Real Estate

IBC Helps 1.4 Lakh Homebuyers as Stalled Projects Revive

2026-09-26 · GeoSquare News Scraper

Relief for Stalled-Project Buyers

The Insolvency and Bankruptcy Code (IBC) has helped around 1.4 lakh homebuyers move out of limbo, as developers revive stalled residential projects. The resolution process allows buyers to have a say when a developer enters corporate insolvency resolution process (CIRP).

Real Estate’s Share in Insolvency Cases

Real estate accounts for 22 per cent of all CIRP admissions, making it one of the most affected sectors in insolvency courts. For Maharashtra buyers, this matters because Mumbai, Pune and Thane have a large concentration of delayed housing projects.

What It Means for Homebuyers

Under IBC, homebuyers are treated as financial creditors. This gives them representation in the committee of creditors and a legal route to seek project completion, possession or refund, depending on the resolution plan approved.

Investor Takeaway

While the IBC route has helped lakhs of buyers, it is not a quick fix. Investors should track project approvals, delivery timelines and the developer’s financial health before buying into under-construction homes. Completed or near-completion projects with clear titles remain lower-risk options in Maharashtra’s key markets.