Government Launches Slum Cluster Scheme: 50+ Acre Projects Under SRA, No Slum Dweller Consent Required

The Maharashtra Government has approved a landmark “Slum Cluster Redevelopment Scheme” allowing redevelopment of contiguous slum areas above 50 acres under SRA without separate NOCs, marking a crucial step toward a slum-free Mumbai.

🏗️ Realty Stocks End Higher as Market Finds Support in Large Developers; Festive Demand Keeps Sentiment Positive

Indian real estate stocks closed higher on Thursday as large developers lifted the Nifty Realty Index by 0.7%. Mid-caps remained muted, but analysts see renewed buying in top names ahead of festive booking announcements.

One Society for Two Buildings a Kilometer Apart? Bombay HC Backs For Independence

Bombay High Court has upheld the bifurcation of Balaji Tower CHS from Shree Ganesh CHS in Nerul, observing that the two plots — located over a kilometer apart — functioned separately for years. The Court ruled that no CIDCO permission was required for the split, bringing long-awaited legal clarity for residents.

Shahid Balwa of DB Realty Named Convener of CREDAI-MCHI Task Force to Smooth Developer-BMC Relations

Shahid Balwa, Managing Director of DB Realty, has been appointed convener of…

🏗️ Realty Stocks Start Thursday on a Firm Note: Large Developers Lift Nifty Realty as Investors Eye Fresh Data

Real estate stocks opened higher on Thursday as the Nifty Realty Index gained 0.5%, driven by large developers while mid-caps lagged. Analysts see optimism returning cautiously as the market awaits post-festive booking data.