Homebuyers

Use slowdown in housing sales to negotiate a better property deal

Compare nearby projects, negotiate the overall deal and not just the base price, and choose developers with strong delivery records to secure better value

IBBI proposes wide-ranging realty reforms with a focus on homebuyers

IBBI has proposed project-wise real estate insolvency reforms to prioritise housing completion, protect homebuyers and reduce liquidations under the IBC

Delayed home handover? Don't waive your right to seek compensation

If you must sign to get possession from the developer, record in writing that you are accepting possession without prejudice to your right to seek compensation

SC allows homebuyers to seek compensation for delay after taking possession

The Supreme Court has said that a homebuyer can seek adjudication of his claim for compensation for the delay in delivery of the flat even after getting its possession. The apex court set aside a 2016 order of the National Consumer Disputes Redressal Commission (NCDRC), which said that the appellant was not a consumer at the time of filing his complaint alleging a deficiency in service on account of the delay in handing over the possession of the flat, since he had already taken its possession without protest. A bench of Justices Vikram Nath and V Mohana passed the order on a plea by a homebuyer, who became a member of a cooperative group housing society in Delhi in January 2003 and was allotted a flat, challenging the NCDRC's order. The top court observed that a claim for compensation for delayed possession necessarily arises from the period prior to the actual delivery of possession. "The subsequent receipt of possession cannot, by itself, extinguish the right of the allottee to

This ₹2,004 crore real estate scam has left 19,000 home buyers stranded

Invested in a delayed project? The Earth Infrastructure case offers a cautionary tale

ED raids Raheja Developers in money laundering case over fraud with buyers

The Enforcement Directorate on Saturday conducted fresh searches against real estate company Raheja Developers as part of a money laundering investigation linked to alleged fraud with home buyers. They said about seven premises in Delhi-NCR are being covered as part of the action. The searches are being conducted in the matter of alleged fraud with the home buyers and non delivery of flats in its project Raheja Revanta, as per the officials. The agency had raided the company in June 2025 as part of this probe.

Consumer protection: Flat buyers' rights must not be scuttled by financiers

Seldom do courts take cognizance of Section 9 of the Maharashtra Ownership Flats Act, which says that if a mortgage is created, it shall not affect the buyer's rights

Women buying homes priced above ₹90 lakh jumps to 61%, says Anarock

Share of women seeking homes priced above Rs 90 lakh rose to 61 per cent in 2025 from 25 per cent in 2019, signalling stronger participation in India's high-value property market

IBBI mandates listing all homebuyers in a firm's information memorandum

IBBI has required information memoranda to include details of all homebuyers, even those who have not filed claims, and introduced reforms to strengthen valuation standards under the IBC

Regulatory reset: Strengthen Rera to protect homebuyers' interests

The Eco Survey 2025-26 notes quarterly average housing sales stood at 101,300 units up to Q2, compared to 81,600 in FY22-FY24, reflecting healthy demand and renewed confidence in the housing market

Union Budget 2026: What homebuyers must watch closely in this budget | Budget 2026 expectations

Buying a home in India is getting harder, not easier. Prices are up, EMIs are stretched, and “affordable housing” often isn’t affordable anymore.

Consumer Protection: Fit-out possession does not count as delivery of flat

The Chandigarh State Commission noted that obtaining both certificates - completion and occupation - is a must to make possession offer legally valid

Maintenance societies lack locus to join developer insolvency cases: SC

The Supreme Court on Thursday ruled that homebuyers' societies or Resident Welfare Associations (RWAs) ordinarily constituted for maintenance and management of common facilities in a housing project cannot intervene in the insolvency proceedings of the developer company. A bench of justices JB Pardiwala and R Mahdevan, which upheld the insolvency proceedings related to Takshashila Heights India Private Ltd under the Insolvency and Bankruptcy Code of 2016, said if creditors elect to invoke the provisions of the code, they must do so with a genuine willingness to pursue revival of the corporate debtor. It said, "Should revival not be their objective, the Code cannot be converted into a tool for expedient recovery; alternative statutory remedies, including under SARFAESI or other applicable laws, remain available in accordance with law." The bench upheld the rejection of intervention application by National Company Law Appellate Tribunal (NCLAT) of Elegna Co-operative Housing and ...

Homebuyers cannot execute decree against promoters without liability: SC

The Supreme Court has held that decrees passed only against real estate developers cannot be enforced against directors or promoters personally unless the original adjudication clearly establishes ind

MahaRERA issues SOP to fast-track compensation recovery for homebuyers

MahaRERA introduced a detailed SOP to ensure faster compensation recovery from developers, with strict timelines, stronger enforcement, and option of court action in cases of persistent non-compliance

Why former Jaypee Infratech MD was arrested in money laundering case

Manoj Gaur, who was accused of cheating multiple home buyers, was arrested under the Prevention of Money Laundering Act

ED, IBBI set new rules to ensure cheated homebuyers, banks get assets back

Assets of bankrupt companies and their promoters attached by the ED, under the anti-money laundering law, will now be restored to the affected parties, such as banks or home buyers, following the finalisation of a new standard operating procedure, the federal probe agency said on Wednesday. The Insolvency and Bankruptcy Board of India (IBBI) issued a circular in this context on November 4, following "multiple rounds" of coordination meetings between its officials and the investigators of the Enforcement Directorate (ED). As a result of this coordinated approach, the agency said in a statement, a "standard undertaking" will be filed by Insolvency Professionals (IPs) before the special PMLA court to release the assets from ED's attachment and offer them for restitution or restoration to the creditors. Currently, in several insolvency cases, the assets of the corporate debtor were under PMLA attachment, which "restricted" their use in the resolution process. To address this issue, th

Stars and numbers guide luxury homebuyers as well, say developers

Developers say even the most globally exposed buyers see the practice less as a superstition and more as symbolic alignment

Occupancy certificate delay: Buyers entitled to refund with interest

Buyers should turn to RERA or consumer forum to seek redress

Supreme Court allows CBI to file 6 more cases in homebuyers' fraud probe

A three-judge Bench of Justices Surya Kant, Ujjal Bhuyan, and N K Singh passed the order after Additional Solicitor General (ASG) Aishwarya Bhati, appearing for the CBI