real estate news
Supreme Court Declares Housing a Fundamental Right, Issues Sweeping Reforms
In a groundbreaking decision, the Supreme Court of India has declared housing a fundamental right under Article 21 of the Constitution. The court has issued comprehensive directives to protect homebuyers and strengthen real estate regulations.
Real Estate
Supreme Court Ruling Boosts Homebuyers' Rights and Real Estate Transparency
The Supreme Court's recent judgment on stressed housing projects has set a new precedent, elevating the right to housing as a fundamental right and urging the government to establish a revival fund for troubled projects.
Real Estate
Supreme Court Considers Hybrid Resolution Framework for Supertech's Stalled Supernova Project
The Supreme Court is considering a hybrid resolution framework, supervised by retired judges, to complete Supertech Realtors' Supernova project in Noida, drawing parallels with previous real estate insolvency cases.
real estate news
Supreme Court Ruling Paves Way for Real Estate Reforms and Housing Rights
The Supreme Court's recent ruling has declared housing a fundamental right and directed the government to undertake major reforms in the real estate sector, particularly under the Insolvency and Bankruptcy Code (IBC) and RERA.
Real Estate Mumbai
Supreme Court Directs Real Estate Reforms, Declares Housing a Fundamental Right
The Supreme Court has directed major reforms in the real estate sector, including changes to the IBC and RERA, to protect homebuyers' rights. Developers and legal experts welcome the move, seeking a multi-stakeholder approach for systemic reforms.
real estate news
Real Estate Sector Anticipates Major Reforms Following Supreme Court Housing Rights Ruling
The Supreme Court's recent ruling declaring housing a fundamental right has sparked a wave of anticipated reforms in the real estate sector. Developers and legal experts welcome the move but emphasize the need for a multi-stakeholder approach to ensure effective systemic changes.
real estate news
Supreme Court Ruling on Housing Rights: A New Era for Real Estate
The Supreme Court's recent ruling, declaring housing a fundamental right, has set the stage for significant reforms in the real estate sector. Developers and legal experts welcome the move, emphasizing the need for a multi-stakeholder approach to systemic reforms.
Real Estate
Supreme Court Mandates Major Reforms in Real Estate Sector, Declares Housing a Fundamental Right
The Supreme Court has directed the Centre to implement significant reforms in the real estate sector, including changes to the IBC and RERA, to protect homebuyers' rights.
real estate news
Supreme Court Orders Clean-Up of Real Estate Sector to Protect Homebuyers
The Supreme Court's recent ruling has put the spotlight on speculative investors in India's real estate market, calling for systemic reforms to protect genuine homebuyers and ensure the sector's credibility.
Real Estate
Supreme Court Orders Clean-Up of India's Real Estate Sector
The Supreme Court's recent ruling has shed light on the need for systemic reforms in India's real estate market to protect genuine homebuyers and curb speculative practices.
Real Estate
Supreme Court Protects Genuine Homebuyers, Curbs Misuse of Insolvency Law
In a landmark judgment, the Supreme Court has distinguished between genuine homebuyers and speculative investors, ruling that the Insolvency and Bankruptcy Code (IBC) cannot be misused for recovery purposes.
Real Estate
Supreme Court Upholds NGT Order on Environmental Regulations for Real Estate Projects
The Supreme Court has upheld the 2024 Order by the National Green Tribunal (NGT), directing the Ministry of Environment, Forest and Climate Change (MoEF&CC) to ensure that all building and construction projects within 5 km of certain protected areas are treated as 'Category A' projects. This decision has significant implications for real estate developers, leading to potential delays in project execution.
real estate news
Supreme Court Warns Against Speculative Real Estate Investors
The Supreme Court of India has issued a strong warning against speculative investors in the real estate sector, emphasizing their detrimental impact on genuine homebuyers and the overall market.
Real Estate
Supreme Court Warns Against Speculative Investors in Real Estate
The Supreme Court has highlighted the misuse of insolvency proceedings in the real estate sector by speculative investors, cautioning that such practices can jeopardize the interests of genuine homebuyers.
Real Estate
Supreme Court Urges Centre to Act on Stalled Housing Projects
The Supreme Court has called on the Centre to take proactive steps to address the mounting issues of stalled housing projects, urging the government to consider establishing a revival fund and taking over such projects to protect homebuyers' interests.
real estate news
Supreme Court Urges Centre to Act on Stalled Housing Projects and Protect Homebuyers
The Supreme Court has called on the Centre to take proactive measures to support stalled housing projects and protect the rights of homebuyers. The court emphasized the constitutional obligation to ensure that the dream of owning a home does not turn into a nightmare.
real estate news
Supreme Court Directs Filling of NCLT/NCLAT Vacancies on War Footing
The Supreme Court has issued directives to fill vacancies in the NCLT and NCLAT on a war footing, aiming to protect the interests of genuine homebuyers and stabilize the real estate sector.
real estate news
Supreme Court Mandates Registration of New Housing Projects with Local Revenue Authorities
The Supreme Court has issued a directive that every new residential real estate transaction must be registered with local revenue authorities upon the buyer paying at least 20% of the property cost. This move aims to protect homebuyers, especially senior citizens, and ensure the timely completion of housing projects.
Real Estate
Supreme Court Mandates Urgent Filling of NCLT/NCLAT Vacancies for Real Estate Sector Stability
The Supreme Court has issued comprehensive directions to ensure the stability of the real estate sector and protect the interests of genuine homebuyers. The Court has emphasized the need for a war-footing approach to fill vacancies in NCLT and NCLAT, among other measures.
Real Estate
Supreme Court Ruling: Real Estate Insolvency Proceedings to Be Project-Specific
The Supreme Court has ruled that insolvency proceedings for real estate companies should primarily focus on specific projects, protecting genuine homebuyers and maintaining clarity in the insolvency process under the Insolvency and Bankruptcy Code (IBC).