The Latest
Realty Stocks Open Muted as Dalal Street Signals Weak Start; Select Developers Show Early Resilience
Real estate stocks started the session on a cautious note as Nifty Realty opened flat while broader markets signaled weakness. Select developers showed resilience, but global cues and interest-rate expectations may determine sector direction through the day.
Maharashtra Clears Mangrove Land Diversion for Poisar River STP Project in Mumbai
The Maharashtra government has cleared diversion of mangrove forest land in Borivali for a sewage treatment plant on the Poisar River, marking a key step in Mumbai’s river rejuvenation plans while imposing strict compliance safeguards.
Homebuyers File RERA Complaint – Builder Terminates Agreement 4 Years Later – Authority Says: No Escape
MahaRERA rules builder’s one-sided termination — issued 4 years after homebuyers’ complaint — cannot cancel statutory delay interest rights under RERA while project incomplete, granting interest from Jan 2022 till possession with OC in Ruparel Skygreens I case.
Bombay High Court Overturns Interim Stay: Banks Can Proceed with Fraud Tagging Against Anil Ambani
In a significant ruling on February 23, 2026, the Bombay High Court overturned an interim stay, permitting Bank of Baroda, IDBI Bank, and Indian Overseas Bank to resume fraud-tagging proceedings against Anil Ambani over alleged fund diversion in Reliance entities. This comes as the ED continues its PMLA crackdown, having attached assets exceeding ₹12,000 crore, including the Ambani family’s Pali Hill home in Mumbai.
