Homebuyers being defrauded, uniform buyer-builder agreement necessary: Supreme Court : The Tribune India

Join Whatsapp Channel

Homebuyers being defrauded, uniform buyer-builder agreement necessary: Supreme Court

The bench has posted the matter for hearing on July 19

Homebuyers being defrauded, uniform buyer-builder agreement necessary: Supreme Court

Photo for representational purpose only. iStock



PTI

New Delhi, July 8

Homebuyers in the country are being defrauded, necessitating the need to bring uniformity in builder-buyer agreements, the Supreme Court observed on Monday.

“Buyers are being defrauded by builders all across and that is why the need for uniformity now,” a bench of Chief Justice DY Chandrachud, Justice JB Pardiwala and Justice Manoj Misra said.

The top court was hearing a PIL filed by lawyer Ashwini Upadhyay in 2021, saying a model agreement was required to ensure transparency and fairness and to restrain builders and agents from indulging in unfair and restrictive trade practices.

Senior advocate Devashish Bharuka, assisting the bench as an amicus curiae, told the bench that a final status report along with draft builder-buyer agreements had been placed on record.

It was also submitted that suggestions of states had been received and incorporated.

The bench said it would peruse the report of the amicus curiae and the objections to it.

Earlier, the bench had allowed the stakeholders, including industry associations, to furnish their suggestions on these model agreements to the Union Ministry of Housing and Urban Affairs.

The bench has posted the matter for hearing on July 19.

#Supreme Court


Top News

Global Microsoft outage hits Indigo, Akasa, Spicejet, Air India operations, airport services

Chaos at airports as computer outage hits airline check-in; banks largely unaffected

In one of the biggest-ever IT outages, an update of a produc...

Microsoft users worldwide report widespread outages affecting banks, airlines and broadcasters

Widespread Microsoft outage disrupts flights, banks, media outlets and companies around the world

Airlines in India, UK, Australia, Europe report problems; ba...

'Anticipate a resolution is forthcoming': Microsoft on massive global outage

'Anticipate a resolution is forthcoming': Microsoft on massive global outage

Windows devices were affected due to an update from a third-...

Judiciary will take its course, says controversial IAS officer Puja Khedkar as she leaves Washim

Judiciary will take its course, says controversial IAS officer Puja Khedkar as she leaves Washim

The UPSC has initiated a series of actions against Puja Khed...

FIR against trainee IAS Puja Khedkar; UPSE  begins termination process

UPSC files forgery case against probationary IAS officer Puja Khedkar; to debar her from future exams

Official sources say the commission had on Thursday filed a ...


Cities

View All