cooperative society tax Archives

Realty

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.

SquareFeatIndia
May 18, 2026
2 minute read

Realty

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…

SquareFeatIndia
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.

Realty

13 Key Clusters to Drive 80% of India Warehousing Demand

A Colliers India report reveals that 13 high-activity clusters—including Bhiwandi and…

SquareFeatIndia
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.

Realty

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…

SquareFeatIndia
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.

Realty

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…

SquareFeatIndia
May 16, 2026