Homebuyers within the nation are being defrauded, necessitating the necessity to carry uniformity in builder-buyer agreements, the Supreme Court noticed on Monday. “Patrons are being defrauded by builders all throughout and that’s the reason the necessity for uniformity now,” a bench of Chief Justice DY Chandrachud, Justice JB Pardiwala and Justice Manoj Misra mentioned.

The highest courtroom was listening to a PIL filed by lawyer Ashwini Upadhyay in 2021, saying a mannequin settlement was required to make sure transparency and equity and to restrain builders and brokers from indulging in unfair and restrictive commerce practices.

Senior advocate Devashish Bharuka, aiding the bench as an amicus curiae, informed the bench {that a} remaining standing report together with draft builder-buyer agreements had been positioned on document.

It was additionally submitted that options of states had been obtained and included.

The bench mentioned it might peruse the report of the amicus curiae and the objections to it.

Earlier, the bench had allowed the stakeholders, together with trade associations, to furnish their options on these mannequin agreements to the Union Ministry of Housing and City Affairs.

The bench has posted the matter for listening to on July 19.