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Maharashtra has sanctioned ₹2.80 crore as enhanced compensation for landowners in Akluj, Solapur, in compliance with a 2017 court order in a land acquisition case.

Maharashtra Approves ₹2.80 Crore Compensation for Landowners in Akluj Village Expansion Case

Maharashtra has sanctioned ₹2.80 crore as enhanced compensation for landowners in Akluj, Solapur, in compliance with a 2017 court order in a land acquisition case.
  • May 14, 2026
In a major boost for homebuyers, the Supreme Court has ruled that merely leasing or renting out a purchased residential flat does not disqualify buyers from filing consumer complaints against builders for delays or unfair practices. The verdict in Vinit Bahri vs MGF Developers restores a dismissed case and clarifies that builders must prove "commercial purpose" to exclude consumer status.

Supreme Court Brings Massive Relief to Thousands of Greater Noida Homebuyers: Stalled Earth Projects to Resume Soon

“After 10 years of waiting, hope is finally here! Supreme Court orders resumption of stalled Greater Noida projects — Earth Towne, TechOne & Sapphire Court. No extra payment for homebuyers. GNIDA penal dues waived. Projects to restart from June 2026. A big win for thousands of families! 🏠⚖️”
  • May 13, 2026
India’s real estate sector recorded USD 4.3 billion in PE investments across 60 deals in FY26, marking a 7-year high, with office assets leading and domestic capital hitting a multi-year peak.

Maharashtra Releases ₹5,585 Crore GST Compensation to Municipal Corporations for April–May 2026

The Maharashtra Urban Development Department has approved ₹5,585.68 crore in GST compensation for 29 municipal corporations covering April and May 2026, with BMC topping the list at ₹2,587.55 crore and Pune and Pimpri-Chinchwad close behind at ₹485 crore and ₹457 crore respectively.
  • May 13, 2026
“Entries in Revenue Records or Jamabandi serve only a fiscal purpose… A Revenue Record is not a document of title and does not confer any ownership or title upon the person whose name appears in it.” — Supreme Court of India

SC Rules: Revenue Records No Proof of Title or Ownership

“Entries in Revenue Records or Jamabandi serve only a fiscal purpose… A Revenue Record is not a document of title and does not confer any ownership or title upon the person whose name appears in it.” — Supreme Court of India
  • May 13, 2026
Real estate stocks opened mixed as Indian markets showed early signs of stabilisation. While select developers like DLF and Phoenix Mills saw buying interest, others remained under pressure, pointing to a volatile and stock-specific trading session ahead.

Realty Stocks Open Weak as Dalal Street Extends Cautious Trend; Heavyweights Drag Sector Lower

Real estate stocks witnessed heavy selling pressure at the opening bell as the Nifty Realty index fell over 4% in early trade. Heavyweight developers including DLF, Godrej Properties and Prestige Estates dragged the sector lower amid weak market sentiment and growing macroeconomic concerns.
  • May 13, 2026