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Realty Stocks Open in the Green as Nifty Realty Inches Up; Iran Talks, Crude Ease in Focus

Nifty Realty opens at 815.65 on June 22 as Iran-US peace progress cools crude oil. Sobha and Mahindra Lifespace lead gains; Brigade Enterprises drops 2%.

Deemed Conveyance Cannot Be Held Hostage By Builder to Future FSI

A Vile Parle builder’s bid to stall land conveyance citing future construction plans was called “preposterous to the core” by the High Court.

Co-op Appellate Court: Past Members Can Sue Societies for Refund

In a key ruling, the Maharashtra Co-operative Appellate Court has held that past members of housing societies can directly sue for refund of amounts paid under disputed NOC conditions without needing permission from current flat owners. The court dismissed the society’s challenge to jurisdiction, clarifying that such disputes arising during membership fall squarely under Section 91 of the MCS Act.

India’s REIT Boom: ₹2 Lakh Cr Market Set to Transform Real Estate by 2030

REITs are transforming India’s real estate with rising investor participation, better transparency, and a ₹2 lakh crore market opportunity by 2030.

Big Shock for Mumbai Societies: You Cannot Charge Maintenance on Square Feet Basis!

In a landmark ruling, the Maharashtra Co-operative Appellate Court has made it clear — societies cannot levy common maintenance on square feet basis. Every flat pays equally for shared services.