Supreme Court clarifies provisions of RERA, 2016 to protect homebuyers

Published On: 18/01/2022

Practice Area: Real Estate


The Hon’ble Supreme Court of India in the case of M/s. Newtech Promoters and Developers Pvt. Ltd. Vs. State of UP & Ors. affirmed the provision of Section 43(5) of the Real Estate (Regulation and Development) Act, 2016 (“the Act”) in relation to the requirement of depositing an amount prior to filing an appeal and clarified with regards certain inconsistencies within various provisions of the Act. INDUSLAW's Avikshit Moral and Nikita Bhosle examine this judgement and its implications on homebuyers in India.