10TH AUGUST 2018

If you cannot read this email, please click here


MCHI-CREDAI

MCHI NEWS

     

State to earn Rs. 6.5 crore in property transaction dues

Publication: THE HINDU Date : 10 AUGUST 2018
The State government will recover dues of Rs. 6.5 crore from individuals and organisations that carried out property transactions in Mumbai during a four-month stay on the 2017-18 Ready Reckoner (RR) rates.

MAHARERA NEWS

     

Top housing portals receive notices from MahaRERA

Publication: THE ASIAN AGE Date : 10 AUGUST 2018
Mumbai: Web portals like housing.com and 99 acres have been sent a notice by MahaRERA after it received a complaint from the Mumbai Grahak Panchayat (MGP) against realty advertisements being published on such sites.

INFRA NEWS

     

To unclog central Mumbai, BMC proposes flyover from Hindmata to Tulsi Pipe Road

Publication: HINDUSTAN TIMES Date : 10 AUGUST 2018
A BMC official said, “Traffic jams will paralyse central Mumbai if there is no alternative to Tilak Bridge or Elphinstone Bridge when they undergo reconstruction. Foreseeing this scenario,

CITY NEWS

     

Guidelines for construction near Arthur Rd prison eased

Publication: TIMES OF INDIA Date : 10 AUGUST 2018
Mumbai: The Maharashtra government has eased rules on construction activities around Arthur Road jail. The notification in this connection is likely to be issued in a day or two.
     

How much a house costs in Mumbai

Publication: MINT Date : 10 AUGUST 2018
With increasing urban population, buying a house in a large city, has become difficult —the main obstacle being cost
     

In a first, Sub Divisional Officer asks builder to refund homebuyer

Publication: DNA Date : 10 AUGUST 2018
In a first, the tahsildar (Sub Divisional Officer) of Kalyan issued a final notice against a developer in order to recover the dues he owes a homebuyer.
     

Bombay High Court rejects pleas of development works on hills

Publication: DNA Date : 10 AUGUST 2018
The Bombay High Court (HC) has rejected a bunch of petitions filed by housing societies and private developers, challenging a 2017 National Green Tribunal order

REALTY NEWS

     

Investors eyes smaller cities realty, says JLL

Publication: THE ASIAN AGE Date : 10 AUGUST 2018
Mumbai: With sentiments in the realty sector improving, retail investors are focusing on projects in smaller towns and cities due to better growth prospects.
     

Houses worth Rs 3 lakh crore face construction delays: Report

Publication: ECONOMIC TIMES Date : 10 AUGUST 2018
According to industry bodies, there has been robust demand for ready-to-move-in projects and new launches in the last two quarters

 

CREDAI-MCHI,

 Maker Bhavan II, 4th Floor, 18,
Sir Vithaldas Thakersey Marg, New Marine
Lines, Mumbai - 400 020.
T: 022 - 42121421
E: secretariat@mchi.net