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Dombivli Housing Society Chairman and Secretary Disqualified for Refusing Documents to Member

The Deputy Registrar of Cooperative Societies, Dombivli has disqualified the Chairman and Secretary of New Asha Park Housing Society for denying important documents to members despite repeated requests and fee payment. The order highlights that managing committees cannot arbitrarily withhold records and members have strong legal rights under the Maharashtra Cooperative Societies Act.

Realty Stocks Open Mixed as Markets Turn Cautious; Sector Sees Stock-Specific Action

Real estate stocks opened on a mixed note as Indian markets turned cautious. While select developers like DLF and Phoenix Mills showed resilience, broader weakness in the sector points to a range-bound and volatile trading session ahead.

MahaRERA Rejects Homebuyers’ Brokerage Refund Plea

MahaRERA has rejected a couple’s plea for refund of alleged hidden brokerage charges in Piramal Revanta Tower 2, stating the complaint was not maintainable due to missing documents and the agent not being linked to the project.

MahaRERA Dismisses Steel Supplier’s ₹6 Cr Refund Claim Against Mumbai Project

MahaRERA has dismissed a high-value complaint by steel supplier Nikant Steel against Sheth Developers, ruling that the dispute over three flats in the delayed Sheth Blue Ivy project does not qualify as a standard RERA promoter-allottee matter due to documentation discrepancies and its origin in a commercial debt.

India Real Estate to Attract ₹50 Lakh Cr by 2036, But Affordable Housing Faces Funding Crisis

India’s real estate sector is set to attract ₹50 lakh crore by 2036, but a major funding gap in affordable housing threatens balanced growth.