Supreme Court cautions courts on property disputes amid soaring prices

Supreme Court cautions courts on property disputes amid soaring prices

• Observes real estate agreements should be interpreted in light of economic realities • Rules buyer missing payment deadline cannot seek specific performance • Verdict upholds LHC decision dismissing purchaser’s suit ISLAMABAD: The Supreme Court has sounded a note of caution for lower courts while adjudicating property disputes, highlighting that unlike a bygone era when real estate values appreciated at a snail’s pace, the contemporary reality…