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HOMEBUYERS RELIEF
Booked flat for Rs 24 lakh in 2010, paid Rs 40 lakh over time, still no possession in 2026; homebuyers awarded full refund and Rs 2.5 lakh compensation eachThe case dates back to 2010 when the two homebuyers had made bookings for 3BHK flats in a housing society project initially proposed in Noi...- Booked flats in 2005, still awaiting possession: Builder ordered to pay 10.05% interest to homebuyers for nearly 20-year delayThe Bombay High Court, in its ruling, said a builder can’t indefinitely retain purchasers’ money while failing to deliver homes. For the de...
- Property buyers alert: Verify carpet area on UPRERA portal and don’t buy apartment on the basis of super area, advises UPRERA AuthorityUP RERA is strongly advising homebuyers to purchase properties based on carpet area, not super built-up area. This ensures buyers pay only ...
- Builder delayed possession and charged Rs 75 lakh extra on the basis of super area instead of carpet area; homebuyers partly win case in Punjab RERA for delayed possessionHomebuyers in Amritsar received partial victory from Punjab RERA regarding delayed possession. The authority ordered the builder to pay int...
- Construction costs up 25% since global conflicts began, developers flag material shortages: CREDAIConstruction costs have surged over 25 percent due to global conflicts. Supply chain issues, labor shortages, and rising material prices ar...
- UP RERA new advisory: 6 key checks homebuyers should do before purchasing propertyThe Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has issued a crucial advisory for homebuyers, detailing six essential checks be...
- ATS Nobility Estates exits insolvencyThe National Company Law Tribunal has permitted the withdrawal of insolvency proceedings against ATS Group's Nobility Estates. This decisio...
- Now homeowners can file online complaint against builders for illegal transfer charges in Uttar Pradesh; Step-by-step guide on how to do itHomeowners in Uttar Pradesh can now file online complaints against builders for illegal transfer charges. UP-RERA has activated a new mecha...
- Alpha Corp to take over three stuck projects following Supreme Court approvalThe Supreme Court has revived Alpha Corp's plan to complete three stalled projects of Earth Infrastructures. This decision offers hope to o...
- 30-year mortgage rates hitting 6.30%: why they’re rising now, and will they climb further - here’s the 2026 mortgage rate and housing market forecastMortgage rate forecast: 30-year mortgage rates have climbed to 6.30%, signaling fresh pressure on the 2026 housing market. Rising Treasury ...
- Big win for homebuyers after 10-year wait: Haryana RERA directs Gurugram-based builder to pay 10.80% interestHRERA, in its April 7 order, ruled in favour of two allottees who had lodged a complaint against M/s KNS Infracon Pvt Ltd and its associate...
- County Group's rescue drive in Gurgaon to unlock Rs 4,000 crore potentialCounty Group has acquired two stalled housing projects in Gurgaon. This move brings relief to nearly 400 homebuyers who have been waiting f...
- US housing market faces volatility despite decline in mortgage ratesUS mortgage rates fell for a third straight week, with the 30-year fixed rate easing to 6.23%, its lowest since mid-March. Declining Treasu...
- Are mortgage interest rates and FHA loan rates finally dropping or staying high? Mortgage rates in the USA hit 6.1% on April 23, 2026— what homebuyers need to know nowMortgage and refinance interest rates today, April 23, 2026, hold steady near 6.10% for 30-year fixed loans. Mortgage interest rates are ea...
- Big relief for homebuyers: UP RERA caps builder fees on these flat transfers, know how it will applyUttar Pradesh RERA has capped processing fees for flat transfers, offering significant relief to homeowners. Builders can now charge a maxi...
- What’s happening with mortgage rate right now— should you lock before the April Fed meeting or wait for lower home loan rates?Mortgage rates today are hovering near 6.3%. That is a sharp jump from around 5.7% just weeks ago. The market is moving fast. Buyers are fe...
- Max Estates FY26 pre-sales dip slightly to Rs 5,305 crore as realty growth stays flatMax Estates reported Rs 5,305 crore in pre-sales for FY26, a slight dip from the previous year, with the real estate sector's growth remain...
- Bombay HC upholds homebuyers' right to withdraw builder's deposit during appeal; How will this speed up refund on delayed projects?In a significant ruling for the real estate sector, the Bombay High Court has affirmed that homebuyers can withdraw amounts deposited by bu...
- Possession delay: MahaREAT asked homebuyer to pay Rs 13 lakh interest to builder despite 2.5 years delay in delivery of Rs 1.65 crore apartmentA Mumbai homebuyer will pay Rs 13 lakh net interest to a builder after deduction of his interest payment from the builder. The builder must...
- Tax relief for homebuyers, developersThe government has decided to increase the differential from 10% to 20% under Section 43CA of Income Tax Act. This will be applicable on pr...
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