Ready Reckoner Rates Cannot Be Sole Basis for Land Acquisition Compensation: Bombay High Court

“The rates mentioned in the Ready Reckoner are basically for the purpose of collection of stamp duty and cannot be the basis for determination of the compensation for the lands acquired under the Land Acquisition Act,” the Bombay High Court reiterated while slamming the SLAO’s flawed approach and upholding enhanced compensation of ₹3.99 crore.

Not All Encroachments Will Be Legal: Maharashtra’s New GR Draws Clear Boundaries

In a significant policy refinement, the Government of Maharashtra has issued a…

What Is MahaRERA Up To? Old Orders Uploaded as New Raise Transparency Concerns

A review of MahaRERA’s official website reveals that several old orders are being uploaded with recent dates, raising serious concerns about transparency and trust. This comes at a time when the authority is expected to uphold accountability under the RERA Act.

1,600 Sq Ft RERA Carpet Homes for 260 Sq Ft Tenements

MHADA unveils the Motilal Nagar redevelopment master plan, offering 1,600 sq ft RERA carpet homes to residents currently living in 260 sq ft tenements—marking a historic shift in Mumbai’s redevelopment standards.

Realty Stocks Open Cautious as Markets Turn Tentative; Select Developers Show Divergent Trends

Real estate stocks opened on a cautious note despite gains in benchmark indices. While select developers showed resilience, underlying sector sentiment remains fragile, pointing to a range-bound and stock-specific trading session ahead.