HOMEBUYERS ASSOCIATION
Don’t wait till possession: 4 parking checks every homebuyer must do early
Homebuyers often face parking disputes after taking possession of their homes. Experts advise checking parking space dimensions, legal terms, and local bylaws before buying. Developers may squeeze parking areas due to utility spaces. Verify actual basement parking size and contractual agreements to prevent future conflicts. Parking is a legal and technical due diligence matter.
Gurgaon circle rates increases by up to 75% from April 2026; Sector 15 residential property rate can go up to 45% to Rs 1,24,700 per sq. yard; Check other sectors trend
Gurgaon's property market is set for significant changes as circle rates are slated to increase by up to 75% from April 1, 2026. This revision, reflecting market values, is expected to drive property price hikes between 15% and 75% across residential, commercial, and industrial segments. Emerging corridors like Dwarka Expressway and Southern Peripheral Road are leading these substantial increases.
20 years on, 3,000 Agra homebuyers seek UP govt intervention over stalled Ansal township
Over 3,000 homebuyers of Ansal Properties' Sushant Taj City in Agra are seeking possession of plots booked nearly two decades ago. Despite paying in full, buyers are frustrated by the lack of progress and clarity from the Uttar Pradesh government and the Agra Development Authority, which has a stake in the project.
Legacy of Jaiprakash Associates will be carried forward under Adani: Jaiprakash Gaur
Jaiprakash Gaur is confident the Adani Group will lead Jaiprakash Associates Limited forward. The Adani Group has been selected as the successful resolution applicant. Gaur respects the Committee of Creditors' decision. He described the insolvency process as fair and transparent. Efforts were made for a credible resolution for all stakeholders. The company faced financial stress and entered insolvency proceedings.
Ansal Properties held accountable for subsidiary’s failure to deliver flats in Haryana township by consumer forum
The National Consumer Disputes Redressal Commission has ruled against Ansal Properties and Infra Ltd. The company is held responsible for its subsidiary's failure to deliver flats for over 18 years. The commission has ordered a status quo on Ansal Properties' assets. This decision comes after homebuyers faced significant delays in the Megapolis Green Hi Tech Township project.
After 15-year wait, JAL homebuyers pin hopes on Adani plan for long-delayed homes
Homebuyers who booked properties 15 years ago with Jaiprakash Associates Limited (JAL) are anticipating possession following the Supreme Court's refusal to halt Adani Group's Rs 14,500 crore debt resolution plan. The approved plan offers buyers a choice of home delivery within two years or a refund, aiming to resolve one of India's largest bankruptcy cases.
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Bought a flat but parking too small and far away? Homebuyer filed case but lost in RERA; here’s why
A homeowner's plea for a better parking spot was dismissed by Punjab RERA. The complainant argued his allotted space was too small and far from his apartment. He also claimed unequal distribution of parking. RERA ruled against him, stating he accepted possession without protest and the builder followed approved plans.
Mahagun Group raises Rs 225 crore from CSL Finance Limited
Mahagun Group has secured Rs 225 crore funding from CSL Finance Limited. This capital infusion will accelerate project execution and ensure timely delivery. The group also successfully repaid Rs 650 crore debt for its Mahagun Medalleo project. This development follows a recent settlement with IDBI Trusteeship Services Ltd, leading to the withdrawal of an insolvency petition.
ED restitutes Rs 15,000-crore worth assets in PACL 'fraud' case
The Enforcement Directorate has returned assets valued at over Rs 15,000 crore to a special committee. This action aims to help investors recover funds lost in the PACL Ponzi scam. The fraud is estimated to be worth Rs 48,000 crore. This move is a significant step towards refunding victims. The ED is committed to recovering all proceeds of crime.
Residential realty sales growth to moderate slightly to 4-6% in fiscal 2027
India's housing market is seeing slower growth after a boom. Sales value is expected to rise by 4-6% in fiscal 2027. Demand is steady, supported by premium and luxury homes. Developers maintain strong finances due to good collections. Inventory levels may rise slightly. Global uncertainties could impact demand.
Construction cost of realty projects may rise up to 5% in 2026 due to high labour rates: JLL
Construction costs in India are projected to climb 3-5% this year due to rising input prices, including labour. While some material costs saw minor dips, others surged. New labour codes and skilled worker shortages are significant drivers. Despite these pressures, underlying housing demand remains robust, with industry players focusing on cost optimization.
Mortgage rates climb to 6.22% highest in 3 months — will Iran war-driven inflation push rates higher and hit US housing market now?
Mortgage rates climb to 6.22%, highest in three months, shaking US housing sentiment. Rates were below 6% just weeks earlier, boosting buyer optimism. Iran war-driven inflation fears pushed oil prices higher, lifting Treasury yields sharply. The 10-year yield jumped near 4.28%, driving borrowing costs upward. Mortgage applications dropped nearly 10%, signaling cooling demand. The Federal Reserve remains cautious as inflation stays above target. Higher rates now threaten spring homebuying momentum. Here’s what this sudden rate surge means next.
RERA relief: Interest for delayed flats can be recovered as land revenue arrears
Homebuyers can now recover interest for delayed property possession from builders as "Arrears of Land Revenue" under RERA. This classification, upheld by Punjab RERA and the Supreme Court, allows recovery through the state's revenue machinery, bypassing lengthy civil court processes. Builders face stringent recovery actions, including asset attachment and potential arrest, for non-compliance.
Adani Enterprises gets NCLT nod for JAL takeover
The National Company Law Tribunal has officially sanctioned Adani Enterprises' acquisition of Jaiprakash Associates, marking a historic moment in India’s insolvency landscape. Secured in November 2025, this takeover allows Adani Enterprises to take the helm of the struggling cement and infrastructure firm, setting the stage for a transformative era for Jaiprakash Associates.
US homes sales rose in February as homebuyers seized on easing mortgage rates
Sales of previously occupied U.S. homes picked up in February from the previous month as home shoppers took advantage of easing mortgage rates and a modest increase in properties on the market heading into the spring homebuying season.
Buying or selling a home in March? Here’s what the housing market looks like
The housing market in March 2026 is showing slow changes for buyers and sellers. Mortgage rates are lower than last year and affordability is slightly better. Some buyers may also get price discounts from sellers. However, home supply is still limited and prices are not falling much. Experts say the market is improving slowly but big changes may take more time.
$200 billion housing move triggers immediate mortgage relief — who sees lower payments? Here’s new mortgage rate outlook 2026
Mortgage rates today are hovering near 5.99%, down sharply from the 7.8% peak seen during the recent housing affordability squeeze. That drop followed a $200 billion mortgage-backed securities purchase plan aimed at stabilizing the U.S. housing market. The move injected massive liquidity into mortgage bonds and immediately pushed yields lower. As a result, 30-year fixed mortgage rates eased to multi-year lows. Borrowers are already seeing lower monthly payments. Refinancing activity is rising again. The housing market 2026 outlook just shifted. New homebuyers also gain purchasing power. Lower mortgage rates today increase affordability.
Homebuyers face higher credit check costs — here’s why fees are rising now
Homebuyers credit check costs explained: Homebuyers face escalating credit check fees, with tri-merge reports expected to jump 40-50% by 2026. Lenders require reports from Equifax, Experian, and TransUnion for mortgages sold to Fannie Mae and Freddie Mac. The Mortgage Bankers Association is urging a single credit report option to mitigate these rising costs.
Mahagun gets insolvency relief as NCLT clears settlement with IDBI Trusteeship
Mahagun Group has reached a settlement with IDBI Trusteeship, resolving insolvency proceedings. This development brings relief to homebuyers of the Mahagun Manorialle project in Noida. The National Company Law Tribunal has allowed the withdrawal of the insolvency petition. Mahagun is now focused on delivering the project by March 2027, with construction activities accelerated.
Former Jaypee Infratech MD Manoj Gaur surrenders in Delhi's Tihar Jail
Officials said Gaur, who had secured interim bail, surrendered on Thursday and is now lodged in Tihar Jail. Jaiprakash Power Ventures Ltd also filed a regulatory update on Friday stating that Gaur, a non-executive director and chairman of the company, has "surrendered before judicial authorities upon expiration of the term of his interim bail".
Delhi court rejects ex-Jaypee Infratech MD Manoj Gaur's bail plea in money-laundering case
A Delhi court has denied bail to Manoj Gaur, former MD of Jaypee Infratech, in a money-laundering case. The court highlighted allegations of cheating and criminal breach of trust involving thousands of homebuyers. Gaur allegedly diverted funds collected for housing projects, leaving them incomplete.
NCLT appoints two-member panel to assess progress of Jaypee Infratech projects
The National Company Law Tribunal has formed a two-member committee to review construction progress at Jaypee Infratech projects. This action follows complaints from homebuyers about delays. The committee will submit a comprehensive report addressing these grievances. Suraksha Group took control of Jaypee Infratech in June 2024. The tribunal has listed the matter for April 1, 2026.
Homebuyers' body FPCE says many state real estate regulators not publishing annual reports
Homebuyers' group FPCE highlights a major issue. Many state RERA authorities are failing to publish annual reports. This is a legal requirement. Over 75 percent of these authorities have not published reports or are behind schedule. FPCE urges the government to take action. This data is crucial for homebuyers and policy making. Without it, the sector's improvement claims lack proof.
Naredco pitches for incentives for affordable housing, rental homes
Realtors' body Naredco on Friday said the government should promote affordable home segment and provide incentives for development of rental accommodation to achieve Housing for All and boost growth of real estate sector.
Stable home loan rates may encourage people to buy housing assets: CREDAI-NAREDCO
The Reserve Bank of India has kept the repo rate unchanged. This decision brings stability to financing costs for real estate developers and home loan borrowers. Experts believe this will encourage homebuyers to make purchasing decisions. Developers are also motivated to launch new projects. The stable monetary environment boosts confidence in the housing market and strengthens India's appeal to investors.
Nothing concrete on affordable housing in Union Budget: CREDAI
Realtors' apex body CREDAI expressed disappointment with the Union Budget for lacking incentives to boost affordable housing, warning of a further decline in its share of new home launches. While welcoming the focus on infrastructure development and ease of doing business, CREDAI urged urgent policy attention to affordable housing to ensure inclusive urban growth.
Builder skipped mandatory RERA insurance? Why homebuyers face big risks and what to do now
Builders are legally required to secure insurance for housing projects under RERA Section 16. This insurance covers land title and construction until possession is handed over. If builders neglect this mandate, homebuyers are left unprotected against potential losses. Karnataka RERA has ruled that builders cannot shift blame for uninsured losses to homeowners.
Homebuyers' body FPCE seeks interest subsidy on home loans to boost demand for affordable housing
Homebuyers' body FPCE has demanded that the government in the upcoming Budget provide interest subsidy on home loans to people purchasing affordable and mid-income housing.
Homebuyers' body flags gaps in RERA, seeks protection from 'errant' builders
A pan-India homebuyers' association has approached the Union housing ministry. They seek urgent intervention to fix critical gaps in the Real Estate Regulation and Development Act, 2016. The association highlights that buyers remain vulnerable to exploitation. They are calling for standard operating procedures to be issued to all state RERA authorities. This aims to restore homebuyer confidence and ensure compliance.
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