SLP(C) No. 013536 / 2015
PASCOAL D'SOUZA . vs HECTOR FARIA .
Status
DISPOSED
Order Date
16-07-2015
Filed On
30-03-2015 02:38 PM
casestatus.in Summary
In a decree for specific performance of an agreement to sell, where considerable time has elapsed between the execution of the agreement and the actual execution of the sale deed, the vendee may be directed to pay an enhanced consideration to the vendor to account for the substantial appreciation in market value of immovable property over that period. This principle, analysed on casestatus.in, balances equitable relief with the changed economic circumstances arising from delayed execution. A consent-based upward revision of agreed consideration is a permissible exercise of the court's jurisdiction in such matters.