Browsing Tag

cooperative housing society

15 posts
Bombay HC rules flat agreements don’t give land ownership to societies, sets aside decades-old Thane dispute.

Homebuyers Score Big in Deemed Conveyance: Court Rejects Builder’s TDR Excuse

Homebuyers score big win in deemed conveyance case: Bombay High Court rules builders cannot use TDR as excuse to deny societies their full proportionate land share.
Appellate court awards ₹2 lakh to senior citizen after society failed to resolve years of terrace leakage complaints.

Society’s No to Commercial Use Binding: Court Stops Flat Owners from Conversion

The Thane Co-operative Court has ruled that if a society decides no to commercial activity, its members cannot turn residential flats into business premises.
Appellate court awards ₹2 lakh to senior citizen after society failed to resolve years of terrace leakage complaints.

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.
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.

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.
Bombay High Court allows IL&FS Financial Services to proceed with ₹203.66 crore summary suit against principal borrower Serveall Constructions despite IBC moratoriums

HDIL Sold Non-Existent Flats, Society Denies Membership, Court Says Society Is Right

In a major victory for housing societies, the Bombay High Court has upheld the decision of Dheeraj Dreams CHS Ltd. to deny membership to buyers who purchased “flats” that never existed. HDIL had sold mandatory refuge areas as residential flats years after the developer lost rights over the property. The Court ruled that societies cannot be forced to admit members for non-existent flats as it would violate the law.