The Latest
Realty Stocks Open Mixed as Markets Stabilise; Select Developers See Buying Amid Weak Sector Trend
Real estate stocks opened on a mixed note as Nifty Realty attempted to stabilise after recent declines. While select developers like DLF and Phoenix Mills saw buying, broader weakness persists, pointing to a range-bound and volatile trading session.
Homebuyers Are Vulnerable, Developers Not on Equal Footing: Bombay High Court
In a powerful pro-homebuyer verdict, the Bombay High Court has held that allottees are “generally very vulnerable” and cannot be placed on equal footing with promoters, clearing the way for withdrawal of deposited refund amounts during developer appeals.