real estate news
Supreme Court Orders Clean-Up of Real Estate Sector to Protect Homebuyers
The Supreme Court's recent ruling has put the spotlight on speculative investors in India's real estate market, calling for systemic reforms to protect genuine homebuyers and ensure the sector's credibility.
Real Estate
Supreme Court Orders Clean-Up of India's Real Estate Sector
The Supreme Court's recent ruling has shed light on the need for systemic reforms in India's real estate market to protect genuine homebuyers and curb speculative practices.
Real Estate
Supreme Court Protects Genuine Homebuyers, Curbs Misuse of Insolvency Law
In a landmark judgment, the Supreme Court has distinguished between genuine homebuyers and speculative investors, ruling that the Insolvency and Bankruptcy Code (IBC) cannot be misused for recovery purposes.
real estate news
Supreme Court Warns Against Speculative Real Estate Investors
The Supreme Court of India has issued a strong warning against speculative investors in the real estate sector, emphasizing their detrimental impact on genuine homebuyers and the overall market.
Real Estate
Supreme Court Warns Against Speculative Investors in Real Estate
The Supreme Court has highlighted the misuse of insolvency proceedings in the real estate sector by speculative investors, cautioning that such practices can jeopardize the interests of genuine homebuyers.
Real Estate
Real Estate Insolvency Resolution: Project-Specific Approach Protects Homebuyers
The Supreme Court has ruled that real estate insolvency resolutions under the IBC should be project-specific to safeguard genuine homebuyers and solvent projects. Speculative investors are ineligible to trigger the Corporate Insolvency Resolution Process (CIRP).