Residential Society Services Exempt from Commercial Tariff
Real Estate

Residential Society Services Exempt from Commercial Tariff

In a recent ruling, the court has declared that common services within housing societies are exempt from commercial power tariffs. The decision marks a significant clarification on the categorization of power tariffs for residential societies, providing relief from potential financial burdens associated with commercial rates.

The court's verdict addresses a common concern among housing societies that utilise common areas and services, such as lighting, elevators, and common amenities. The ruling affirms that these services fall under the residential category, sparing housing societies from the higher power tariffs typically applicable to commercial establishments.

This distinction in power tariff classification is expected to alleviate financial pressures on residents within housing societies, ensuring that they are charged at residential rates for shared services. The ruling aligns with the intent to encourage residential community development without subjecting residents to the cost implications associated with commercial power tariffs.

The decision not only provides clarity on the applicable tariff for housing societies but also sets a precedent for similar cases. It underscores the importance of distinguishing between residential and commercial power tariffs based on the nature of services provided within community living spaces. The ruling is poised to have a positive impact on the financial aspects of managing housing societies and contributes to fostering a conducive environment for residential community development.

In a recent ruling, the court has declared that common services within housing societies are exempt from commercial power tariffs. The decision marks a significant clarification on the categorization of power tariffs for residential societies, providing relief from potential financial burdens associated with commercial rates. The court's verdict addresses a common concern among housing societies that utilise common areas and services, such as lighting, elevators, and common amenities. The ruling affirms that these services fall under the residential category, sparing housing societies from the higher power tariffs typically applicable to commercial establishments. This distinction in power tariff classification is expected to alleviate financial pressures on residents within housing societies, ensuring that they are charged at residential rates for shared services. The ruling aligns with the intent to encourage residential community development without subjecting residents to the cost implications associated with commercial power tariffs. The decision not only provides clarity on the applicable tariff for housing societies but also sets a precedent for similar cases. It underscores the importance of distinguishing between residential and commercial power tariffs based on the nature of services provided within community living spaces. The ruling is poised to have a positive impact on the financial aspects of managing housing societies and contributes to fostering a conducive environment for residential community development.

Next Story
Infrastructure Urban

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Next Story
Infrastructure Urban

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Next Story
Infrastructure Transport

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement