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Repo Rate Cut to 5.25%: How Your Home Loan EMI Will Now Fall

RBI has cut the repo rate to 5.25%, triggering a likely fall in home loan EMIs. With affordability pressures rising and buyers sitting on the fence, this move is expected to revive demand across affordable, mid-income, and premium housing. Experts call it the sentiment boost the market needed.

FIR Against Real Estate Developer and Son for Cheating Worth Several Crores in Mumbai

A major FIR has been filed against Ranbir Real Estate & Developers LLP and its associates, accused of defrauding investors of over ₹31 crore by promising high returns and illegal flat sales. Retired pharmacist Mahesh Doshi and possibly 17–18 others were allegedly misled — Mumbai Police has taken up investigation.

🏗️ Realty Stocks Open Flat-to-Positive as Markets Brace for Monetary Policy Announcement

Realty stocks opened on a steady note today with the Nifty Realty index trading flat-to-positive as investors awaited the monetary policy announcement. Large developers gained while mid-caps stayed mixed. Here’s a full analysis of what to expect through the day.

State Allots VHP 1.89 Acres of Land in Sion for a Yearly Rent of ₹10,186

The Maharashtra Government has approved converting a 7,658 sq.m. municipal plot in Sion from leasehold to freehold and leasing it to the Vishva Hindu Parishad (VHP) for 30 years. The land—reserved for medical and educational use—will require the organisation to pay ₹9.72 crore as freehold premium, plus annual ground rent.

SRA Confirms: No Policy Yet for First-Floor Tenants of Chawls; No Redevelopment or Surveys Conducted So Far

SRA has officially stated that no policy exists to rehabilitate first-floor residents of pre-1976 authorized chawls, meaning no redevelopment or surveys have been conducted so far. The clarification responds to queries raised by former MP Gopal Shetty and highlights a major policy gap in Mumbai’s housing system.