Homebuyers Can Claim Interest for Delayed Possession Even If They Stay in the Project

In a strong pro-homebuyer ruling, the Bombay High Court has held that allottees who continue with a delayed project do not lose their statutory right to claim interest under Section 18 of RERA. The Court dismissed the promoter’s appeal and upheld interest from the original due date of possession.

Maharashtra Clears ₹17,306 Crore Elevated Bridge and Tunnel to Fix Bhayandar-Gaimukh Bottleneck

Maharashtra approves a ₹17,306 cr elevated bridge and tunnel linking Bhayandar to Gaimukh, offering a new bypass to the congested Western Express Highway.

Maharashtra Approves ₹5,575 Crore Navi Mumbai Metro Lines 1A & 2 to Connect NMIA

Maharashtra approves ₹5,575 cr Navi Mumbai Metro Lines 1A & 2 spanning 17.09 km across 12 stations, connecting Belapur and Pendhar to NMIA by 2031.

Maharashtra Releases ₹26.97 Crore NDB Loan for Mumbai Metro Lines 2A, 2B & 7

Maharashtra approves ₹26.97 cr NDB loan release to MMRDA for Metro Lines 2A, 2B & 7, taking total funding to ₹1,020 cr across 13 tranches.

Realty Stocks Bounce Back at Open as Nifty Recovers

Realty stocks attempt a comeback on June 24 after Tuesday’s market crash. Iran talks day three and crude below $78 give the sector a fighting chance.