Good news for homebuyers

Ordinance to amend IBC to put them on par with financial firms to demand dues from builders. For long at the end of the queue when it came to getting their dues from real estate firms, aggrieved homebuyers will now have a place at the table when it comes to deciding on insolvency of real estate firms Hyderabad, May 24 There is good news on the horizon for potential homebuyers who have been aggrieved because of recalcitrant real estate firms. The Union cabinet on Wednesday approved an ordinance to amend the Insolvency and Bankruptcy Code (IBC)…