The move is aimed at informing homebuyers so that they can make an informed choice. However, details will be put up of only those builders who have not paid up their dues despite repeated notices.

Experts say that it can be a feasible alternative to loans and EMI, if you plan your finances right.

The additional liquidity support to be provided by the National Housing Bank (NHB) will help the real estate sector which is facing a demand slowdown and cash crunch.

Tata Realty and Infrastructure Ltd (TRIL) will buy commercial projects in Pune, Bengaluru and Chennai to build information technology (IT) parks of around 12 million sq. ft at these locations.

Real estate firm Puravankara Ltd has planned bumper project launches this financial year, mainly from its affordable housing arm Provident Housing Ltd, which launched its first project in Chennai exactly a decade ago.

The Supreme Court of India delivered its landmark judgment in the Insolvency & Bankruptcy Code (IBC) case reaffirming the rights of homebuyers which was challenged by a consortium of builders.

The Greater Noida authority did not disclose the names of the builders who will be deregistered or face recovery notices.

House prices rose 0.6% year-on-year after a 0.3% rise in July, a report said.

In total, seven cases of Supertech, one each from APV Realty, Gaursons Promoters, Strategic Developers and Mahagun were amicably resolved, RERA said in a statement.

A two-member principal bench, headed by President Justice M M Kumar, admitted a plea filed by five flat buyers who had booked homes in the company’s Lotus Zing project in Noida, Uttar Pradesh.

The Supreme Court has upheld the ability of homebuyers to take real estate developers into bankruptcy proceedings. Homebuyers now share equal rights of recovery in the developer’s assets.

Failing to deduct TDS from an NRI landlord can also attract a penalty equal to tax not deducted under Section 271C of the Act

According to JLL data, the real estate firms of Delhi-NCR are biggest defaulters as their contribution in delayed housing units accounts for 71% in volume and 56% in value terms. Kolkata has the least number of delayed units at 384 worth Rs 288 crore.

Amid a slump in the Indian property market, many expect international investment in warehousing and commercial real-estate to be a key driver. The advantage - foreign firms are in for the long haul