Supreme Court of India · 2021-11-11
M/S NEWTECH PROMOTERS AND DEVELOPERS PVT LTD. vs THE STATE OF UTTAR PRADESH
- Citation / case number
- SC 2021/5013
- Court
- Supreme Court of India
- Petitioner
- M/S NEWTECH PROMOTERS AND DEVELOPERS PVT LTD.
- Respondent
- THE STATE OF UTTAR PRADESH
- Author
- HON'BLE MR. JUSTICE AJAY RASTOGI
- Bench
- HON'BLE MR. JUSTICE ABHAY S. OKA HON'BLE MR. JUSTICE AJAY RASTOGI
Judgment text excerpt
The Supreme Court addressed appeals by real estate developers challenging provisions of the Real Estate (Regulation and Development) Act, 2016, and related Uttar Pradesh rules. The court emphasized the importance of protecting home buyers' interests and the need for regulatory compliance by developers. The judgment upheld the validity of the Act and the authority of the Uttar Pradesh Real Estate Regulatory Authority, reinforcing the rights of allottees in real estate transactions.