Realty Stocks See Volatile Start as Indian Markets Open; Nifty Realty Trades in Red

Real estate stocks in India opened on a weak note as the Nifty Realty index slipped over 3% in early trade. Major developers including DLF, Prestige Estates, Lodha Developers and Oberoi Realty traded lower, while Godrej Properties showed relative resilience amid volatile market sentiment.

Big Relief for Housing Societies: ITAT Mumbai Allows Deduction on Interest from Co-operative Banks

The ITAT Mumbai has ruled that co-operative housing societies can claim deduction under Section 80P(2)(d) on interest earned from deposits with co-operative banks, offering significant tax relief and settling a long-standing dispute.

ICRA Projects 9–12% Revenue Growth for Indian Hotels in FY2026; Occupancy, Room Rates to Stay Strong

ICRA expects India’s hospitality sector to grow 9–12% in FY2026, with premium hotel occupancy at 72–74% and room rates rising further as demand continues to outpace supply for the next 2–3 years.

Realty Stocks Start the Day Under Pressure; Mixed Signals Through Early Trade

Realty stocks opened the session under pressure, with major indices sliding and most developers in negative territory. While quality names showed relative stability, broader investor caution points to a range-bound but potentially volatile day for property stocks.

KDMC Files FIR Against Two For Failing To Segregate Wet And Dry waste

KDMC initiates criminal proceedings and files BNS cases against Vinayak Colony residents for waste management violations. Read how the new penal code is being used to enforce city cleanliness.