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MahaRERA Dismisses Neighbour’s Complaint Against Real Estate Project: “Not an Allottee, No Locus Standi”
MahaRERA has rejected a complaint filed by a resident of a neighbouring project against Impulse Buildcon, ruling that a non-allottee has no locus standi to challenge construction on reserved amenities space under the RERA Act.
Realty Stocks Open Mixed as Markets Turn Tentative; Sector Faces Stock-Specific Action
Real estate stocks opened on a mixed note as Indian markets remained cautious. While select developers like DLF and Phoenix Mills showed resilience, broader selling pressure kept the sector range-bound, pointing to a volatile trading session ahead.