Pioneer Urban Land And Infrastructure ... vs Union Of India

The Supreme Court addressed multiple writ petitions concerning the interpretation of the Real Estate (Regulation and Development) Act, 2016, specifically focusing on the rights of homebuyers and the obligations of builders. The Court held that builders must adhere to the timelines stipulated in the agreements and that homebuyers are entitled to timely possession of their properties. The judgment emphasized the need for regulatory compliance to protect consumer interests under the Act, reinforcing the principle that consumer rights must be safeguarded in real estate transactions.