Model builder-buyer agreement crucial for realty sector in India: SC

11 Oct 2021 CW Team

Court Justices D Y Chandrachud and B V Nagarathna issued a notice to the central government on the plea and sought its response.

The bench of Justices told the media that consumer protection is important because builders put numerous clauses in the agreement, and the people are not aware of it. The realty agreement should have uniformity, so the model builders buyers agreement is vital in the country.

Supreme Court Advocate Ashwini Upadhyay told the media that the model agreement should be prepared by the centre, as some states have it and some do not, there is no uniformity in those agreements.

Senior Advocate Vikas Singh said that the states which already have a model agreement, builders try to influence the conditions to be incorporated, so the centre should implement the model agreement in all the states and Union Territories.

Senior Advocate Maneka Guruswamy said that the centre should seek the implementation of the model agreement to safeguard consumer interest.

The Public Interest Litigation (PIL) filed by Upadhyay has sought the centre to frame the model agreement for builders and buyers to protect consumer interest and bring transparency in the real estate sector in line with the Real Estate Regulatory Authority (RERA) Act 2016.

It was filed in October 2020 to seek implementation of the model builder buyer agreement and the model agent buyer agreement in all the states and to avoid harm to the consumer.

According to the plea, builders issue revised delivery schedules regularly and arbitrary unfair restrictive trade practices. It amounts to criminal breach of trust, criminal conspiracy, fraud, cheating, dishonesty, dishonest misappropriation of property and violation of corporate laws.

The plea has also sought regulations to compensate the buyers for losses because of delays from the promoters-builders and to recover the incurred amount.

Image Source

Also read: SEBI tweaks laws for REIT, InvIT on exit for dissenting unitholders

The Supreme Court has announced that a model builder-buyer agreement is important for the real estate sector in India for consumer protection because many developers try to put various clauses in it which people are not aware of. Court Justices D Y Chandrachud and B V Nagarathna issued a notice to the central government on the plea and sought its response. The bench of Justices told the media that consumer protection is important because builders put numerous clauses in the agreement, and the people are not aware of it. The realty agreement should have uniformity, so the model builders buyers agreement is vital in the country. Supreme Court Advocate Ashwini Upadhyay told the media that the model agreement should be prepared by the centre, as some states have it and some do not, there is no uniformity in those agreements. Senior Advocate Vikas Singh said that the states which already have a model agreement, builders try to influence the conditions to be incorporated, so the centre should implement the model agreement in all the states and Union Territories. Senior Advocate Maneka Guruswamy said that the centre should seek the implementation of the model agreement to safeguard consumer interest. The Public Interest Litigation (PIL) filed by Upadhyay has sought the centre to frame the model agreement for builders and buyers to protect consumer interest and bring transparency in the real estate sector in line with the Real Estate Regulatory Authority (RERA) Act 2016. It was filed in October 2020 to seek implementation of the model builder buyer agreement and the model agent buyer agreement in all the states and to avoid harm to the consumer. According to the plea, builders issue revised delivery schedules regularly and arbitrary unfair restrictive trade practices. It amounts to criminal breach of trust, criminal conspiracy, fraud, cheating, dishonesty, dishonest misappropriation of property and violation of corporate laws. The plea has also sought regulations to compensate the buyers for losses because of delays from the promoters-builders and to recover the incurred amount. Image Source Also read: SEBI tweaks laws for REIT, InvIT on exit for dissenting unitholders

Infrastructure Urban

12 Jan 2026

Army Chief Concludes Defence Outreach to UAE and Sri Lanka

The Chief of the Army Staff (COAS), Upendra Dwivedi, has recently concluded his official visit to the United Arab Emirates and Sri Lanka, reaffirming India’s commitment to strengthening defence cooperation, military-to-military engagement and strategic partnerships across West Asia and the Indian Ocean Region.During his visit to the UAE, the COAS held wide-ranging discussions with senior leadership of the UAE Armed Forces, including the Commander of the UAE Land Forces. The interactions focused on enhancing interoperability, expanding joint training initiatives and strengthening professional..

Infrastructure Transport

12 Jan 2026

DRDL Achieves Breakthrough in Hypersonic Missile Engine Tests

The Defence Research & Development Laboratory (DRDL), a Hyderabad-based laboratory of the Defence Research and Development Organisation (DRDO), has recently achieved a major milestone in the development of hypersonic missile technology. The laboratory successfully conducted a long-duration ground test of its Actively Cooled Scramjet Full Scale Combustor, recording a run time of over 12 minutes at the Scramjet Connect Pipe Test (SCPT) Facility on 9 January 2026.This achievement builds on an earlier successful subscale long-duration test carried out in April 2025 and represents a significant..

Infrastructure Urban

12 Jan 2026

TRAI Drive Test Assesses Mobile Network Quality in Sonipat

The Telecom Regulatory Authority of India (TRAI) has released the findings of an Independent Drive Test (IDT) conducted across Sonipat city in Haryana during December 2025, aimed at informing consumers about the real-world quality of mobile network services. The exercise evaluated both voice and data performance offered by Telecom Service Providers (TSPs) under live network conditions.During the IDT, TRAI captured performance data on key indicators such as call setup success rate, drop call rate, call setup time, speech quality and data throughput. Advanced test handsets and software tools wer..