Homebuyers

Bigger homes gain favour as Indian buyers move higher up the price ladder

Anarock survey shows 3BHKs account for 48% of buyer preferences, while demand is increasingly shifting towards homes priced between Rs 90 lakh and Rs 1.5 crore

RERA enforcement failures leave 2.7 mn homebuyers with delayed projects

Homebuyers' body FPCE on Wednesday said real estate regulatory authorities in states have failed to properly implement realty law RERA and pointed out that an estimated 27.6 lakh homebuyers are stuck with delayed projects across the country. On the completion of ten years of the Real Estate (Regulation and Development) Act, 2016 (RERA), the Forum For People's Collective Efforts (FPCE) has come out with a 192-page report 'RERA Extension Abuse: How Regulatory Failure Is Betraying India's Homebuyers'. Parliament enacted the Act to regulate the contractual relationship between homebuyers and promoters. The RERA aims to ensure transparency and accountability in the real estate sector, thereby protecting the interests of homebuyers. In its report, FPCE President Abhay Upadhyay said, "RERA has not failed as a statute. Its enforcement has. And when enforcement weakens, even the strongest law fails in practice." Based on Ministry of Housing and Urban Affairs' RERA Tracker data (March 2, 202

Homebuyers can't be penalised for developer's default: Supreme Court

The top court was hearing a plea by homebuyers of Noida's Lotus Boulevard and Lotus Panache projects, developed by Granite Gate Properties Private Limited, who challenged a July 2025 NCLAT order

Gulf turmoil sends NRI homebuyers back to India amid luxury housing demand

Amid Gulf turmoil, NRIs are showing renewed interest in India's premium housing market, with developers reporting stronger demand for luxury homes in key cities

Buying property? Check rental yield to avoid overpaying, assess fair value

Besides a high current yield, it is also crucial to assess whether it will sustain

Supertech twin towers: SC defers hearing on plea seeking refund for buyers

The Supreme Court on Thursday deferred by three months the hearing on a plea seeking refund to homebuyers of the now-razed twin-towers of real estate firm Supertech in Noida. A bench comprising Chief Justice Surya Kant and justices Joymalya Bagchi and V Mohana took note of the submissions that efforts were on to satisfy the claim of the homebuyers, who have not opted for alternative allotment. The bench deferred the hearing after it was told that three months' time be given to explore other options to satisfy the claims of the homebuyers. A lawyer, representing a few homebuyers, said they are not getting the refund and the last payment was made way back in 2024. Earlier, the top court had said homebuyers of the now-razed twin-towers will be refunded on a pro-rata basis from the amount deposited by the Interim Resolution Professional (IRP). The real estate company is facing insolvency proceedings under the IBC. The twin-towers at Emerald Court Project in Sector 93A of Noida were pu

Home affordability holds in 6 of top 8 Indian cities; Mumbai, NCR lag

Knight Frank says lower borrowing costs following RBI's 125-basis-point repo rate cuts supported affordability in H1 2026, though MMR and NCR remained above the affordability threshold

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 ...