-so-rich to own a plot or an apartment in cities now has become a den for the irregularities in property dealings in Karnataka.
Reports cited that “several societies are under the government’s scanner due their illegal connections with the legislature and another with the judiciary.”
Following to the reports of the large scale irregularities in deals, government has planned to take over the management of the Legislature Employees Society. And it has issued a notice to the management of the society seeking its response over the reports citing irregularities in dealings.
“The sleuth has started to find out the illegal activities going on in Housg. Soc, there are three team has been formed to investigate the dealings of 81 housing societies in Bangalore and 31 in Mysore, about 130 km from here”, senior government officials said.

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