10TH TO 12TH MARCH 2018

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MCHI-CREDAI

10TH MARCH 2018 NEWS

MCHI NEWS

     

Developers expect better sales this Gudipadwa

Publication: DNA Date : 10 MARCH 2018
Gudipadwa is the last hope on which developers are pinning their hope. The festival popular among developers to find home buyers has seen many developers giving away discounts.

RERA NEWS

     

Maharashtra: RERA dismisses slum-dwellers’ plea for revoking society projects

Publication: FREE PERSS JOURNAL Date : 10 MARCH 2018
Mumbai: The Maharashtra Real Estate Regulatory Authority (MahaRERA) dismissed a complaint filed by a member of slum dwellers society regarding revoking project for alleged illegalities by the developer in a rehabilitation scheme.

INFRA NEWS

     

Big boost for infra projects

Publication: THE ASIAN AGE Date : 10 FEBRUARY 2018
MUMBAI: In a bid to complete infrastructure projects before the 2019 polls, the state government has focused on improving suburban railway services, completing metro rail, constructing road network and utilising sea route.
     

Maharashtra Budget 2018-19 | Highlights: ₹7,502 cr approved for Bandra-Versova sea link

Publication: HINDUSTAN TIMES Date : 10 MARCH 2018
The Bharatiya Janata Party-led state government presented its fourth budget in the legislature on Friday afternoon.
     

Maha budget: Work on Mumbai-Nagpur Expressway to start in April

Publication: HINDUSTAN TIMES Date : 10 MARCH 2018
The construction of the ambitious Mumbai – Nagpur Super Communication Expressway will start in April, said state finance minister Sudhir Mungantiwar while presenting Maharashtra’s budget for the year 2018-19. The 701-km expressway Greenfield project,

11TH MARH 2018 NEWS

MAHARERA NEWS

     

MahaRERA conciliation forum resolves 5 cases on day 1 of hearing

Publication: DNA Date : 11 MARCH 2018
The conciliation forum of the Maharashtra Real Estate Regulatory Authority (MahaRERA) heard 16 cases on the day one. While 5 issues were resolved, parties decided to sign the conciliation note on a later day in the sixth case.
     

MahaRERA's Historic Decision: Buildings Having Residents But No OC Will Have To Register With MahaRERA

Publication: MUMBAI LIVE Date : 11 MARCH 2018
The conciliation forum of the Maharashtra Real Estate Regulatory Authority (MahaRERA) heard 16 cases on the day one. While 5 issues were resolved, parties decided to sign the conciliation note on a later day in the sixth case.

CITY NEWS

     

Mumbai: Property tax worth Rs 5,094 crore locked in disputes

Publication: THE INDIAN EXPRESS Date : 11 MARCH 2018
The BMC last week sealed seven residential and commercial properties in the city, including vacant plots owned by construction companies, a property owned by corporate company, a cinema hall, and properties
     

Six railway stations in Navi Mumbai to get new platforms

Publication: HINDUSTAN TIMES Date : 11 MARCH 2018
The Central Railway (CR) has decided to give a separate track to the trains running on trans-harbour line.

12TH MARCH 2018 NEWS

INFRA NEWS

     

‘Mumbai to have 300-km Metro in 5-6 years’, says metropolitan commissioner

Publication: THE INDIAN EXPRESS Date : 12 MARCH 2018
"We will take extra precautions which are required to ensure that the fire incident should not happen, and if at all there is such eventuality we will take whatever precautions needed so there is no loss of life or harm to any person," says
     

Mumbai-Nagpur Expressway construction may lead to illegal hunting

Publication: DNA Date : 12 MARCH 2018
A report prepared by the Maharashtra State Road Development Corporation (MSRDC) has revealed that chances of illegal hunting may arise during the construction of the 701 km-long Mumbai-Nagpur Expressway.

CITY NEWS

     

Maharashtra using drones to map villages and towns

Publication: BUSINESS STANDARD Date : 12 MARCH 2018
The Maharashtra government is using drones mounted with high resolution cameras to speed up the exercise of mapping villages and towns in the state.
     

Tax defaulters beware: Mumbai civic body seals properties of 7 top offenders

Publication: HINDUSTAN TIMES Date : 12 MARCH 2018
The Brihanmumbai Municipal Corporation (BMC), which is starting to feel the pinch after the abolition of octroi last year, has started a crack down against property tax defaulters on a war footing

REALTY NEWS

     

‘Make In India’ delivery patchy: Here’s why rethinking is needed

Publication: FINANCIAL EXPRESS Date : 12 MARCH 2018
Make-in-India is one of the key cornerstones of the current government to raise growth rates and create employment. It has been almost four years since the initiative was launched, with much hope and fanfare.
     

Developers wary of Maharashtra's plan to include real estate in MPID

Publication: DNA Date : 12 MARCH 2018
The suggestion by the state government to include real estate companies in the The Maharashtra Protection of Interest of Depositor Act (MPID) which is mainly to book those who float Ponzi schemes and focused to recover investors' money has shaken the industry.
     

Real estate developers in a bind over charging GST for affordable homes

Publication: BUSINESS STANDARD Date : 12 MARCH 2018
In the 2017 budget, the government accorded infrastructure status for affordable projects to help such projects raise loans at lower rates
     

Homebuyers may get a say in insolvency proceedings for real estate companies

Publication: ET REALTY Date : 12 MARCH 2018
If adopted, the move will cheer those who have acquired residences from cos such as Jaypee, Unitech and Amrapali and find themselves at the back of the queue when it comes to seeking recompense
     

DB Realty in advance talks with Rustomjee for Mumbai project

Publication: ET REALTY Date : 12 MARCH 2018
The agreement for the project, with estimated revenue potential of ₹5,000 crore, will be a tripartite pact, given that DB Realty itself had entered into an agreement with Thackersey family and Bhishma Realty, erstwhile owners of this mill land

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