Green shoots emerge for residential real estate, but it isn't out of the woods.

Vinay Sah, MD and CEO of LIC Housing Finance (LIC HFL), talks to Naveen Kumar on the latest developments in the housing finance industry and the performance of the company as one of the significant NBFC players in this segment.

Though the development offers some relief to the distraught home buyers and the defaulting promoters of micro, small and medium enterprises (MSME), it still leaves room for ambiguity and legal challenges.

The National Company Law Tribunal (NCLT) yesterday came down heavy on the Jaypee Group, accusing Jaiprakash Associates Ltd. (JAL) and its beleaguered subsidiary Jaypee Infratech (JIL) of \"fraudulent\" transactions.

Gaur's revival plan includes cash, land parcels, and equity to lenders through instruments, which could cover JIL's outstanding debt of Rs 9,800 crore. This resolution plan is over 25 per cent higher than bid made by Lakshadeep Pvt Ltd under the insolvency proceedings.

Will the government accept a key recommendation of the Insolvency and Bankruptcy Code (IBC) review committee?

In what could usher in some relief for the first time home buyers, the government has reportedly cut GST rate from 12 per cent to 8 per cent for houses purchased using the credit-linked subsidy scheme (CLSS) under Pradhan Mantri Awas Yojna.

Every year, the Union Budget presents the Government with an opportunity to tweak the direction that the Indian economy is taking.

The real estate sector in India saw a lot of upheavels during 2017, leading to buyers loosing confidence in one of the most reliable asset classes. If you are planning to go ahead and buy a house in the coming year, watch Senior Associate Editor Teena Jain Kaushal for more insight into the present condition of the sector.

Here are some landmark judgements by the apex court that have tremendously benefited homebuyers battling ruthless or lethargic developers.

The submitted amount could be used to compensate homebuyers who have claimed refunds against delayed handover of possession of homes they had bought from the company.

The residential realty market is expected to look up post-RERA and other consumer-friendly provisions, but the loopholes are hurting

The recent slump in the real estate industry means several major builders are unable to complete their housing projects and hand over possession to their customers, leaving them in the lurch.

The apex court also asked the NCLT-appointed interim resolution professional (IRP) to take over the management of Jaypee Infratech and submit a plan to protect the interests of homebuyers and creditors within 45 days.

IDBI Bank, the largest creditor of Jaypee Infratech Ltd and the leader of the consortium of lenders to the Jaypee Group, moved Supreme Court on Tuesday to restore the insolvency proceedings against the real estate company a day after SC stayed the National Company Law Tribunal (NCLT) order.

The Supreme Court on Monday stayed an order passed by the Allahabad bench of the National Company Law Tribunal (NCLT) on Jaypee Infratech. The Allahabad bench of the tribunal had accepted IDBI Bank's plea and classified Jaypee Infratech as insolvent.

In a bid to woo homebuyers, the State Bank of India will offer home loans of up to Rs 30 lakh for the salaried women borrowers at an interest rate of 8.35 per cent.