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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.

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.

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.
Real estate stocks opened on a cautious note as Indian markets showed early signs of consolidation. While select developers like DLF and Phoenix Mills saw buying interest, others such as Godrej Properties and Lodha Developers remained under pressure, pointing to a volatile and range-bound trading session ahead.

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.
In a significant ruling, MahaRERA has allowed fresh registration for Parinee Eminence Phase 1 under a new promoter while clarifying that previous homebuyers cannot enforce their agreements against the incoming developer. Old claims remain against the terminated promoter, with a lien created for protection.

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
After two decades of legal battle, the Bombay High Court has ordered the vacation of three shops on a prime 450 sq yard open plot in Bandra, ruling that occupants inducted by the original lessee have no independent right once the head tenancy is terminated.

Bombay HC Ends 20-Year Battle, Orders Eviction from Prime Bandra Plot

After two decades of legal battle, the Bombay High Court has ordered the vacation of three shops on a prime 450 sq yard open plot in Bandra, ruling that occupants inducted by the original lessee have no independent right once the head tenancy is terminated.
RBI

RBI Keeps Repo Rate at 5.25%, Ensures Stable EMIs for Homebuyers

RBI has kept the repo rate unchanged at 5.25%, ensuring stable EMIs and boosting affordability for homebuyers amid global economic uncertainties.