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The Enforcement Directorate has facilitated the payment of ₹311.67 crore towards long-pending dues of former Kingfisher Airlines employees, following a DRT Chennai order releasing funds from PMLA-attached assets linked to Vijay Mallya.

Kingfisher Airlines Employees to Receive ₹311.67 Crore as ED Facilitates Long-Pending Dues

The Enforcement Directorate has facilitated the payment of ₹311.67 crore towards long-pending dues of former Kingfisher Airlines employees, following a DRT Chennai order releasing funds from PMLA-attached assets linked to Vijay Mallya.
  • December 20, 2025
In a landmark decision, the Maharashtra Real Estate Appellate Tribunal ruled that developers cannot cancel registered sale agreements merely because of delayed payments — a major win for Indian homebuyers and a strong reinforcement of legal protections under RERA and property law.

Housing Society Treated as Promoter in Redevelopment Dispute If It Shares..

In a key redevelopment ruling, the Maharashtra Real Estate Appellate Tribunal has held that housing societies sharing FSI or constructed area with developers can be treated as promoters under RERA and held liable to homebuyers for delay.
  • December 20, 2025
In a setback to the housing society, the Maharashtra State Co-operative Appellate Court has allowed renovation work for a nursing home to continue on the first floor of Mahatma Phule Bhavan CHS in Vashi, citing current UDCPR provisions that permit such facilities in residential zones. The main dispute remains pending.

Amit Shah Approaches MahaRERA Against Builder In Indiabulls Project

MahaRERA has ruled in favour of homebuyer Amit Shah, allowing him to exit the Indiabulls Savroli-2 project and ordering a refund with interest after finding illegal fund collection, non-execution of an agreement for sale, and over ten years of delay.
  • December 19, 2025
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 on a Steady Note as Markets Resume; Sector Awaits Intraday Triggers

Realty stocks began the day on a steady note, with large developers anchoring the sector and mid-caps trading mixed. Investors are watching intraday triggers to set the day’s direction.
  • December 19, 2025
“Being the owner gives you preferential rights, but not unlimited time.” In a firm order, SRA removes a private landowner as developer after three years of zero progress on a Lower Parel slum scheme, prioritising slum dwellers’ right to timely rehabilitation.

Bombay High Court: Tenancy Land Cannot Be Given by Will, Goes Back to Husband’s Family

The Bombay High Court has held that agricultural land purchased under tenancy laws cannot be bequeathed by Will within the statutory restriction period and must revert to the husband’s heirs when inherited by a widow who dies without children.
  • December 19, 2025