ITAT Rules Redeveloped Flat Not Taxable as Other Income: Section 54F Explained
In a significant ruling for property owners and tenants, the Income Tax Appellate Tribunal has…
Category: Real Estate News
Banks Can Deny NOC For Redevelopment of Property?
When a housing society undergoes redevelopment, flats that are under a housing loan are technically…
Can Housing Societies Use Sinking Fund for Structural Repairs Before Redevelopment?
In many aging housing societies, especially those nearing 25–30 years, structural audits often recommend urgent…
Is Rotational Parking Legal in Society Redevelopment?
Parking allocation is one of the most sensitive issues during redevelopment of cooperative housing societies.…
Can Society Deny EV Charging Point Installation in Parking?
With the rapid adoption of electric vehicles (EVs), many residents now seek to install charging…
Virtual Meetings in Housing Societies – Are They Still Allowed After the Pandemic?
During the COVID-19 pandemic, cooperative housing societies across Maharashtra adopted virtual meetings to ensure that…
Maintenance Charges for Unsold Flats – Are Existing Members Liable?
Many residents in newly formed housing societies face disputes regarding maintenance charges for unsold flats.…
Can Developers Force Non-Signatory Society Members Into Arbitration?
Redevelopment of cooperative housing societies often leads to complex legal disputes between developers, societies and…
Can a Flat Be Transferred Through an MoU After the Owner’s Death?
Disputes often arise in cooperative housing societies when a member passes away without clear succession…
Impartial Complaint Handling in Cooperative Housing Societies: Role of Advisory Complaints Committee (ACC)
In many cooperative housing societies, members sometimes feel that the managing committee is biased while…