Realty Stocks Open Tentative as Markets Rebound; Sector Shows Mixed Early Signals
Real estate stocks opened mixed despite a strong rebound in Indian markets. While select developers like DLF and Phoenix Mills showed resilience, others remained under pressure, pointing to a volatile and range-bound session for the realty sector.
📰 ₹255 Crore Push for Maharashtra’s Hill Regions: Govt Releases Fresh Funds for 2025–26 Development Works
Maharashtra Government releases ₹35.68 crore under the ₹255 crore Hill Area Development Programme for 2025–26, prioritising pending and near-completion projects across 119 talukas in remote regions.
Buying a Bank Auction Property Proves Costly: Buyer Forced to Pay ₹48 Lakh in Old Electricity Bills for New Connection
In a shocking ruling, the Telangana High Court has forced a buyer who acquired a prime industrial plot for over ₹53 crore in a bank auction to cough up nearly ₹48 lakh in the previous owner’s unpaid electricity bills just to get a new power connection — underscoring the hidden perils of “as is where is” property purchases.