Introduction to the Real Estate Dispute
Legal disputes involving real estate developers and home buyers often highlight critical issues regarding transparency and contractual obligations in the housing sector. A notable case, Sachin Sharma versus M/S Futureworld Greenhomes Pvt. Ltd., adjudicated on October 12, 2026, brings to light specific grievances related to property investments in Uttar Pradesh.
Background and Builder Advertisements
In the year 2018, the real estate development firm M/s Futureworld Greenhomes Pvt. Ltd. launched promotional campaigns to attract prospective investors. The company advertised that it was actively engaged in developing two distinct real estate projects situated in Gautam Budh Nagar, Greater Noida, Uttar Pradesh. These promotional efforts were designed to encourage individuals to invest substantial sums of money into the proposed housing developments.
Execution of Flat Buyer Agreements
Trusting the representations made through these advertisements, the complainant decided to invest in the housing projects. Consequently, the investor entered into two separate formal flat buyer agreements with the development firm.
Details of the First Property Agreement
The first agreement between the parties was officially executed on December 26, 2018. Under the terms of this contract, the investor agreed to purchase a two-bedroom apartment. Specifically, this property was identified as Flat Number 1403 on the 14th floor of Tower Trance, located within the Rhythm County Complex in Greater Noida, Gautam Budhh Nagar, Uttar Pradesh. The apartment was specified to measure 1280 square feet, with a total agreed sale price of Rs. 43,52,000.
Details of the Second Property Agreement
Shortly after the first transaction, a second agreement was finalized. The second flat buyer agreement was executed on December 28, 2018. This transaction involved the purchase of a three-bedroom apartment, designated as Flat Number 1805 on the 18th floor of Tower Wing No. 1. This second residential unit featured a super area of 1395 square feet, carrying a total agreed sale price of Rs. 48,89,475.
Conclusion of the Preliminary Facts
These two formal commitments formed the foundation of the legal recourse pursued by the investor against the development company. The execution of multiple agreements for significant financial amounts underscores the complexities often encountered in property acquisition processes within the region.
