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  • What home buying means across generations Jan 13, 2020 01:05 PM IST

    What home buying means across generations

    The idea of a home means different things to different generations - For Gen X it means a physical space but for Gen Z it is all about location and access

  • Builder not giving possession? This SBI scheme may help you get your money back Jan 09, 2020 07:36 PM IST

    Builder not giving possession? This SBI scheme may help you get your money back

    The scheme is only available to buyers who have taken a home loan from SBI for the projects identified and eligible for the bank guarantee.

  • SBI to refund homebuyers if builder delays project Jan 09, 2020 08:48 AM IST

    SBI to refund homebuyers if builder delays project

    The scheme which will begin from 10 cities, and include affordable housing projects priced up to Rs 2.50 crore.

  • Homebuyers challenge IBC amendment dealing with minimum requirement to initiate insolvency against developer Jan 06, 2020 07:37 PM IST

    Homebuyers challenge IBC amendment dealing with minimum requirement to initiate insolvency against developer

    Threshold of 100 homebuyers against ‘fundamental rights guaranteed in the Constitution,’ buyers said.

  • Will the SBI rate cut push property sales in 2020? Jan 02, 2020 05:17 PM IST

    Will the SBI rate cut push property sales in 2020?

    A loan of Rs 40 lakh for 20 years at a rate of 8.45% accrues an interest payable of Rs 43 lakh. A 25 basis points reduction brings down the interest payable to Rs 41.5 lakh. This means savings of Rs 1.5 lakh.

  • Real estate in 2019: A look at 10 game- changing regulatory decisions Dec 31, 2019 01:50 PM IST

    Real estate in 2019: A look at 10 game- changing regulatory decisions

    2019 was a year of 'recovery and recuperation'. Regulatory seeds sown this year are expected to bear fruits in 2020.

  • Decoding IBC and its role in India's real estate landscape Dec 27, 2019 02:28 PM IST

    Decoding IBC and its role in India's real estate landscape

    After getting off to a rocky start, can the Insolvency and Bankruptcy Code, 2016 and the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019 secure investors who are stuck with non-performing real estate projects?

  • Price gap between ready and under-construction homes shrinks to 3-7% in 2019 Dec 17, 2019 04:08 PM IST

    Price gap between ready and under-construction homes shrinks to 3-7% in 2019

    This could be because real estate developers are reluctant to hike prices of ready properties due to the prevailing slowdown in the property market and fear that it would dampen homebuyer sentiment

  • Exclusive | Around 400 applications filed for last mile funding for real estate projects: Sources Dec 17, 2019 10:26 AM IST

    Exclusive | Around 400 applications filed for last mile funding for real estate projects: Sources

    Disbursement for stalled projects may take place by the end of this month, sources said

  • SC seeks response from Centre on time needed to process Amrapali Group's application for funding from stressed asset fund Dec 16, 2019 10:26 PM IST

    SC seeks response from Centre on time needed to process Amrapali Group's application for funding from stressed asset fund

    SC directs NBCC to fast track completion of category-A projects of Amrapali; Next date of hearing is January 10

  • Jaypee insolvency case | Homebuyers, banks vote in favour of NBCC Dec 16, 2019 06:42 PM IST

    Jaypee insolvency case | Homebuyers, banks vote in favour of NBCC

    Some take a cautious approach and vote for both Suraksha Realty and NBCC

  • IBC Amendment Bill 2019: Developers happy but homebuyers say things more difficult now for them Dec 11, 2019 10:36 PM IST

    IBC Amendment Bill 2019: Developers happy but homebuyers say things more difficult now for them

    For the real estate sector, the IBC Amendment Bill 2019 stipulates that insolvency action can be initiated only if 10 percent or 100 homebuyers (whichever is lower) or debenture holders agree to the move.

  • Consumer court orders realtors to refund principal of over Rs 1.5 crore to buyers with interest Dec 10, 2019 03:34 PM IST

    Consumer court orders realtors to refund principal of over Rs 1.5 crore to buyers with interest

    NCDRC orders 3Cs and Orris Infrastructure to make the payments within 45 days

  • Jaypee Infratech case: NBCC, Suraksha Realty submit final bids Dec 03, 2019 10:08 PM IST

    Jaypee Infratech case: NBCC, Suraksha Realty submit final bids

    NBCC in its final bid has offered 1,526 acres of land to lenders as against its earlier proposal of 1,426 acres; Suraksha Realty proposes 2,220 acres of land worth Rs 9,800 crore under the land-debt swap deal

  • Relief for homebuyers, developers after UP Govt’s relief package for nearly 1 lakh units stuck in litigation Dec 03, 2019 09:54 PM IST

    Relief for homebuyers, developers after UP Govt’s relief package for nearly 1 lakh units stuck in litigation

    Zero period for builders whose projects are stuck in litigation. Benefit only for  developers who provide written assurance that they would complete housing units by June 30, 2021

  • Amrapali case: SC directs homebuyers to deposit pending amount by Jan 31, 2020 Dec 02, 2019 10:23 PM IST

    Amrapali case: SC directs homebuyers to deposit pending amount by Jan 31, 2020

    Instructions sought on whether a part of the Rs 25,000 crore stressed fund can be utilized to complete Amrapali projects; Next date of hearing is December 13.  

  • Jaypee Infratech case: NBCC may offer 10% more land to lenders Dec 02, 2019 12:56 PM IST

    Jaypee Infratech case: NBCC may offer 10% more land to lenders

    Suraksha may increase amount promised as compensation for delay; may hand over 250 towers in three years to buyers.

  • Jaypee Infratech lenders demand more land, debt-free Yamuna Expressway from NBCC: sources Nov 28, 2019 08:16 PM IST

    Jaypee Infratech lenders demand more land, debt-free Yamuna Expressway from NBCC: sources

    Buyers demand delay compensation; Bidders asked to submit revised final proposals by December 3

  • Why homebuyers want NBCC and not Suraksha to take over Jaypee projects Nov 22, 2019 06:51 PM IST

    Why homebuyers want NBCC and not Suraksha to take over Jaypee projects

    Want a forensic audit into the affairs of JIL since its inception, NBCC must pay a delay compensation under RERA norms and that no private service provider’s portal be used for voting

  • Lenders of Jaypee Infratech may start voting on final bids by December 8: Sources Nov 22, 2019 12:31 PM IST

    Lenders of Jaypee Infratech may start voting on final bids by December 8: Sources

    The meeting of Jaypee Infratech's CoC to discuss queries on the interim plans submitted by NBCC and Suraksha Realty is expected to take place on November 28, sources said

  • Homebuyers write to PM, say builders' move to seek IBC tweak dilutes their rights Nov 20, 2019 09:38 PM IST

    Homebuyers write to PM, say builders' move to seek IBC tweak dilutes their rights

    Real estate is not the only sector with a regulator. Other regulators like RBI, IRDAI, TRAI, SEBI and the corporate entities who come under these regulators have not made any such demand, the letter said 

  • Jaypee Infratech case: Lenders to meet on November 28 Nov 18, 2019 12:06 PM IST

    Jaypee Infratech case: Lenders to meet on November 28

    Both NBCC and Suraksha promise to deliver flats to over 23,000 homebuyers within three to four years.

  • Jaypee Infra case: Homebuyers' representative asks IRP to include issue of forensic audit in CoC meet agenda Nov 15, 2019 04:41 PM IST

    Jaypee Infra case: Homebuyers' representative asks IRP to include issue of forensic audit in CoC meet agenda

    Says Jaypee buyers strongly believe that there are several instances that prove that their money was diverted and used for other purposes.

  • Issue of forensic audit of Jaypee Infratech must be taken up at next CoC meeting: Homebuyers Nov 13, 2019 02:49 PM IST

    Issue of forensic audit of Jaypee Infratech must be taken up at next CoC meeting: Homebuyers

    Lenders of debt-ridden Jaypee Infratech will meet on November 18 to take forward the process of insolvency resolution following the Supreme Court's directions on November 6.

  • Housing lifeline ticks the right boxes. Execution is key Nov 12, 2019 09:38 AM IST

    Housing lifeline ticks the right boxes. Execution is key

    Implementation of the funding package is going to be tricky and taxing, but an interesting and exciting journey

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