The Supreme Court ruled that homebuyers can approach consumer forums for compensation over delayed possession even after taking flat possession. The Court set aside the NCDRC order and held that arbitration clauses cannot prevent buyers from seeking remedies against real estate developers for deficient services.
The Supreme Court of India has ruled that real estate developers must obtain both a completion certificate and a fire safety clearance before offering possession of a flat, deeming it illegal to do otherwise. This landmark decision reinforces homebuyers’ rights by ensuring developers are accountable for securing all necessary approvals.
