Homebuyers can't be left at mercy of builders: SC

The Supreme Court on Monday issued notice to the Centre seeking a framing of a model builder-buyer agreement and agent-buyer agreement in real estate sector as envisaged under Real Estate Regulatory Authority (RERA). The apex court said that it it would help protect home/flat buyers from being exploited by builders. "Uniform builder-buyer agreement is require to be framed by Centre to protect interests of lakhs of home buyers," the Supreme Court said.

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