SC: Homebuyer seeking refund can't ask builder to reimburse loan interest

The Supreme Court has ruled that homebuyers seeking refunds for project delays are not entitled to reimbursement for home loan interest paid. The court clarified that developers are only obligated to refund the principal amount and compensate with interest as per the agreement.
|
||||
💡 newsR Knowledge: Other News Mentions
|
Contempt proceedings against cops 6 years after incident stayed by Supreme CourtThe Supreme Court has halted contempt proceedings initiated by the Calcutta High Court against seven police officers, including three IPS officers, concerning a...IndiaTimes |
'Thug Life' row: Supreme Court rebukes Karnataka High CourtThe Supreme Court has strongly criticized the Karnataka High Court. This is regarding its suggestion for Kamal Haasan to apologize for his remarks. The remarks...IndiaTimes |
‘Khula’ a right but court must process it, not muftis: Telangana HC strikes down sharia council divorce; asserts judicial oversightThe Telangana High Court has affirmed that 'khula,' a divorce initiated by Muslim women, is legal but requires court processing for validity. This ruling...IndiaTimes |