Parsvnath SC Orders: A Turning Point for Real Estate Accountability
India ' s real estate market has for years been plagued by project delays, promises unkept , and overall lack of accountability. Homebuyers were left high and dry —financially and emotionally—after they had invested in homes that never materialized on time, or indeed sometimes ever . But the tide has recently turned , largely due to intervention by India' s highest court. One of the greatest landmarks has been the Supreme Court decisions in Parsvnath Developers ' cases , one of the major names in Indian real estate. The judgments did not only clear individual cases — these judgments transformed the larger real estate...