11TH AUGUST 2017

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MCHI-CREDAI

MCHI NEWS

     

8 QUESTIONS EVERY HOME-BUYER SHOULD ASK...

Publication: TIMES OF INDIA Date : 11 AUGUST 2017
The year 2016 was one of the most impactful years for the real estate sector. With an aim to bring in transparency and improve consumer confidence in the sector, the government introduced some major reforms and policies.
     

CREDAI-MCHI “The Ultimate” voice of real estate industry announced ‘Change of Guard’

Publication: THE PROPERTY HOUSE Date : 11 AUGUST 2017
The exposure highlights that Maharashtra’s apex real estate industry body, CREDAI-MCHI’s recent announcement of its new president Mayur Shah, Chief, Marathon Reality, replacing Dharmesh Jain, Chief, Nirmal Lifestyle at a ceremony.

RERA NEWS

     

MahaRERA to increase fine on projects registered till Aug 16 to Rs 1L

Publication: TIMES OF INDIA Date : 11 AUGUST 2017
The Maharashtra Real Estate Regulatory Authority (MahaRERA) on Thursday decided to slap a penalty of Rs 1lakh each on ongoing housing projects registered with it till August 16.
     

MAHARERA REGISTRATION FOR ONGOING PROJECTS - Realtors Face a Minimum Rs 1-Lakh Penalty for Delay

Publication: ECONOMIC TIMES Date : 11 AUGUST 2017
Developers in Maharashtra who missed two previous deadlines for registering their ongoing projects will have to pay at least `1 lakh as penalty for delaying applications.
     

MahaRERA sets Rs1 lakh fine on late applications

Publication: DNA Date : 11 AUGUST 2017
Maharashtra Real Estate Regulatory Authority has decided to levy a fine of Rs 1 lakh or an amount equivalent to the registration fee of the project, whichever is higher,

INFRA NEWS

     

Coming soon: Rs 69cr flyover to ease traffic woes on SCLR

Publication: TIMES OF INDIA Date : 11 AUGUST 2017
Mumbai:   East-West connectivity is set to improve at one of the busiest stretches in the eastern suburbs as work on the road over bridge (ROB) above the Vidyavihar railway station is expected to begin before the end of this year.

CITY NEWS

     

To curb sale of common area, BMC fixes bldg lift lobby size

Publication: TIMES OF INDIA Date : 11 AUGUST 2017
Soon, builders will not be able to misuse the common area outside lifts by illegally selling them as part of apartment to flat buyers.
     

Mhada proposes to take over stalled Dadar bldg

Publication: TIMES OF INDIA Date : 11 AUGUST 2017
Mhada on Thursday told the Bombay high court it had sent a proposal to the state government to take over a Dadar building where the builder has stopped work for over three years, leaving its tenants in the lurch.
     

Auditors must file reports on dilapidated buildings within 15 days

Publication: THE ASIAN AGE Date : 11 AUGUST 2017
Mumbai: Structural advisors will face the BMC’s ire if they fail to submit their report on any dilapidated building within the stipulated 15 days to the civic technical advisory committee (TAC).
     

Mumbai civic body’s incredible claim: We can build homes by recycling construction waste

Publication: HINDUSTAN TIMES Date : 11 AUGUST 2017
Mumbai’s municipal corporation has made an incredible claim — that it will recycle most of the 1,200 metric tons (MT) of construction wastes generated daily into building material.
     

HOPE OF BIGGER FLATS FOR SLUM DWELLERS

Publication: MUMBAI MIRROR Date : 11 AUGUST 2017
The state government is "actively" considering a proposal to increase the minimum carpet area of a tenement provided under the slum rehabilitation scheme from the current 269 sq ft to 305 sq ft.

OTHER CITY NEWS

     

National park faces another threat as foothill road, tunnel proposed Artist's impression

Publication: TIMES OF INDIA Date : 11 AUGUST 2017
Thane: Road To Link Mulund With A'bad H'way While environmentalists and citizens fight to protect the green cover in and around the city , yet another project cutting into Sanjay Gandhi National Park has been proposed.

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