Developers can't force one-sided agreements: SC
Real Estate

Developers can't force one-sided agreements: SC

The Supreme Court has observed that homebuyers cannot be compelled by real estate developers by one-sided contractual terms in the sale agreement. The apex court held that unreasonable clauses in the agreement indicate an unfair trade practice as per Consumer Protection Act (CPA).

The court also noted that there were several clauses in the agreement that reflected entirely one-sided terms of the apartment buyer's agreement, that are wholly loaded in favour of the developer, and against the allottee.

On the issue of whether provisions of RERA be given primacy over CPA, 1986, the court was of the opinion that in case there are two concurrent remedies available, and the aggrieved party chooses to exercise one, they lose the right to simultaneously exercise the other for the same cause of action.

The CPA 1986 was enacted to protect consumers' interests and provide a way for better protection of consumer interest, including the right to seek redressal against unfair trade practices or unscrupulous exploitation, the court said.

Image Source


4th Indian Cement Review Conference 2021

4th Indian Cement Review Conference 2021

17-18 March 

Click for event info

The Supreme Court has observed that homebuyers cannot be compelled by real estate developers by one-sided contractual terms in the sale agreement. The apex court held that unreasonable clauses in the agreement indicate an unfair trade practice as per Consumer Protection Act (CPA). The court also noted that there were several clauses in the agreement that reflected entirely one-sided terms of the apartment buyer's agreement, that are wholly loaded in favour of the developer, and against the allottee. On the issue of whether provisions of RERA be given primacy over CPA, 1986, the court was of the opinion that in case there are two concurrent remedies available, and the aggrieved party chooses to exercise one, they lose the right to simultaneously exercise the other for the same cause of action. The CPA 1986 was enacted to protect consumers' interests and provide a way for better protection of consumer interest, including the right to seek redressal against unfair trade practices or unscrupulous exploitation, the court said. Image Source4th Indian Cement Review Conference 20214th Indian Cement Review Conference 202117-18 March Click for event info

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->