Realty Stocks Open Mixed as Markets Turn Range-Bound; Select Developers Attract Early Buying
Real estate stocks opened mixed as Indian markets showed a cautious start. While large developers like DLF and Phoenix Mills saw mild buying, several others remained under pressure, pointing to a range-bound and stock-specific trading session ahead.
Society Redevelopment Gone Wrong: Why RERA Refused to Help Flat Buyers
Mumbai Tribunal rules that once a developer exits a redevelopment project by terminating the agreement, RERA loses jurisdiction. Flat buyers who paid ₹50 lakh each were told to approach Civil Court instead. A must-read warning for all homebuyers in society redevelopment projects.