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SRA redevelopment

4 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.

Full Payment to Builder Is NOT a Pre-Condition for Society Membership

In a landmark ruling, the Bombay High Court held that full payment to a builder is not a prerequisite for membership in a cooperative housing society. The court restored deemed membership for a MOFA flat buyer, emphasizing that statutory rights under the Maharashtra Ownership Flats Act cannot be denied due to payment disputes.
In a massive win for Mumbai landowners, Bombay HC slams MMRDA: "You can't force TDR—pay cash as law demands!"

Senior Citizens First: Builders Face Removal If Redevelopment Delays Leave Elderly Roofless

Senior citizens affected by delayed redevelopment now have real protection. Backed by Bombay High Court orders, the Maharashtra Housing Department’s December 15 GR empowers authorities to monitor projects, hear grievances and even remove defaulting builders across MHADA, SRA, BMC and MMRDA redevelopments.
Mumbai BJP chief MLA Ameet Satam has called for the extension of the self-redevelopment policy to SRA projects. If approved, the move could speed up redevelopment for 286 slum buildings in Chandivali and benefit lakhs of Mumbaikars.

BJP Wants to Extend the Self-Redevelopment Policy for SRA Too

Mumbai BJP chief MLA Ameet Satam has called for the extension of the self-redevelopment policy to SRA projects. If approved, the move could speed up redevelopment for 286 slum buildings in Chandivali and benefit lakhs of Mumbaikars.
Tallest SRA tower

Tallest SRA towers

 In a major SRA housing milestone, Mumbai-based redevelopment major Omkar Realtors has…