Strengthening legal diligence in mortgage lending is crucial for ensuring secure transactions. The Supreme Court's recommendations in Prabha Jain emphasize the need for standardized Title Search Reports (TSRs), liability frameworks, and enhanced scrutiny to mitigate risks in property-based lending.

Forfeiture Of Advance Payments By Developers The Maharashtra Real Estate Appellate Tribunal (“MREAT”) has passed an order dated August 13, 2024 (“Order”)1 pursuant to which it has been held that a...