Realty Stocks Open Weak as Markets Slip; Sector Shows Mixed Signals in Early Trade
Real estate stocks opened on a cautious note as Indian markets slipped in early trade. While select developers showed resilience, broader sector sentiment remains weak, pointing to a volatile and range-bound trading session ahead.
Union of India Fails to Prove Ownership of Bhayander Salt Lands, Loses Appeal
“In a significant setback for the Union of India, the Bombay High Court has ruled that the Centre failed to prove ownership over 220 acres of salt-pan lands in Bhayander. The 1870 grant was an alienation of proprietary rights, not a lease, and salt manufacturing does not transfer title to the Central Government.”