Bombay High Court Allows ₹86 Crore Nevatia Family Estate Dispute to Proceed to Trial; Brother’s Limitation Challenge Rejected

In a setback for Dileep Balkrishna Nevatia, the Bombay High Court has allowed his brother Shishir’s suit seeking administration of their late parents’ estates and recovery of over ₹86 crore in alleged damages to proceed to trial, holding that the suit is not barred by limitation.

Bombay High Court Dismisses 13-Year-Old PIL Challenging Luxury Redevelopment on Altamount Road, Mumbai

In a sharp rebuke to misuse of public interest litigation, the Bombay High Court on April 8, 2026, dismissed a 13-year-old PIL challenging the redevelopment of a luxury tower on Altamount Road, calling it a private grievance disguised as a public cause. The court noted that the building was already constructed and partly occupied as per valid approvals, with no proven safety hazards.

Maharashtra Extends Govt Land Lease Tenure to 49 Years, Renewable Up to 98 Years

Maharashtra has extended government land lease tenure to 49 years with a renewal option up to 98 years, aiming to boost commercial development and increase state revenue.

Realty Stocks Open Weak After Sharp Rally; Sector Turns Volatile in Early Trade

Real estate stocks opened under pressure on April 9 as Indian markets slipped after a sharp rally. While select large developers showed resilience, broader selling in mid-cap realty stocks points to a volatile and range-bound session ahead.

SRA Dream Turns Nightmare: Kurla Homebuyers Lose Flats Despite Paying Crores

MahaRERA has permitted a fresh RERA registration for the stalled Sapphire I project in Kurla, giving the new developer a clean slate while protecting original allottees through abeyance of the old registration and a lien on reimbursement funds payable to the terminated promoter ITMC