Realty Stocks Surge at Open as Markets Rally; Sector Leads Early Gains on Dalal Street

Real estate stocks opened sharply higher as Indian markets rallied, with the Nifty Realty index leading sectoral gains. Broad-based buying across developers signals strong sentiment, but investors remain cautious about interest rate risks and profit booking later in the day.

Bombay HC Lets IL&FS Chase HDIL’s ₹204 Crore Loan from Main Borrower Despite Insolvency Shield

Bombay High Court allows IL&FS Financial Services to proceed with ₹203.66 crore summary suit against principal borrower Serveall Constructions despite IBC moratoriums

Bombay HC Dismisses Marvel Landmarks Petition; Upholds 2019 RERA Refund Order to Homebuyer

In a buyer-friendly ruling, the Bombay HC today refused to quash a 2019 MahaRERA order directing Marvel Landmarks to refund over ₹1.35 crore plus interest to a flat purchaser.

Maharashtra Clears 4.79 Ha Forest Land in Palghar for Mumbai-Ahmedabad Bullet Train

Maharashtra has approved diversion of 4.798 hectares of forest land in Palghar for the Mumbai-Ahmedabad Bullet Train project, subject to environmental conditions and compliance.

Maharashtra Clarifies Rehab Policy: Heirs to Get Separate Benefits as Independent Units

Maharashtra has clarified that heirs of deceased landowners will be treated as separate units for rehabilitation benefits, overriding earlier confusion and ensuring wider eligibility.