Home Buyers
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Yogi Adityanath directs to register FIR against Ansal API Group | All you need to know case
Uttar Pradesh | March 03, 2025 23:27 ISTThe NCLAT declared the Ansal Api Group bankrupt after it failed to deposit Rs 83 crore. The decision has left hundreds of investors in limbo. The investors held protests in Lucknow and demanded that the government take action against the group.
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10 key measures that could benefit homebuyers as real estate sector pins high hopes on Union Budget
Budget | January 28, 2025 13:03 ISTBudget 2025: The real estate industry is pushing for a higher budgetary allocation for affordable housing schemes, like the Pradhan Mantri Awas Yojana (PMAY), to ensure the success of initiatives aimed at providing affordable homes for all.
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Good news for Noida homebuyers: Flat registration mandatory after 10% payment, check guidelines
Business | October 28, 2024 17:22 ISTGood news for Boida homebuyers: The new guidelines from Noida Authority will close loopholes that have previously allowed developers to sell the same unit multiple times or to withdraw from a sale for delayed payments.
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How first-time home buyers can save tax on buying a property | Check here
October 18, 2023 9:59 ISTThе govеrnmеnt has introduced sеvеral mеasurеs to еncouragе homе ownеrship, making it morе affordablе for first-timе buyеrs.
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Central committee proposes several measures to provide relief to homebuyers in UP. Read here
Uttar Pradesh | August 04, 2023 16:34 ISTThe central committee led by former Niti Aayog CEO Amitabh Kant has recommended the three authorities in Uttar Pradesh- Noida, Greater Noida and Yamuna Expressway - to allow registry of flats even if dues are not cleared by developers.
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Union Budget 2021: Real estate sector keen on infrastructure status, tax incentives for home buyers
Business | January 31, 2021 9:07 ISTThe real estate sector, which took a hard hit due to COVID-19, is pinning hopes on the union budget to be presented on Monday for easing regulatory norms and for steps that will help in the completion of pending projects and the sale of build-up houses.
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50 homebuyers in Greater Noida's Shahberi decide to stop paying bank loan EMIs
India | January 08, 2020 23:23 ISTAround 50 homebuyers in Greater Noida's Shahberi area have decided to stop paying their monthly installments on bank loans over legality of construction of their flats.
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Indian millennials more cautious about buying homes: Report
Business | September 25, 2019 16:26 ISTAnalysing the age bracket of home seekers in the first half of 2019, the report, conducted by a property consultant Anarock, said that at least 37 per cent of participants serious about buying homes fall in the age bracket of 35-45 years, followed by 25 per cent in the 45-55-year bracket.
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Over 20k complaints of homebuyers resolved under RERA: Govt
India | July 11, 2019 20:05 ISTIn a written reply to a question in the Lok Sabha, Union minister Hardeep Singh Puri said that in Uttar Pradesh and Maharashtra, 5,989 and 5,028 complaints of home-buyers were disposed off respectively under the Real Estate (Regulation and Development) Act, 2016 (RERA).
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Tax slabs for home buyers unchanged
Budget | July 05, 2019 13:43 ISTFinance Minister Nirmala Sitharaman on Friday presented her maiden budget in the Lok Sabha. In a major push to home buyers, the finance minister announced there would be no changes in the tax slabs.
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Home buyers seek Rs 10,000-cr 'stress fund'
India | June 24, 2019 22:07 ISTIn a letter to the minister with Budget recommendations, the home buyers' association noted that despite the implementation of the Real Estate (Regulation and Development) Act and setting up of Real Estate Regulatory Autorities, several stalled projects have not been completed.
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Home buyers confused between 5 or 12 per cent GST on flats
Business | May 22, 2019 19:47 ISTBuilders are facing a piquant situation with homebuyers insisting that they will pay only the new rate of 5 per cent GST on flats even though the developer has opted for the old rate of 12 per cent to take advantage of credit on inputs like paints, cement and steel.
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Home buyers to pay 12% GST on balance due if completion certificate issued by March 31
Business | May 15, 2019 17:37 ISTHome buyers will have to pay 12 per cent GST on balance amount due to the builder if the housing project has been granted completion certificate by March 31, 2019, the CBIC has said.
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54,000 home buyers to get possession of flats in Noida, Gurugram until March
India | March 02, 2019 15:49 ISTNoida and Gurugram property markets are likely to witness a delivery of about 54,000 flats to home buyers by March 2019 with developers focusing on completing pending projects, according to brokerage firm PropTiger.
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HDFC disburses Rs 1,100 cr subsidy to 51,000 home buyers under PMAY
Business | November 18, 2018 17:48 ISTThe company on an average has been approving 8,300 loans on a monthly basis to the EWS and LIG segment.
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Relief for home buyers as President approves ordinance to treat them as creditors
India | June 06, 2018 19:43 ISTThe government said the ordinance would give home buyers due representation in the Committee of Creditors and make them an integral part of the decision making process.
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Good news for home buyers! Union Cabinet approves ordinance to amend Insolvency and Bankruptcy Code
India | May 23, 2018 18:12 ISTA 14-member Insolvency Law Committee had suggested to the Ministry of Corporate Affairs that home buyers should be treated as financial creditors paving way for their participation in an insolvency resolution process.
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Maharashtra housing regulator makes developer refund Rs 7 crore to home buyers for delay
India | May 12, 2018 14:16 ISTThe authority ruled in favour of 21 aggrieved home-buyers who had come together for justice.
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SC asks Supertech to deposit Rs 10 crore to pay interest to home-buyers
India | February 20, 2018 20:33 ISTThe apex court took note of the report of advocate Gaurav Agrawal, who is assisting it as an amicus curiae, that there was a list of 164 home-buyers.
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Don't charge GST from affordable housing buyers: Govt to builders
India | February 07, 2018 17:54 ISTIt said builders can levy GST on buyers of affordable housing projects only if they reduce the apartment prices after factoring in the credit claimed on inputs.
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