Square Feat India

Real estate stocks came under pressure at market open as the Nifty Realty index slipped sharply amid broad-based selling in developer counters. Heavyweights including DLF and Godrej Properties dragged the sector lower, while investors remained cautious about interest rates, valuations and global market uncertainty.

Realty

Realty Stocks Open Weak as Dalal Street Turns Cautious; Heavyweights Drag Realty Index Lower

Real estate stocks came under pressure at market open as the Nifty Realty index slipped sharply amid broad-based selling in developer counters. Heavyweights including DLF and Godrej Properties dragged the sector lower, while investors remained cautious about interest rates, valuations and global market uncertainty.

May 12, 2026

“4 lakh lives at risk… yet redevelopment was frozen.” The Devadhar Committee report submitted to Bombay HC largely clears MHADA’s Section 79-A path, warning that further delay could prove fatal for Mumbai’s crumbling cessed buildings.

Realty

MHADA 79-A Path Almost Clear: Faster Redevelopment for 12,552 Cessed Buildings

“4 lakh lives at risk… yet redevelopment was frozen.” The Devadhar Committee report submitted to Bombay HC largely clears MHADA’s Section 79-A path, warning that further delay could prove fatal for Mumbai’s crumbling cessed buildings.

May 12, 2026

“Getting approvals, sanctions, environmental clearance, etc., is the builder’s responsibility. Buyers cannot be made to suffer for these delays,” ruled MahaRERA while directing full refund with interest to homebuyers in the Vardhaman Park project.

Realty

Approvals & Clearances Builder’s Duty, Home Buyers Can’t Suffer Delays

“Getting approvals, sanctions, environmental clearance, etc., is the builder’s responsibility. Buyers cannot be made to suffer for these delays,” ruled MahaRERA while directing full refund with interest to homebuyers in the Vardhaman Park project.

May 12, 2026

A Mira Road builder collected over ₹28 lakh from a homebuyer across four years, never once executed an Agreement for Sale, then cancelled his flat for "non-payment." The Maharashtra Real Estate Appellate Tribunal wasn't buying it — and delivered one of the most comprehensive homebuyer-friendly rulings in recent memory.

Realty

Builder Pockets 90% of Your Money,Then Cancels Your Flat — Tribunal Says: Not on Our Watch

A Mira Road builder collected over ₹28 lakh from a homebuyer across four years, never once executed an Agreement for Sale, then cancelled his flat for “non-payment.” The Maharashtra Real Estate Appellate Tribunal wasn’t buying it — and delivered one of the most comprehensive homebuyer-friendly rulings in recent memory.

May 12, 2026

A homebuyer paid in full for a flat in Kanakia Hollywood, Versova, took possession in 2019, and now cannot sell it because BEST is refusing NOC. MahaRERA has outright rejected his complaint, leaving him to fight alone. A classic case of “buyer beware” in leasehold projects.

Realty

MahaRERA Orders Interest for Delayed Possession in Kalyan’s Vrundavan Project

MahaRERA directs Shree Vasturachana Developers to pay interest for delayed possession in Vrundavan project, Kalyan, as physical handover without OC ruled invalid. Buyer wins compensation under Section 18.