The Indian Real Estate sector has, over the past two decades has seen an unprecedented growth, but it has also exposed deep structural vulnerabilities, particularly when developers default on their commitments. One of the most affected groups in such scenarios has been homebuyers, who often find themselves in a difficult position of having paid large sums without receiving actual possessions or recourse. Over the years, judicial interventions and legislative amendments have gradually strengthened their position under the Insolvency and Bankruptcy Code, 2016. The most recent round of reforms provided under the IBBI (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2025, is also a crucial step in ensuring that…

