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Jaypee homebuyers wait nearly two years as ED probes alleged fund diversion

Jaypee homebuyers wait nearly two years as ED probes alleged fund diversion

Nearly two years after a resolution plan by Suraksha Realty was cleared, Jaypee homebuyers say deliveries have barely moved forward. The frustration is now compounded by fresh scrutiny, with enforcement agencies starting probes into allegations of fund diversion. The parallel—slow progress on projects and investigations on money trail—has left buyers with unanswered timelines and rising uncertainty.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
UP RERA caps transfer fees for flat buyers limiting builders to set amounts

UP RERA caps transfer fees for flat buyers limiting builders to set amounts

Uttar Pradesh RERA has capped processing fees builders can charge for flat transfers, aiming to shield homebuyers from hefty costs. Transfers to family members—including inheritance cases—now have a maximum fee of ₹1,000. For transfers to non-family parties, the cap is ₹25,000, bringing tighter limits to charges during property ownership changes.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Bombay HC rejects homebuyer demand after builder sold refuge areas as residential flats

Bombay HC rejects homebuyer demand after builder sold refuge areas as residential flats

A Ghatkopar East homebuyer who bought five apartments in Bhandup discovered the builder had sold refuge (vacant) areas as residential flats. The High Court found the occupancy certificate plan contained an error showing those spaces as flats on specific floors, yet still denied the buyer society membership, leaving the dispute unresolved for him.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Supreme Court orders NCLAT to speed up merger of Supertech’s remaining 14 housing projects

Supreme Court orders NCLAT to speed up merger of Supertech’s remaining 14 housing projects

The Supreme Court has asked the NCLAT to quickly decide on merging debt-ridden Supertech’s remaining 14 housing projects. The plan is to move stalled construction toward completion while addressing homebuyers’ long-running grievances. NCLAT will hear all stakeholders, including land agencies and farmers, following an earlier order for NBCC to finish 16 other Supertech projects.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Noida homebuyers still waiting as audit flags shady deals in Logix Infratech project

Noida homebuyers still waiting as audit flags shady deals in Logix Infratech project

A transaction audit into Noida-based Logix Infratech has raised alarms over “shady deals” tied to its Logix Blossom Zest project in Sector 143. The housing complex has 3,400 flats across 14 towers, but nine towers remain incomplete. Nearly 1,400 homebuyers are still waiting for possession more than a decade after bookings began.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Supreme Court orders NCLT to speed decision on Supertech stalled projects panel

Supreme Court orders NCLT to speed decision on Supertech stalled projects panel

The Supreme Court has asked the National Company Law Tribunal to quickly decide whether a court-appointed oversight committee is required for Supertech’s 30 stalled projects. The direction follows the suspension of the interim resolution professional, raising worries among homebuyers about timelines and project completion. NCLT will examine whether such a committee should cover all projects or only those handled by NBCC.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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NCDRC pierces corporate veil to force Ansal refund to homebuyers

NCDRC pierces corporate veil to force Ansal refund to homebuyers

The NCDRC has taken an unusually firm step against Ansal Properties and its affiliate Ansal Hi-Tech Township by effectively dissolving the corporate barrier between them. The move follows repeated non-compliance with earlier orders demanding refunds to aggrieved homebuyers, signaling tougher enforcement when builders try to hide behind complex corporate structures.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Lavasa homebuyers rush to NCLAT alleging flawed creditor resolution and opaque insolvency process

Lavasa homebuyers rush to NCLAT alleging flawed creditor resolution and opaque insolvency process

Lavasa homebuyers have filed a fresh appeal at NCLAT challenging a resolution plan cleared by creditors. They allege discriminatory treatment, serious flaws in how the plan was approved, and a lack of transparency in the insolvency process. Homebuyers are seeking tribunal intervention to ensure fair treatment and address the alleged injustices.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Supreme Court to probe builder bank nexus as homebuyers get trapped in subvention loan fraud

Supreme Court to probe builder bank nexus as homebuyers get trapped in subvention loan fraud

Homebuyers across NCR say subvention schemes have turned into debt traps: builders allegedly abandon projects while banks pursue repayments. With more than 1,200 petitions filed, the Supreme Court is now examining whether a wider, allegedly fraudulent loan arrangement is driving the crisis—pushing the issue beyond individual disputes toward systemic wrongdoing.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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