CASE TITLE : Greater Mohali Area Development Authority (GMADA) v. Anupam Garg & Ors.
In a notable ruling shaping the rights of homebuyers and the liabilities of real estate developers, the Supreme Court has clarified that while developers must refund the principal amount with interest to aggrieved homebuyers in cases of delay or non-delivery, they cannot be held liable for paying interest on the personal loans taken by buyers to finance their homes
