The real estate sector has emerged as a powerhouse, with the BSE Realty index recording substantial weekly gains. This momentum can be traced back to the Reserve Bank of India's repo rate cut, which has sparked renewed interest in property investments. Leading the charge is Sobha, whose stock has taken off, joined by gains in Financial Services and Metal sectors.
The terms of their settlement, recently filed before the Bombay High Court, clearly spell out that younger brother Abhinandan has no rights to use the word ‘Lodha’ in isolation for any real estate business. The brothers also agreed that neither owed the other any money.