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How the Corporation’s Delay & Bureaucracy Cost City a Playground

In a scathing reminder of bureaucratic lethargy, the Bombay High Court has held that Pune Municipal Corporation lost a reserved playground in Karvenagar to a housing society because it failed to acquire the land within the strict timeline mandated under Section 127 of the MRTP Act

Builder Couldn’t Pay ₹2,000 Cost, MahaRERA Orders ₹25 Lakh+ Refund to Homebuyer

In a telling case, MahaRERA ordered SSK Realtors to refund over ₹25 lakh plus interest after the builder failed to pay even ₹2,000 cost imposed for setting aside an ex-parte order. The homebuyer had booked two flats in the delayed “Tulsi Darshan” project in 2015; the project remains incomplete even in 2026.

Realty Stocks Open Cautious Despite Market Recovery; Sector Shows Mixed Trends in Early Trade

Real estate stocks opened cautiously even as Indian markets rebounded in early trade. While select developers like DLF and Phoenix Mills showed resilience, broader sector sentiment remains weak, pointing to a volatile and stock-specific trading session ahead.

Bombay HC: Safe Homes Trump Builder Profits — Society Wins 13-Year Redevelopment Battle

“In a verdict that will resonate across Maharashtra, the Bombay High Court has held that the lives and safety of housing society members cannot be held hostage to a developer’s commercial interests. After 13 years of complete inaction, the Court refused to block redevelopment, declaring: the right to safe homes must prevail over builder profits.”

Maharashtra Govt to Back ₹6,000 Crore Loan for Purandar Airport Land Acquisition

Maharashtra government approves ₹6,000 crore state guarantee for MIDC loan to acquire land for Purandar Airport near Pune. Full details, conditions, and impact.