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Dec 07, 2017
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Bombay High Court upholds constitutional validity of RERA
In a relief to homebuyers, the Bombay High Court upheld the constitutional validity of the Real Estate (Regulation and Development) Act, 2016 and the authority formed under it. Pronouncing its judgment on a bunch of petitions filed by the developers and individual plot owners, a bench comprising Justice Naresh Patil and Justice Rajesh Ketkar said that after “having a careful scrutiny of the relevant provisions we have harmoniously construed the provisions, and hold them to be constitutionally valid and legal”. The court has, however, permitted the RERA Authority to grant extension of time to developers for completion of projects on a case-by-case basis.
Source -
http://www.financialexpress.com
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