SquareFeatIndia

3810 posts
Varun Singh, is a Senior Journalist who has extensively covered the Real Estate Sector for over one and half decade. His articles, insights, and opinion on the sector are widely read.
RBI

RBI Keeps Repo Rate at 5.25%, Ensures Stable EMIs for Homebuyers

RBI has kept the repo rate unchanged at 5.25%, ensuring stable EMIs and boosting affordability for homebuyers amid global economic uncertainties.
Real estate stocks opened sharply higher as Indian markets rallied, with the Nifty Realty index leading sectoral gains. Broad-based buying across developers signals strong sentiment, but investors remain cautious about interest rate risks and profit booking later in the day.

Realty Stocks Surge at Open as Markets Rally; Sector Leads Early Gains on Dalal Street

Real estate stocks opened sharply higher as Indian markets rallied, with the Nifty Realty index leading sectoral gains. Broad-based buying across developers signals strong sentiment, but investors remain cautious about interest rate risks and profit booking later in the day.
Bombay High Court allows IL&FS Financial Services to proceed with ₹203.66 crore summary suit against principal borrower Serveall Constructions despite IBC moratoriums

Bombay HC Lets IL&FS Chase HDIL’s ₹204 Crore Loan from Main Borrower Despite Insolvency Shield

Bombay High Court allows IL&FS Financial Services to proceed with ₹203.66 crore summary suit against principal borrower Serveall Constructions despite IBC moratoriums
In a key ruling, the Maharashtra Co-operative Appellate Court has held that past members of housing societies can directly sue for refund of amounts paid under disputed NOC conditions without needing permission from current flat owners. The court dismissed the society’s challenge to jurisdiction, clarifying that such disputes arising during membership fall squarely under Section 91 of the MCS Act.

Bombay HC Dismisses Marvel Landmarks Petition; Upholds 2019 RERA Refund Order to Homebuyer

In a buyer-friendly ruling, the Bombay HC today refused to quash a 2019 MahaRERA order directing Marvel Landmarks to refund over ₹1.35 crore plus interest to a flat purchaser.
“In a major relief to the State and NHSRCL, the Bombay High Court has allowed the LARR Authority to decide Godrej & Boyce’s ₹1,972 crore compensation claim on merits, including the crucial issue of limitation.”

Maharashtra Clears 4.79 Ha Forest Land in Palghar for Mumbai-Ahmedabad Bullet Train

Maharashtra has approved diversion of 4.798 hectares of forest land in Palghar for the Mumbai-Ahmedabad Bullet Train project, subject to environmental conditions and compliance.