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Supreme Court Directs Real Estate Developers Not to Restrict Homebuyers with One-sided Agreement

Supreme Court Directs Real Estate Developers Not to Restrict Homebuyers with One-sided Agreement By siliconindia  |  Tuesday, 12 January 2021, 14:00 Hrs The Supreme Court on January 12 observed that a real estate developer cannot compel homebuyers to be bound by one-sided contractual terms contained in the Apartment Buyers Agreement. The apex court held that incorporation of such unreasonable clauses in the agreement constitutes an unfair trade practice under...
Indu Malhotra Indira Banerjee National Consumer Disputes Redressal Commission Supreme Court On Supreme Court Apartment Buyer

SC To Real Estate Developers: Cannot Compel Homebuyers To Be Bound By One-sided Agreements

SC to real estate developers: Cannot compel homebuyers to be bound by one-sided agreements Supreme Court also holds that incorporation of unreasonable clauses in the agreement constitutes an unfair trade practice under the Consumer Protection Act; clarifies that buyers have the right to choose one remedy in case “two concurrent remedies” are available Supreme Court The Supreme Court on January 12 observed that a real estate developer cannot compel homebuyers to be bound by one-sided contrac...
Indu Malhotra Yudhisht Singh Aditya Parolia Indira Banerjee Supreme Court National Commission

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