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Housing Societies Can Claim Tax Relief on Interest Only from These Banks – Mumbai ITAT restores case of Chembur society and directs fresh verification as per Supreme Court judgment.

Housing Societies Can Claim Tax Relief on Interest Only from These Banks

Housing Societies Can Claim Tax Relief on Interest Only from These Banks – Mumbai ITAT restores case of Chembur society and directs fresh verification as per Supreme Court judgment.
  • May 18, 2026
India’s warehousing absorption rebounded sharply by 64% in Q3 2025, with Mumbai contributing nearly half of the national demand and Kolkata recording its highest-ever quarterly leasing, according to Vestian.

13 Key Clusters to Drive 80% of India Warehousing Demand

A Colliers India report reveals that 13 high-activity clusters—including Bhiwandi and Chennai hubs—will drive up to 80% of India’s industrial and warehousing demand in the coming years.
  • May 17, 2026
In a major relief to housing societies, ITAT Mumbai has ruled that a Goregaon co-op society need not pay ₹11.38 crore tax on a 2015 redevelopment agreement that never materialised. The Tribunal held that notional stamp duty value does not constitute real income for the society.

Society Told to Pay ₹11.38 Crore as Income from Redevelopment

In a major relief to housing societies, ITAT Mumbai has ruled that a Goregaon co-op society need not pay ₹11.38 crore tax on a 2015 redevelopment agreement that never materialised. The Tribunal held that notional stamp duty value does not constitute real income for the society.
  • May 16, 2026
India’s retail leasing touched 3.1 million sq ft in Q1 2026, led by metro cities, while a 46 million sq ft pipeline is set to fuel long-term sector growth.

India Retail Leasing Hits 3.1 Mn Sq Ft in Q1 2026; 46 Mn Sq Ft Pipeline Signals Next Growth Cycle

India’s retail leasing touched 3.1 million sq ft in Q1 2026, led by metro cities, while a 46 million sq ft pipeline is set to fuel long-term sector growth.
  • May 16, 2026
Maharashtra’s latest GR removes the maximum age limit for security guards, introduces job protections, and simplifies registration rules—impacting housing societies and employers across the state.

Maharashtra Eases Security Guard Rules, Removes Age Cap and Protects Jobs

Maharashtra’s latest GR removes the maximum age limit for security guards, introduces job protections, and simplifies registration rules—impacting housing societies and employers across the state.
  • May 16, 2026