Mumbai Co-operative Court Orders Kandivali Housing Society To Refund ₹50,000 Parking Deposit With 6 Per Cent Interest
Mumbai, October 30, 2026: The Mumbai Co-operative Court has directed RNA Regency Park Tower Co-operative Housing Society in Kandivali (West) to refund ₹50,000 retained from a parking deposit collected from two flat owners, after the society adjusted the amount towards its repair expenses. The society has been directed to pay the amount with six per cent annual interest from January 30, 2022,…
The Mumbai Co-operative Court has ruled that the Kandivali Housing Society must refund ₹50,000 to two flat owners, Jignesh Khiraiya and his mother Kusum Khiraiya, along with six per cent annual interest. The society had collected the parking deposit when the owners purchased their flats in 2017. However, the court found that the society had not provided enough evidence to justify retaining the balance from the flat owners.
The court noted that the society had not produced any repair accounts, contractors' bills, vouchers, payment records or audited statements to prove the alleged expenditure of around ₹9 lakh. The court awarded interest from January 30, 2022, the date when the society received a written demand for repayment.
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