Real Estate Disputes Archives

Case Briefs Tribunals/Commissions/Regulatory Bodies

Builder Received Home Loan Amount, Defaulted on Repayment, Yet SBI Proceeded Against Homebuyers: Rajasthan RERA Steps In and Restrains Coercive Recovery

The authority restrained the respondents from carrying on or continuing any action detrimental to the complainants’ interests in respect of the 2 flats and directed SBI not to take any coercive action against the complainants for recovery of the amount.

Akaant Mittal Experts Corner

Homebuyers’ Conundrum = Damned If You Do; Damned If You Don’t

by Akaant K. Mittal* and Bhavana Garg**

Case Briefs Supreme Court

Consumer Forums cannot award Compound Interest as Compensation under Consumer Protection Act, 1986 in Real Estate Disputes: SC

The Court observed that for determination of compensation, the Consumer Forum must examine the time value for money, an in-depth analysis of all the facts and materials surrounding factors, including uncertainties of market are to be considered.