GODREJ LIMITED v. ANIL KARLEKAR
Supreme Court of IndiaC.A. NO. 003334 - 2023Bench: Justice B.R. Gavai, Justice S.V.N. Bhatti
The Supreme Court of India held that the developer was entitled to forfeit 20% of the basic sale price (BSP) as the earnest money deposit under the terms of the agreement with the apartment buyers.