Supreme Court on Compound Interest in Real Estate Disputes: Suneja Towers vs. Anita Merchant (2023) LEGAL ISSUE: Whether consumer courts can award compound interest on refunds in real estate disputes. CASE TYPE: Consumer Dispute Case Name: M/S Suneja Towers Private Limited & Anr. vs. Anita Merchant Judgment Date: 18 April 2023 Introduction Date of the […]
Supreme Court clarifies liability for delay compensation in real estate project: Parsvnath Developers vs. Gagandeep Brar (2023) The Supreme Court of India clarifies the responsibility for paying compensation to homebuyers for project delays, addressing a dispute between a developer and a housing board. Can a real estate developer be solely liable for compensation to homebuyers
Supreme Court Upholds Compensation Ratio in Housing Dispute: Chandigarh Housing Board vs. Parasvanath Developers (2019) LEGAL ISSUE: Liability for compensation and refund in a failed real estate project. CASE TYPE: Consumer. Case Name: Chandigarh Housing Board vs. M/s. Parasvanath Developers Pvt. Ltd. & Anr. [Judgment Date]: 17 December 2019 Date of the Judgment: 17 December
Supreme Court Enforces Agreement for Flat Allotment Despite Payment Dispute: Suman Jindal & Anr. vs. M/s. Adarsh Developers (2019) LEGAL ISSUE: Whether a developer can cancel a flat allotment for alleged non-payment of the full booking amount when the parties had agreed to a reduced booking amount. CASE TYPE: Consumer Dispute Case Name: Suman Jindal
Supreme Court Allows Refund with 9% Interest for Delayed Possession: Kolkata West International City Pvt Ltd vs. Devasis Rudra (2019) LEGAL ISSUE: Whether a homebuyer is entitled to a refund with interest for delayed possession, despite initially seeking possession as the primary relief. CASE TYPE: Consumer Dispute Case Name: Kolkata West International City Pvt Ltd
