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Realty Stocks Open Steady as RERA Force Majeure Shield Protects Developers; Hormuz Deal Awaited

Realty stocks hold steady August 20 as MoHUA’s RERA force majeure shield protects developers from war delays. The Hormuz joint statement is being drafted.

Housing Society Can Fix Maintenance, But Must Pass On BMC Property Tax Concession: Court

Mumbai Co-op Court says societies can fix maintenance but must apply BMC property-tax concessions to eligible individual tenements.

Builders Can’t Collect Full Flat Payment Before Possession

Revenue Minister Bawankule proposes capping builder payments at 75-80% before agreement for sale, with final registration.

Mahindra to Redevelop 11,242 Sq M Twinkle Star Society in Chembur

Mahindra Lifespaces will redevelop the 11,242 sq m Twinkle Star CHS land in Chembur after stamp duty of ₹7.22 crore was fixed on a ₹142.72 crore market value.

Realty Stocks Hold Steady as Muscat Talks Begin; Nifty Drifts to Gap Support at 24,136

Realty stocks hold near 875 on August 19 as Muscat second round US-Iran talks begin. The sector waits on crude and Oman’s next signal from the table.