AFFORDABLE HOUSING NEWS

Measures needed to pave the way for an efficient affordable housing market

Publication:THE INDIAN EXPRESS Date : 02 JUNE 2018

Rapid urbanisation is a reality for emerging markets and India is no exception. Currently, urban India houses 377 million people, making up 32 per cent of the country’s population.

RERA NEWS

Maharashtra RERA tribunal exposes false story of teerth realties

Publication: ECONOMIC TIMES Date : 02 JUNE 2018

In an interesting order, the Maharashtra Real Estate Regulatory Authority (MahaRERA) Appellate Tribunal has exposed a fabricated story of a developer.

Pune Maha-Rera court resolves 40 cases in less than three months

Publication: HINDUSTAN TIMES Date : 02 JUNE 2018

In a major relief to the flat buyers across the city, the Maharashtra real estate regulatory authority (Maha-Rera) court in Pune, since its inception around two and half months ago, has resolved 40 cases.

CITY NEWS

The inception: How a people's movement changed the idea of redevelopment in Mumbai

Publication: DNA Date : 02 JUNE 2018

In the year 1980, Mrunal Gore, a leading socialist, unwittingly laid the foundation stone of self revelopment in the city.

In 1 year, 600 eviction notices issued to Bhendi Bazaar residents

Publication: DNA Date : 02 JUNE 2018

Last year, when the Hussaini building in Bhendi Bazaar collapsed, it killed over a dozen people and caused a major panic amongst the residents.

Self redevelopment: Yes you can

Publication: DNA Date : 02 JUNE 2018

Whether to fulfill the wish to reside in a bigger home or to save oneself from the dangers of a dilapidated building, redevelopment remains a frequent demand of most residents of old buildings and societies.

State to plant 13m saplings this year

Publication: THE ASIAN AGE Date : 02 JUNE 2018

Mumbai: In an attempt to increase the green cover in Maharashtra, the forest department has set up a committee to supervise the implementation of plantation drives.

REALTY NEWS

Homebuyers’ problems must be resolved upfront: Govt to realtors

Publication: FINANCIAL EXPRESS Date : 02 JUNE 2018

It is estimated that real estate and construction companies can save as much as 80% in pre-construction stages by optimising their procurement processes. The benefits can be passed on to homebuyers and all stakeholders.

Realty players teaming up to cut costs, debt

Publication: BUSINESS LINE Date : 02 JUNE 2018

With land prices soaring through the roof, real estate developers are opting for asset-light models to grow business through joint development (JD) and development management agreements (DMAs).