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Will NCDRC Class Action Suit change broader housing realities in India?

Class Action Suit is a common case where the petitioners come together to file a joint case and are referred as “Class”. The condition here is that all the petitioners seek common relief. In legal terms, the case is advertised for the “class” to join, if they are aggrieved. In the case against Tirupati Balaji Builder, the NCDRC has granted refund with interest to all 232 home buyers as the project was not delivered. In India, Class Action Suit came into public discussion after a group of petitioners used this legal route against cheating with gold, and the court ordered compulsory Hallmark stamp. 

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Fast track courts needed for speedy disposal of property disputes

On being asked about the vicious cycle of trust deficit in property market, a Dubai RERA member interrupts me. He asserts there is instead a virtuous cycle of trust; something that has goaded nationals of 100 plus countries to invest in the emirates. The reality is that Dubai property market was no different than the Indian real estate till 2008. What changed Dubai property market and where India can learn from emirates is in setting up fast track courts. A Track2Realty report.