Browsing Tag

Maharashtra housing

22 posts
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.

Bombay HC: GR Guidelines for Redevelopment Are Only Directions – No Tender Needed if Majority of Tenants Agree on a Builder

Bombay HC rules GR guidelines for co-op society redevelopment are only directions, not mandatory. Societies can appoint a builder without a tender if the majority of tenants agree, ensuring transparency and proper supervision.
MHADA

MHADA Extends Deadline for Registration in E-Auction of 71 Commercial Premises in Konkan Region

MHADA’s Konkan Board has extended the deadline to October 10, 2025, for registration in the e-auction of 71 commercial premises in Virar Bolinj and Chitalsar Manpada. The online auction will be held on October 15, with results to be declared the next day.
MHADA

MHADA Konkan Board Lottery 2025 Deadline Extended to September 12; Draw on October 9

The MHADA Konkan Board has extended the application deadline for its 2025 housing lottery to September 12. With over 1.49 lakh applications received for 5,285 flats and 77 plots, the computerised lottery draw will be held on October 9, 2025, at Dr. Kashinath Ghanekar Natyagriha in Thane.
Based on the provided news article, here is an excerpt that captures the essence of the ruling: "In a significant legal victory for homebuyers, the Maharashtra Real Estate Appellate Tribunal (MahaRERA Tribunal) has delivered a detailed order affirming the retroactive power of the Real Estate (Regulation and Development) Act, 2016 (RERA Act). The ruling came in the appeals of two allottees from an incomplete project in Malad, solidifying the protection RERA offers to consumers even for agreements made before the law was enacted.

MahaRERA to Fast-Track Complaint Hearings in Exceptional Cases, Issues Detailed Guidelines

MahaRERA has issued detailed guidelines allowing certain complaints to be heard on priority, bypassing the usual seniority order. Cases involving life-threatening illness, court orders, mutual settlements, or withdrawal requests can now receive expedited hearings if proper documents are submitted.
MHADA

MHADA Sets Target to Construct 19,497 Houses in FY 2025-26

The Maharashtra Housing and Area Development Authority (MHADA) has set a target to construct 19,497 housing units across the state in the financial year 2025-26. With a budget allocation of ₹15,951.23 crore, Mumbai alone will see 5,199 new units, focusing on key redevelopment projects like BDD Chawl, Goregaon Siddharth Nagar, and more.