Builder–Buyer Disputes: What Can Homebuyers Do When Builders Fail to Deliver?
Builder–Buyer Disputes: What Can Homebuyers Do When Builders Fail to Deliver? Homebuyers Are Not Without Remedies Buying a home is often one of the largest financial commitments made by an individual or family. However, disputes frequently arise when developers fail to deliver possession within the promised period, demand amounts beyond the agreed consideration, alter the specifications of the project, delay execution of conveyance documents, or fail to provide promised amenities. The legal framework governing real-estate transactions in India provides several remedies to affected homebuyers. The Real Estate (Regulation and Development) Act, 2016 (RERA) was enacted with the objective of regulating the real-estate sector...
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