🏗️ Realty Stocks Stay Range-Bound in Morning Trade: Large Developers Hold Firm as Mid-Caps Struggle for Direction

Real estate stocks traded flat on Tuesday with the Nifty Realty Index up 0.3%, led by large developers while mid-caps lagged. The sector remains steady as investors await festive booking data and project announcements to set the next trend.

Even Unregistered Allotment Letters Before RERA Hold Value If Money Was Paid and Flats Promised

MahaRERA’s latest order states that even pre-RERA allotment letters are valid proof of flat booking if money was paid and possession was promised. AAP Realtors and Samta Builders have been ordered to refund or allot alternate flats in the Tirumala Habitats project, with a ₹1 lakh penalty for non-disclosure.

🏗️ Realty Stocks End Week’s First Session Flat: Market Awaits Festive Booking Data to Drive Next Move

Indian realty stocks closed flat on Monday, with the Nifty Realty Index up 0.2% as traders awaited festive booking data. Large developers held steady while mid-caps weakened. Analysts see the market in consolidation, awaiting fresh cues to drive direction.

Interested in Real Estate? Keep an Eye on India’s 9 Emerging Cities Beyond the Metros!

Real estate enthusiasts, take note! India’s 9 emerging cities, boasting a combined INR 9.9 trillion GDP and 70 million sq. ft. of office space, are the new hotspots to watch beyond metros, according to a latest JLL report.

Harshad Mehta Scam Echoes: Prime Juhu Flat Heads to Auction in Ongoing Recovery Drive

Three decades after the Harshad Mehta securities scam shook India’s markets, a prime Juhu flat owned by his late associate Sushila J Shah is up for auction. Valued at 1,150 sq ft in upscale Vandana CHS, this sale follows previous disposals like the Dalamal Chambers unit, as authorities push to recover billions in losses.