The Latest
Realty Stocks Open Mixed as Markets Attempt Recovery; Sector Shows Stock-Specific Action
Real estate stocks opened mixed as Indian markets showed early signs of recovery. While select developers like DLF and Prestige Estates gained, others remained under pressure, pointing to a range-bound and stock-specific trading session for the sector.
CIDCO Took 280 sq.m Land for Navi Mumbai but “Forgot” Compensation — HC Orders Massive 2013 Act Payout
In a scathing order, Bombay HC has exposed CIDCO’s 37-year-old “forgotten land” scandal in Navi Mumbai and ordered fresh acquisition under the 2013 Act with full compensation — a landmark blow for property rights.