Irla CHS: Maharashtra Appellate Court Upholds Removal of 50 Defunct Members

In a landmark order, the Maharashtra State Co-operative Appellate Court has upheld the removal of 50 defunct members from Irla CHS records, ruling that membership automatically ceases upon transfer of interest during redevelopment.

Big Corporates in Mumbai Real Estate: Boon or Barrier?

Big corporates are entering Mumbai real estate, improving trust and delivery—but their holding power may keep prices high. Good or bad for buyers?

Realty Stocks Open in the Green as Nifty Realty Inches Up; Iran Talks, Crude Ease in Focus

Nifty Realty opens at 815.65 on June 22 as Iran-US peace progress cools crude oil. Sobha and Mahindra Lifespace lead gains; Brigade Enterprises drops 2%.

Deemed Conveyance Cannot Be Held Hostage By Builder to Future FSI

A Vile Parle builder’s bid to stall land conveyance citing future construction plans was called “preposterous to the core” by the High Court.

Co-op Appellate Court: Past Members Can Sue Societies for Refund

In a key ruling, the Maharashtra Co-operative Appellate Court has held that past members of housing societies can directly sue for refund of amounts paid under disputed NOC conditions without needing permission from current flat owners. The court dismissed the society’s challenge to jurisdiction, clarifying that such disputes arising during membership fall squarely under Section 91 of the MCS Act.