Society’s No to Commercial Use Binding: Court Stops Flat Owners from Conversion

The Thane Co-operative Court has ruled that if a society decides no to commercial activity, its members cannot turn residential flats into business premises.

Realty Stocks Hold Ground as Q1 FY27 Begins; IT Rout and Iran Talks Keep Pressure On

Realty stocks open July 1 at 823.25 on the Nifty Realty index after defying the broader market on June 30. Godrej, Phoenix, DLF hold gains as Q1 FY27 begins.

One Member Complaint Insufficient to Trigger Enquiry Against Managing Committee

Bombay HC holds that Registrar cannot order Section 83 enquiry solely on one member’s complaint. Independent application of mind is mandatory for suo moto action under the MCS Act.

Mumbai Property Sales Rise But Stamp Duty Revenue Falls — Market Signals Deep Distress

More buyers, less money: Mumbai registered 13,316 properties in June 2026 but stamp duty revenue fell. A market running on volume, losing value.

Rs 143.45 Cr FSI Deal: Keystone Buys from Parth in Andheri SRA Project

In a Rs 143.45 crore deal, Keystone Realtors has purchased 8,800.74 sqm of sale FSI from Parth Construction’s SRA Composite Building in Village Majas, Andheri, for clubbing to its Versova project.