Homebuyers Are Vulnerable, Developers Not on Equal Footing: Bombay High Court
In a powerful pro-homebuyer verdict, the Bombay High Court has held that allottees are “generally very vulnerable” and cannot be placed on equal footing with promoters, clearing the way for withdrawal of deposited refund amounts during developer appeals.
Dear MHADA, How Can You Sell a Rs 2 Crore Home to the Lower Income Group?
MHADA’s 2026 Mumbai lottery has triggered widespread outrage after several LIG flats in prime locations like Worli, Lower Parel, Wadala and Dadar were priced between ₹1.19 crore and ₹2.09 crore — far beyond the reach of families earning up to ₹9 lakh annually.
Realty Stocks Ride Opening Rally but Underlying Weakness Persists; Select Developers Outperform
Real estate stocks joined the market rally at the open, but gains remained selective. While large developers saw buying interest, underlying weakness in the sector suggests a volatile session ahead with stock-specific action dominating.