Park Wrong, Pay Right: Appellate Court Backs Society’s Power To Clamp Your Car

Court rules Magnum Tower society can clamp cars parked in wrong spots, citing binding 2025 resolution passed by majority vote.

MahaRERA Allowed Builder’s “Sell First, Refund Later” Condition; Appellate Tribunal Overrules

In a sharp rebuke to one-sided builder clauses, the Appellate Tribunal has ordered Omkar group to refund nearly ₹1.15 crore with interest to an NRI allottee in the Omkar Meridia project, holding that making refund conditional on selling the flat to a new buyer is unconscionable and against RERA.

Realty Stocks Rise as Crude Stays at $72 and Market Calm Returns to Dalal Street

Nifty Realty opens near 52-week highs on July 7 after surging 8.78% last week. VIX at 11.79 and crude at $72 set the stage for Q1 FY27 results.

5-Year Ban on Housing Society Office Bearers for Withholding Records

Bombay High Court has upheld the five-year ban on the Chairman, Secretary and Treasurer of a Mumbai housing society for deliberately withholding meeting minutes and records from a fellow committee member, reinforcing transparency norms under the Maharashtra Co-operative Societies Act.

Mumbai Woman Bought Flat in 2007, Builder Wrote It in 2011 — Tax Dept Pounced

Mumbai woman’s LTCG claim survives — ITAT rules builder’s delayed ledger entry can’t override actual 2007 allotment date. ₹17L addition deleted.