📰 CIDCO Puts 30 Plots Up for E-Auction Near Newly Inaugurated Navi Mumbai Airport

CIDCO is auctioning 30 plots across Navi Mumbai — including Kharghar and Dronagiri — just after the Navi Mumbai Airport inauguration. With base rates up to ₹3.5 lakh per sq.m, the plots are expected to attract intense developer interest. Auction runs from 29 Sept to 16 Oct 2025.

Realty Shares Open Soft as Large Developers Lead, Mid-Caps Falter

India’s realty stocks opened the day with a soft tone. Large developers held up, mid-cap names slumped under selling. The sector appears to be consolidating, awaiting fresh macro and company cues.

🏠 Affordable Housing Gets a Boost as Maharashtra Tweaks Sand Policy; Shorter Leases Aim to Curb Over-Extraction

Maharashtra has revised its sand extraction policy to balance affordable housing goals with environmental safeguards. By shortening lease periods and overhauling pricing, the government aims to curb over-extraction, stabilize sand supply, and keep construction costs in check for PMAY and housing projects.

🏢 Real Estate Stocks End Mixed as Big Developers Gain, Mid-Caps Slip

Real estate stocks saw a mixed session on October 9. Prestige Estates surged 3.5% on strong sales, while mid-caps faced profit-taking. Large developers held steady, but cautious sentiment kept the Nifty Realty index under pressure.

Bombay HC: GR Guidelines for Redevelopment Are Only Directions – No Tender Needed if Majority of Tenants Agree on a Builder

Bombay HC rules GR guidelines for co-op society redevelopment are only directions, not mandatory. Societies can appoint a builder without a tender if the majority of tenants agree, ensuring transparency and proper supervision.