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Realty Stocks Advance at Open as Crude Hits $72; Nifty Realty Among Top Sector Performers

Nifty Realty opens among top sector performers on June 25 as Brent crude falls to $72 and Micron’s blowout results send Asian markets and realty stocks higher.

Homebuyers Can Claim Interest for Delayed Possession Even If They Stay in the Project

In a strong pro-homebuyer ruling, the Bombay High Court has held that allottees who continue with a delayed project do not lose their statutory right to claim interest under Section 18 of RERA. The Court dismissed the promoter’s appeal and upheld interest from the original due date of possession.

Maharashtra Clears ₹17,306 Crore Elevated Bridge and Tunnel to Fix Bhayandar-Gaimukh Bottleneck

Maharashtra approves a ₹17,306 cr elevated bridge and tunnel linking Bhayandar to Gaimukh, offering a new bypass to the congested Western Express Highway.

Maharashtra Approves ₹5,575 Crore Navi Mumbai Metro Lines 1A & 2 to Connect NMIA

Maharashtra approves ₹5,575 cr Navi Mumbai Metro Lines 1A & 2 spanning 17.09 km across 12 stations, connecting Belapur and Pendhar to NMIA by 2031.

Maharashtra Releases ₹26.97 Crore NDB Loan for Mumbai Metro Lines 2A, 2B & 7

Maharashtra approves ₹26.97 cr NDB loan release to MMRDA for Metro Lines 2A, 2B & 7, taking total funding to ₹1,020 cr across 13 tranches.