Relief for home buyers, SC grants exemption to Unitech housing projects from RERA registration

Relief for Home Buyers: SC Grants Exemption to Unitech Housing Projects from RERA Registration: The Supreme Court granted relief to home buyers by exempting Unitech’s housing projects from registration under the Real Estate (Regulation and Development) Act (RERA). The exemption was granted on the grounds of a settlement agreement between Unitech and the buyers. The decision brings clarity to a long-standing legal issue involving delayed possession and non-compliance with RERA requirements. Homebuyers expressed satisfaction with the ruling, which allows for a resolution of their grievances, especially regarding project delays and compensation.