By Admin 
- Sold the 34th floor flat, the building turned out to be 32 storeys.
- Shane discovers fraud, defies developer.
- The court ordered payment, but the amount remained stuck.
China Real Estate Scam: Amidst the increasing scams in the real estate sector, a shocking case has come to light from China’s Shaanxi province, where a person had bought a flat on the 34th floor, but later it was found that there were only 32 floors in that building. Everyone is shocked to know about this incident.
Bought the flat in 2013
According to the report, a person named Shen had bought this flat in a village near Shiyan in 2013. He had taken a 90 square meter unit on the 34th floor, which was priced at about 2,646 yuan per square meter. This price was much lower than the average houses in the area at that time, because this project was built on rural land. The project fell under grey-market housing, which is often built on rural land without proper government approval. The thing to note is that such houses are definitely cheap, but they do not have legal protection and the facility of resale.
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How did the betrayal happen?
Let us tell you that Shen had made a down payment of about 117,700 yuan in 2013. The developer had promised that the flat would be handed over by 2015, but the project was not completed on time, after which in 2017 the developer said that the project has been completed and also asked to pay the remaining money, but Shane said to pay the remaining money only after getting the keys.
This is how the 32nd floor was revealed
The surprising thing is that after some time Shane came to know that there are only 32 floors in the building. Initially he was offered a flat on the 32nd floor, but later that too was no longer available. After which Shane demanded to take back the money, but the developer kept postponing it citing lack of funds. After which he got back 20 thousand Yuan in 2020 (approximately Rs 2.2 lakh to 2.3 lakh in Indian Rupees) and 50 thousand Yuan in 2022 (approximately Rs 5.5 lakh to 5.8 lakh), but the rest of the money is still stuck.
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The matter reached the court
When the developer did not return the remaining amount, Shane took the matter to court. After which the arbitration commission ordered the developer to return the money along with interest and compensation, but the full payment was not made even till May 2026.