Homebuyers stuck with delayed possession can’t legally stop paying EMIs—but recent court rulings now offer relief. Builders can’t forfeit payments if they delay possession, and banks must pause EMI recovery in builder-bank collusion cases.
About The Author
Advocate, Supreme Court of India
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RERA often failed to protect homebuyers in disputes involving banks, but SC has now ruled banks fall under RERA if they act under SARFAESI. This ensures homebuyers’ rights take precedence.
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Many avoid writing a proper Will, causing property disputes. SC now ensures daughters inherit equally if a Hindu father dies without a Will. Writing a legal, customized Will avoids future conflicts.
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Ancestral property is inherited over four generations and cannot be willed or sold without consent. Daughters now have equal rights. Rules vary across religions; only Hindus have birth-based rights.
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