Can't give death penalty for corruption, says SC on misconduct of builders
"We cannot give capital punishment for corruption," a peeved Supreme Court said Wednesday while referring to the "misconduct" of realtors in cheating lakhs of people across the country.
The top court said builders, in connivance with authorities and banks, have flouted norms and constructed sky scrappers side by side across India.
It pulled up the Noida and Greater Noida authorities and banks for turning a blind eye towards irregularities committed by the builders including Amrapali Group.
A bench of Justices Arun Mishra and U U Lalit, hearing a batch of petitions filed by home buyers who are seeking possession of around 42,000 flats booked in projects of the Amrapali Group, told the authorities that their timely actions could have saved several projects.
"We know what kind of corruption is going on in real estate sector and how officials have benefitted in connivance with the builders. There are blatant violations of norms. Public and their trust are cheated at large.
"This mass ...