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MahaRERA Penalises Developers ₹50,000 for Failing to Execute Conveyance Deed

MahaRERA orders Shree Sanket Developers to execute conveyance deed forthwith and imposes ₹50,000 penalty for violating Sections 11 & 17.

Realty Stocks Slip at Open as Crude Climbs for Fourth Day; IT Leads, Realty Lags

Nifty Realty opens as the worst sector on July 16 as crude climbs for a fourth straight day. IT leads while realty lags ahead of Trump’s Iran address.

Managing Committee Has No Power to Evict Member: Co-op Court Ends 38-Year Dispute in Favour of Member

Co-op Appellate Court holds managing committee cannot terminate occupancy of owned shops; 1988 eviction decree against Dahisar firm set aside after 38 years.

Maharashtra Issues Fresh Guidelines on Regularising Multiple Transfers of Ceiling Land

Maharashtra now allows only the latest unauthorised ceiling land transfer to be regularised, easing burden on owners.

Maharashtra Govt Centralizes All Land Approvals in Hill Stations for Environmental Protection

Maharashtra Govt has centralized approvals for land dealings in hill stations like Mahabaleshwar and Matheran. All encroachments, lease renewals and Class-2 conversions now require state approval.