Supreme Court: Nationwide Uniform Builder-Buyer Agreement Needed

10 Jul 2024 CW Team

The Supreme Court of India has highlighted the importance of implementing a uniform builder-buyer agreement across the country. This move is aimed at protecting homebuyers from fraudulent practices and ensuring transparency in real estate transactions. The court emphasised that a standardised agreement would help prevent exploitation by unscrupulous builders, providing a consistent framework for transactions. The decision comes in response to increasing complaints from homebuyers about delays, hidden charges, and other malpractices by builders. The bench, led by Justice D.Y. Chandrachud, pointed out that a uniform agreement would include clear terms on project timelines, penalties for delays, and specifications for construction quality. This would help safeguard the interests of homebuyers and promote fairness in the real estate market. Currently, the lack of a standardised agreement allows builders to include terms that may be disadvantageous to buyers. A uniform agreement would eliminate ambiguities and ensure that all parties are aware of their rights and obligations from the outset.

Infrastructure Energy

19 Sep 2025

Nawgati Partners with Seed Group to Modernise UAE Fuel Retail

Nawgati, India’s leading fuel-tech platform, has partnered with Seed Group, part of The Private Office of Sheikh Saeed bin Ahmed Al Maktoum, to transform the UAE’s fuel retail and station management sector. The tie-up will deploy digital solutions to ease congestion, improve compliance, and enhance operational efficiency across outlets. Vaibhav Kaushik, Co-founder and CEO of Nawgati, said, “This partnership with Seed Group marks a significant milestone in Nawgati’s journey as we step out of India and into global markets. With Seed Group’s regional leadership and our technology, ..

Sterling Opens Sterling Hibis Vellore, Its First Resort in the City

Sterling Holiday Resorts has announced the launch of Sterling Hibis Vellore, a 40-key resort spread across 5.3 acres off Tiruvannamalai Road. This marks Sterling’s debut in Vellore and its ninth property in Tamil Nadu. Positioned as a resort-style escape within city limits, Sterling Hibis Vellore caters to pilgrims visiting Sripuram Golden Temple, families exploring Vellore Fort, medical and academic visitors to CMC and VIT, and corporates seeking retreats. Guests can also extend trips with nearby Sterling properties in Yelagiri and Tiruvannamalai. The resort features 36 Classic Ro..

TVS ILP’s Hosur Facility Powers Ather’s Festive Season Growth

TVS Industrial & Logistics Parks (TVS ILP) is enabling brands to meet festive season demand with Grade-A Built-To-Suit (BTS) facilities. Its Hosur park, home to Ather Energy’s largest EV manufacturing centre, has helped the company scale to a production rate of one vehicle every 0.46 seconds. As two-wheeler EVs gain momentum, supported by rising adoption in Tier II and III cities and the upcoming GST 2.0 reform, Ather recorded the second-highest EV sales in August. To support festive peaks, TVS ILP is expanding EV charging infrastructure, optimising space at the battery unit, ..