Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Model builder buyer agreement to protect home buyers soon, Centre to SC

IANS
Updated: October 6th, 2022, 19:17 IST
in Home News, National
0
Representational image

Representational image

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: The Centre has told the Supreme Court that it would develop a model builder buyer for sale containing ‘core’ clauses in consonance with the mandatory provisions of the Real Estate (Regulation and Development) Act 2016, for the protection of home buyers.

A bench of Justices D.Y. Chandrachud and Hima Kohli noted the suggestion brought on record by Additional Solicitor General Aishwarya Bhati, representing the Centre, and advocate Devashish Bharuka, who is amicus curiae in the matter.

Also Read

Parliamentary Panel

Lok Sabha nod to Bill for repealing or amending 71 laws

10 hours ago

National Herald case: ED to to file fresh charge sheet against Gandhis, takes cognisance of Delhi Police FIR

11 hours ago

In its order, the apex court noted the ASG and the amicus curiae, have suggested the following road map: “(i) Based upon the responses, the Central Government along with the amicus curiae would prepare a model agreement for sale containing – Part A: ‘Core’ clauses in consonance with the mandatory provisions of the Real Estate (Regulation and Development) Act 2016, for the protection of the home buyers. These clauses cannot be altered by any State/UT and must necessarily be a part of every agreement for sale.”

The bench noted that the model agreement for sale would be submitted for consideration and for its approval. “The states/UTs shall then incorporate in the agreement for sale. Part B: Additional clauses based on individual needs and exigencies of each State/UT as permissible within the scheme of the 2016 Act. However, these clauses must not be contrary to or dilute in any manner the clauses in Part ‘A’,” it said.

The Centre’s response came on a plea filed by advocate Ashwini Upadhyay seeking a direction to protect home buyers from exploitative practices adopted by the real estate developers. The plea sought a direction to the Centre to frame model builder-buyer and agent-buyer agreements to ensure uniformity across the country.

The apex court noted that 11 state governments have not filed their replies in the matter, while 13 states and two Union Territories have filed their responses so far. Responses from Andhra Pradesh, Chhattisgarh, Gujarat, Jharkhand, Madhya Pradesh, Maharashtra, Manipur, Mizoram, Odisha, Uttar Pradesh, and West Bengal are awaited.

“The states which have not filed their responses shall do so positively within a period of four weeks from today, failing which the Principal Secretaries of the State Government in the Ministry of Urban Development/Affairs shall personally remain present before this court on the next date of hearing to explain as to why they should not be proceeded with under the coercive arm of law,” said the apex court.

It added that the copy of the present order shall be communicated by the Secretary in the Ministry of Housing and Urban Affairs to their counterparts in the above 11 states which are yet to submit their responses.

The top court has scheduled the matter for further hearing on November 28.

IANS 

Tags: HousingreraSupreme Court
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
Lionel Messi
#MyPaperBagChallenge

Lionel Messi arrives in Mumbai for day two of ‘GOAT Tour’

Mumbai: Football icon Lionel Messi arrived in Mumbai around noon under "World Cup level" security measures Sunday, marking the second ...

December 14, 2025
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019

Archives

Editorial

Jail Diary

December 16, 2025

It is not a bad idea, it appears, if top-notch politicians get incarcerated, at least for some days, so as...

Read moreDetails

Left Out

Left Out
December 15, 2025

The United States on 11 December unveiled a new strategic initiative ‘Pax Silica’ aimed at building a secure and trusted...

Read moreDetails

Governance Illusion

December 14, 2025

Governance is hard and good governance, meaning efficient and effective governance, is harder. Optics is a poor substitute for outcomes,...

Read moreDetails

Unforgiving Skies

Silent Shift
December 13, 2025

By Dilip Cherian   The IndiGo incident has once again reminded us of something we often overlook: India operates one...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST