Actor Jagapathi Babu Warns of Real Estate Fraud: Know the Risks
Actor Jagapathi Babu shares his experience of being cheated by a real estate company
Real EstateFraudJagapathi BabuReraEntertainmentReal Estate NewsMay 30, 2024
With over 170 feature films under his belt and several awards to his credit, Jagapathi Babu is a respected figure in the film industry. He is also quite active on social media, where he shared his ordeal and cautioned others about the dangers of real estate fraud.
Frauds are happening more in real estate, Jagapathi Babu warned, referencing a warning by Telangana CM Revanth Reddy. As someone who has acted in a real estate ad, he realized that even he was not immune to being cheated. He urged everyone to know the Real Estate Regulatory Authority (RERA) regulations before buying land, emphasizing the importance of being aware of the risks.
Jagapathi Babu has had a successful career in films, with his debut in Simha Swapnam (1989) and breakthrough in Gaayam (1993). He has worked in several popular films, including Chilakapachcha Kaapuram, Maa Aavida Collector, and Good Luck Sakhi.
Currently, he is set to appear in the upcoming film Pushpa 2: The Rule, directed by Sukumar and produced by Mythri Movie Makers.
Real estate fraud is a growing concern in India, with many individuals and organizations falling prey to fraudulent activities. The Real Estate Regulatory Authority (RERA) was established to regulate the real estate sector and protect the interests of buyers. However, despite these efforts, frauds continue to occur, highlighting the need for greater awareness and vigilance.
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Frequently Asked Questions
What happened to Jagapathi Babu?
Jagapathi Babu was cheated by a real estate company but he did not disclose the name of the organization
What is RERA?
RERA stands for Real Estate Regulatory Authority which was established to regulate the real estate sector and protect the interests of buyers
What is the warning Jagapathi Babu gave on social media?
Jagapathi Babu warned about the risks of real estate fraud and emphasized the importance of knowing RERA regulations before buying land
What is Jagapathi Babu's background in the film industry?
Jagapathi Babu has worked in over 170 feature films and has won several awards including four Filmfare Awards and seven state Nandi Awards
What is Jagapathi Babu's upcoming film?
Jagapathi Babu is set to appear in the upcoming film Pushpa 2: The Rule directed by Sukumar and produced by Mythri Movie Makers
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