Maharashtra Fast-Tracks Land Acquisition: District Committees to Finalise Compensation in Just 7 Days
Maharashtra’s new GR mandates district committees to finalise land acquisition compensation within one week of measurement, a move expected to reduce delays, cut project costs, and boost transparency.
Realty Stocks Under Pressure at Open as Market Sentiment Turns Cautious
Real estate stocks started the day on a weak note as the Nifty Realty index declined and most major developers traded in the red. Broader market caution and global risk sentiment are weighing on the sector, with investors watching interest rates and institutional flows for direction.
Bombay HC Quashes ₹3 Cr+ Stamp Duty Demand on Romell Real Estate’s Malad Slum Project
Bombay HC quashes ₹3 Cr+ stamp duty demand against Romell Real Estate in Malad slum redevelopment case. Court rules Permanent Transit Camp (PTC) cannot be added to consideration per Guideline 26 & holds CCRA order time-barred beyond 6-year limit under Section 53A.
Nusli Wadia Loses Bid to Block Deemed Conveyance: Bombay HC Ends 17-Year Wait for Malad Society
Bombay HC upholds deemed conveyance for Malad jewellery market society after 17-yr wait, rules MOFA agreements prevail over lease claims by Nusli Wadia & Raheja group entities. Justice Borkar dismisses writs.