Maharashtra Extends Govt Land Lease Tenure to 49 Years, Renewable Up to 98 Years

Maharashtra has extended government land lease tenure to 49 years with a renewal option up to 98 years, aiming to boost commercial development and increase state revenue.

Realty Stocks Open Weak After Sharp Rally; Sector Turns Volatile in Early Trade

Real estate stocks opened under pressure on April 9 as Indian markets slipped after a sharp rally. While select large developers showed resilience, broader selling in mid-cap realty stocks points to a volatile and range-bound session ahead.

SRA Dream Turns Nightmare: Kurla Homebuyers Lose Flats Despite Paying Crores

MahaRERA has permitted a fresh RERA registration for the stalled Sapphire I project in Kurla, giving the new developer a clean slate while protecting original allottees through abeyance of the old registration and a lien on reimbursement funds payable to the terminated promoter ITMC

Bombay HC Ends 20-Year Battle, Orders Eviction from Prime Bandra Plot

After two decades of legal battle, the Bombay High Court has ordered the vacation of three shops on a prime 450 sq yard open plot in Bandra, ruling that occupants inducted by the original lessee have no independent right once the head tenancy is terminated.

RBI Keeps Repo Rate at 5.25%, Ensures Stable EMIs for Homebuyers

RBI has kept the repo rate unchanged at 5.25%, ensuring stable EMIs and boosting affordability for homebuyers amid global economic uncertainties.