Cannot allow builders to fleece the middle-class: SC
The Hindu
Frame a model “model builder-buyer and agent-buyer” agreement to ensure fair play, it tells Centre
The Supreme Court on Monday told the Centre that builders cannot be allowed to fleece middle-class in need of a home.
The court highlighted to the Centre the dire need for “model builder-buyer and agent-buyer” agreements with uniform terms and conditions of sale and purchase of residential flats.
“There is a need for uniform rules or builders can put up whatever they want in their agreements and fleece the buyers. We are concerned about the middle-class home buyers,” Justice D.Y. Chandrachud addressed the Centre, represented by Solicitor General Tushar Mehta.
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