Can AI Stop Property Fraud in India? What Homebuyers Need to Know
Imagine saving for years to buy your first home, completing the registration, and then discovering that the same property had already been sold to someone else. Property fraud is not new. Forged title documents, impersonation of owners, undisclosed mortgages, manipulated records and multiple sales of the same property have troubled buyers, banks and courts for decades. What is new is the possibility of using Artificial Intelligence to detect these risks before the transaction is completed. AI can compare records, identify inconsistencies and detect suspicious patterns much faster than traditional manual scrutiny. But can it actually make property transactions safer? The answer is yes but only if we understand what AI can and cannot do. Why is property fraud difficult to detect? A property transaction rarely depends upon one document. Relevant information may be spread across registration records, revenue records, municipal authorities, RERA databases, court proceedings an...
