Odisha Real Estate Appellate Tribunal upholds homebuyers’ rights in real estate dispute
Odisha Real Estate Appellate Tribunal has dismissed a public sector bank's plea to auction a stalled housing project. The tribunal ruled the bank, after taking possession under SARFAESI Act, stepped into the promoter's shoes and must cooperate in project completion. Buyers, who invested over a decade ago, expressed relief.
Odisha Real Estate Appellate Tribunal has dismissed a public sector bank's plea to auction a stalled housing project. The tribunal ruled the bank, after taking possession under SARFAESI Act, stepped into the promoter's shoes and must cooperate in project completion. Buyers, who invested over a decade ago, expressed relief.
