India, Aug. 14 -- The Indian Banks' Association (IBA) has estimated that there are 4.12 lakh stressed residential units, involving over Rs.4 lakh crore, in the country. More than half of these units-about 2.40 lakh- are in the National Capital Region alone.

It is the homebuyers who have to bear the brunt of delays in projects including an opportunity cost with elongated periods of rent payments and disruption in their financial planning, not to mention the mental agony.

If you are an aggrieved homebuyer seeking relief in a stalled real estate project, here are five options before you.

In case a real estate developer delays delivery or possession of a residential property, homebuyers can file a complaint with the real estate regulatory ...