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Realty Stocks Show Selective Strength at Open as Markets Turn Volatile
Real estate stocks opened on a mixed note as Indian markets slipped, with the Nifty Realty index showing mild gains. While developers like DLF and Lodha led the upside, others lagged, pointing to a volatile and stock-specific trading session ahead.
Realty Stocks Open Mixed as Dalal Street Turns Volatile; Select Developers Outperform Early Trade
Real estate stocks opened mixed on Thursday as Indian markets turned volatile after an early rally. While developers like Godrej Properties, DLF and Lodha saw buying interest, others faced profit booking, pointing to a highly stock-specific trading session for the realty sector.
Homebuyers Can Challenge Only Unfavourable RERA Parts & Recover Simultaneously
In a major relief for homebuyers, MREAT has held that allottees can challenge only the unfavourable portions of a RERA order while simultaneously initiating recovery proceedings against the promoter. The Tribunal rejected the builder’s stay plea and imposed costs.