12TH & 13TH AUGUST 2017

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MCHI-CREDAI

12TH AUGUST 2017 NEWS

DP NEWS

     

In congested Mum, corporators change DP open spaces into construction zones

Publication: TIMES OF INDIA Date : 12 AUGUST 2017
Mumbai:   A plot near Bandra Reclamation, reserved as open space by a planning committee comprising representatives from the BMC and the state government to decide on the draft development plan (DP) 2014-34,

INFRA NEWS

     

Govt to railways: Build bullet train terminal at Dharavi instead of BKC

Publication: TIMES OF INDIA Date : 12 AUGUST 2017
While the railways has been planning on the Mumbai-Ahmedabad bullet train terminus at BKC, the state government now wants it to look for land in Dharavi for the project.

CITY NEWS

     

Govt orders inquiry into charges of Rs 400 crore Powai co land fraud

Publication: TIMES OF INDIA Date : 12 AUGUST 2017
Minister of state for home Ranjit Patil has ordered an inquiry by a principal secretary on charges that Larsen & Toubro (L&T) misused land in Powai meant for industrial use to build 10 residential towers of 24 storeys.
     

Demand for small home on the rise

Publication: TIMES OF INDIA Date : 12 AUGUST 2017
City developers are targeting young buyers who are increasingly investing in one-BHK and studio apartments

REALTY NEWS

     

Independent India: A real estate perspective

Publication: MAGIC BRICKS Date : 12 AUGUST 2017
In the 71 years since India gained independence, the country's real estate market has changed tremendously.
     

Bhubaneswar, Vizag see highest rise in housing realty rates: NHB Residex

Publication: HINDUSTAN TIMES Date : 12 AUGUST 2017
Did you ever think cities such as Bhubaneswar and Kanpur would feature on your list of possible real-estate investment destinations?

13TH AUGUST 2017 NEWS

RERA NEWS

     

RERA gets tough on city builders

Publication: DNA Date : 13 AUGUST 2017
After the Maharashtra Real Estate Regulatory Authority (MahaRERA) announced a fine of Rs 1 lakh on applications from developers who register their project up to August 16, sources have confirmed that MahaRERA will be strict on developers approaching them

CITY NEWS

     

TDR bldgs of last 20 yrs can fill up 9 BKC+Nariman Pt

Publication: TIMES OF INDIA Date : 13 AUGUST 2017
A mind-boggling 13.2 crore sq ft of transfer of development rights (TDR) has been used by developers to build towers and redevelop housing societies over the past two decades in suburban Mumbai.
     

Nagpur-Mumbai expressway will boost growth in Maoist belt: Report

Publication: INDIAN EXPRESS Date : 13 AUGUST 2017
According to the report, state governnment is planning to provide support from other sources (including cess on petroleum products) to meet cash shortfall funding arising due to timing mismatch in monetisation of land

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