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In a key ruling, ITAT Mumbai allowed Valencia Co-Operative Housing Society in Powai to claim tax deduction on interest earned from co-operative bank deposits, clarifying when housing societies can legally avoid tax on such income.

Big Changes Ahead for Housing Societies? Maharashtra Sets Up High-Level Panel to Rewrite Cooperative Law

Maharashtra has set up a high-level expert committee to overhaul the Cooperative Societies Act and related rules—a move that could significantly impact housing society governance, elections and member rights across the state.
  • January 3, 2026
Homebuyers Can Face Jail Too for Disobeying MahaRERA Tribunal Orders?

Do You Know Homebuyers Can Face Jail Too for Disobeying MahaRERA Tribunal Orders?

RERA is not just about punishing builders. Under MahaRERA, even homebuyers can face penalties—and jail—for ignoring Tribunal orders. Here’s what the law actually says.
  • January 2, 2026
In a ruling that clarifies the scope of RERA protections, MahaRERA has held that an initial investment later converted into a registered flat purchase creates a valid allottee-promoter relationship, entitling the complainant to withdraw from a delayed project and claim full refund with interest, irrespective of COVID-related extensions.

MahaRERA Orders Interest for Delay in Gulraj Trinity Project, Allows 15 Homebuyer Complaints

MahaRERA has ordered Reliable Builders & Developers to pay interest for delayed possession to 15 homebuyers in the Gulraj Trinity project, holding that contractual possession dates cannot be overridden by unilateral extensions.
  • January 2, 2026
Bombay HC quashes ₹3 Cr+ stamp duty demand against Romell Real Estate in Malad slum redevelopment case. Court rules Permanent Transit Camp (PTC) cannot be added to consideration per Guideline 26 & holds CCRA order time-barred beyond 6-year limit under Section 53A.

After 38 Years, Bandra Property Dispute Between Brothers and Sister Finds Peace

A 38-year-old sibling rivalry over a heritage home in Bandra West concludes as the Bombay High Court upholds the denial of probate to Maria Coelho’s 1982 Will, citing unresolved suspicious circumstances, in a final judgment that emphasizes the propounder’s duty to dispel doubts in testamentary matters.
  • January 2, 2026
Real estate stocks opened mixed after Indian markets began trading cautiously on March 12. While developers like DLF and Godrej Properties saw early buying interest, others such as Lodha Developers and Phoenix Mills traded lower, indicating a volatile session ahead for the sector.

🏗️ Realty Stocks Open Steady as Markets Kick Off; Investors Await Fresh Catalysts Through the Day

Realty stocks opened flat to steady this morning, with large developers holding up as mid-caps showed mixed movement. The sector remains in consolidation as investors watch for fresh catalysts through the trading session.
  • January 2, 2026