Supreme Court Ruling Strengthens Homebuyer Protections: Insights from Gauri Jagtap

Posted On - 10 September, 2024 • By - King Stubb & Kasiva

The Supreme Court has ruled that real estate developers must secure all necessary certificates before offering possession of flats to buyers. This judgment marks a significant victory for homebuyers, ensuring they are protected from the risks associated with incomplete or unsafe properties.

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Gauri Jagtap has highlighted the critical impact of this ruling on the real estate industry and homebuyers alike. Commenting on the decision, she stated, “The Supreme Court order protects homebuyers from taking possession of unsafe or incomplete properties and compels builders to adhere to legal safety standards before offering handover of the flats. This judgment not only upholds the rights of homebuyers but also reinforces the importance of compliance with legal standards in the real estate sector.”

Read more: https://www.hindustantimes.com/real-estate/granting-possession-of-a-flat-without-completion-and-firefighting-clearance-certificates-illegal-sc-101725888225349.html