10TH APRIL 2018

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MCHI-CREDAI

CRZ NEWS

     

CM Fadnavis pushes for CRZ tweaking, Centre’s nod for slum redevelopment

Publication: TIMES OF INDIA Date : 10 APRIL 2018
MUMBAI: The state is aggressively pushing for redevelopment of shanties in line with the Prime Minister Narendra Modi’s ambitious ‘Housing for All by 2022’ project.   

MMRDA  NEWS

     

MMRDA lacks proper account of lease revenue: CAG

Publication: THE ASIAN AGE Date : 10 APRIL 2018
Mumbai: A Separate Audit Report (SAR) of the Mumbai Metropolitan Region Development Authority (MMRDA) has revealed that the authority allegedly did not maintain any account of additional premium dues
     

MMRDA restarts survey of salt pan land in Mumbai, ignores its own warning

Publication: HINDUSTAN TIMES Date : 10 APRIL 2018
The Mumbai Metropolitan Region Development Authority (MMRDA) has started re-assessing if it can carry out development on salt pan land in the city, ignoring its 2016 report that stated

DUMPING GROUND NEWS

     

Mumbai civic body says developers won’t get construction nod till they submit debris dumping plan

Publication: HINDUSTAN TIMES Date : 10 APRIL 2018
Builders will have to take adequate steps for disposal of construction debris before seeking permission for new construction in Mumbai.

OTHER CITY NEWS

     

High-rise buildings are blocking sunlight, affecting human health, green cover: Study

Publication: HINDUSTAN TIMES Date : 10 APRIL 2018
As high-rise buildings fill the city, a first-of-its-kind study by the Environment Policy and Research India (EPRI) analysed how these buildings are blocking sunlight falling on low-rise structures built earlier.
     

Dahisar wetlands turns into parking lot for tourist buses again

Publication: HINDUSTAN TIMES Date : 10 APRIL 2018
Hundred tourist buses were found illegally parked near the mangroves and water body along the new link road in Dahisar on Sunday, more than a year after action was taken against a similar encroachment at the same spot.

REALTY NEWS

     

Builders expect rise in Delhi-NCR property prices in FY19

Publication: BUSINESS STANDARD Date : 10 APRIL 2018
A total of 75 per cent of real estate developers expect property prices to rise in Delhi and the National Capital Region (NCR) in the financial year 2018-19, a survey by online trading platform OLX showed on Monday.   
     

Office space demand from IT companies slows down due to consolidation

Publication: LIVE MINT Date : 10 APRIL 2018
Mumbai: Demand for office space from information technology (IT) companies has been declining over the past three years as the sector moves into consolidation mode
     

PNB fraud fallout: Banks put brakes on real estate loans

Publication: LIVE MINT Date : 10 APRIL 2018
Bengaluru/Mumbai: Banks have slowed lending to real estate companies, typically considered a high-risk sector, following the $2 billion fraud at state-run Punjab National Bank (PNB),

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