Oberoi Realty Wins Highest Bid of ₹5,400 Crore for 11-Acre Railway Land in Mumbai’s Bandra East

Oberoi Realty has won the bid for an 11-acre prime railway plot in Bandra East at ₹5,400 crore NPV, offering massive development scope with 19.50 lakh sq ft FSI over a 99-year lease from RLDA. Upfront payment ₹495 crore, balance via 45% revenue share.

🏗️ Realty Stocks Stay Resilient as Markets Open; RBI’s Steady Repo Rate Lends Support to the Sector

Real estate stocks opened steady and held ground after the RBI kept the repo rate unchanged at 5.25%, reinforcing stability for homebuyers and developers alike.

Soft possession without OC is not lawful possession: MahaREAT rules in favour of homebuyer

In a major win for homebuyers, MahaREAT has ruled that “soft possession” without an Occupation Certificate does not count as lawful possession under RERA.

Knowledge Realty Trust Posts Strong Q3 FY26 Results; Revenue Jumps 21%, Distributions at ₹6,953 Million

Knowledge Realty Trust delivered strong Q3 FY26 performance with revenue rising 21% year-on-year and NOI up 19%. Robust leasing activity, improving debt metrics, and inclusion in the FTSE EPRA Nareit index underline growing investor confidence.

Bombay High Court Rules Basement & Parking Purchase Does Not Confer Cooperative Housing Society Membership

Bombay HC dismisses plea: Basement & parking not a ‘flat’ under MCS Act → no membership in coop society. Justice Borkar upholds strict sanctioned-plan rule.