News

Now Litigation Can Be Affordable By Homebuyers: Supreme Court

Homebuyers usually show reluctance in taking legal action against the builders as there are very high expenses in litigation for homebuyers. In such cases the homebuyers can be deprived of the justice. To prevent this injustice Supreme Court has recently set up a Middle Income Group Legal Aid Society. It brings down the legal expenses by 70%-80% for middleclass homebuyers who have an income of 7.5 lakhs per annum.

An individual just has to pay Rs.500 and Rs.700 as service charge and admission fees respectively. After this, he has to fill up the names of any three lawyers who are a part of this society and are willing to fight the case for him/her. These lawyers cannot charge more than Rs.14000 as their fees for fighting the case.

This is the first time that the middle class are applicable for legal aid, as earlier only poor were applicable for it. Middle Income Group Legal Aid Society has been formed as the supreme court has realized that it is difficult even for the middle class buyers to afford the high costs involved in litigation and everybody has the right to fight for justice.

When an individual will file a petition, the advocate will comprehend the case to decide if the case is appropriate to go to the Supreme Court. If the advocate seems irresponsible regarding the case, he will have to return the fees to the applicant along with the briefing. The name of advocate will also be removed from the list of legal panel of lawyers.

A real estate regulator should also be executed by the government in an organised manner so that the disputes and issues of homebuyers are resolved.

The formation of Middle Income Group Legal Aid Society is a very helpful and wise step in the favour of middle class but the only challenge that can come up is the negligence of the lawyers towards the cases of this society in comparison to the his regular cases.

Team iPropUnited

Share
Published by
Team iPropUnited
Tags News

Recent Posts

Maha RERA directs Godrej Properties to refund the booking amount for a project initiated before RERA regulations.

The regulator determined that the project was ongoing when the real estate law came into…

3 days ago

The Importance of Due Diligence Before Purchasing Property

Due Diligence Before Purchasing Property, Due diligence is an essential step in any real estate…

7 days ago

Embassy Real Estate Investment Trust (REIT) has appointed Ritwik Bhattacharjee as the interim CEO.

This follows a SEBI order on November 4 directing Embassy REIT to suspend Aravind Maiya…

1 week ago

Macrotech acquires Bain Capital’s stake in three digital infrastructure entities for ₹307 crore.

Previously, Macrotech also acquired real estate firm Ivanhoe Cambridge's stake in the three entities, aligning…

2 weeks ago

Benefits of LEED-Certified Buildings for Investors and Tenants

LEED (Leadership in Energy and Environmental Design) certification has become a prestigious standard in the…

2 weeks ago

QIP issuances by real estate developers reached ₹12,801 crore from January to September 2024, marking the second-highest amount after the renewable energy sector

From January to September 2024, QIP issuances across all sectors totaled ₹75,923 crore, with real…

2 weeks ago

This website uses cookies.