The Supreme Court expressed unease on Friday over the escalating volume of real-estate disputes, particularly those involving homebuyers in Delhi-NCR and redevelopment projects in Mumbai, observing that the trend is tarnishing the reputation of builders and the industry as a whole.
A bench of Justices J B Pardiwala and P B Varale, hearing a dispute related to the redevelopment of a Mumbai housing society, pointed to the severity of the problem in the country’s two largest real-estate hubs.
According to the bench, the scope of litigation in the sector is so widespread in Delhi-NCR and Mumbai that it stands out in comparison with other states. The court added that such concerns do not typically arise elsewhere.
“This problem of real estate is very severe in these two places. In Delhi-NCR,

LawTrend

The Economy Times Industry
The Times of India
Bhaskar English
The Hindu
DT Next
Bar & Bench
The List
NBC News