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Supreme Court Limits Forfeiture in Real Estate Contracts, Declares 20% BSP Deduction Excessive—”Unfair and One-Sided Agreements Cannot Disadvantage Homebuyers”
Court’s Decision The Supreme Court of India partially upheld the decision of the National Consumer Disputes Redressal Commission (NCDRC), ruling that forfeiture of 20% of the Basic Sale Price (BSP)…
