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Realty
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Stay updated with the latest news and trends in the realty sector. This tag encompasses various aspects of real estate including property developments, market insights, investment opportunities, and industry news, providing comprehensive coverage for real estate professionals and enthusiasts.
Get the latest news, trends, and insights in the real estate industry. This tag covers a wide range of topics including market analysis, property developments, investment opportunities, and residential and commercial real estate updates. Stay informed about the dynamics shaping the real estate sector.
Realty Stocks Open Steady After Benchmark Rally; Sector Eyes Direction as Momentum Cools
Realty stocks opened on a cautious note despite positive cues from benchmark indices. The sector is consolidating after recent gains, with investors watching interest-rate signals and market momentum for direction.
Raheja Universal’s Deemed Rent Dispute on Unsold Flats Sent for Fresh Calculation
In a key ruling, ITAT Mumbai has sent back Raheja Universal Pvt. Ltd.’s deemed rental income dispute on unsold flats for fresh evidence-based assessment, stressing objective valuation under Section 23(5) while upholding major reliefs for the prominent developer on other issues.
Auction Done, Towers Rising: Court Rejects Builder’s Bid to Bypass ₹125 Crore Deposit
In a blow to the original developer, the Bombay High Court has dismissed Sunshine Builders’ petition, mandating a ₹125 crore deposit to appeal the DRT’s refusal to allow late amendments challenging a 2019 SARFAESI auction. With construction advanced and third-party rights crystallised under Lodha Developers, the court prioritised statutory pre-deposit rules and equities over the builder’s claims.