12TH OCTOBER 2018

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MCHI-CREDAI

COURT NEWS

     

HC tells MoD: Why no uniform policy for bldg curbs near defence structures?

Publication: DNA Date : 11 OCTOBER 2018
Mumbai: The Bombay high court on Thursday asked the Union ministry of defence to consider framing a uniform policy for buffer zones and construction restrictions

INFRA NEWS

     

PWD to map traffic pattern on EEH, WEH in Mumbai

Publication: HINDUSTAN TIMES Date : 12 OCTOBER 2018
The exercise is being conducted to ascertain the current traffic pattern and estimate its rise over the next decade, as part of its plan to construct elevated roads over the two roads.
     

Hear out those protesting tree cutting, HC tells BMC

Publication: MUMBAI MIRROR Date : 12 OCTOBER 2018
The Bombay High Court on Thursday directed the Brihanmumbai Municipal Corporation (BMC) to grant a fair hearing to the city residents who are objecting to the proposal to cut trees for the metro car-shed project.

CITY NEWS

     

BMC says it spent ₹1,100cr to acquire 98 plots for public use

Publication: TIMES OF INDIA Date : 12 OCTOBER 2018
Mumbai: The BMC has spent around Rs1,100 crore in the last ten years to acquire 98 plots across the city for public amenities, the civic body informed members of its improvements committee
     

State sees 15% fall in revenue from GST

Publication: MUMBAI MIRROR Date : 12 OCTOBER 2018
The state government earned Rs 30,321.67 crore in second quarter of the current financial year (2018-19) through goods and services tax (GST).
     

Laser tech finds 33,000 alterations to buildings in Mumbai

Publication: HINDUSTAN TIMES Date : 12 OCTOBER 2018
At least 33,000 alterations have been made to the original plan of buildings across the city, according to a survey conducted by the Brihanmumbai Municipal Corporation (BMC)

OTHER CITY NEWS

     
     

Greens win battle as sluice gates open to save wetlands

Publication: TIMES OF INDIA Date : 12 OCTOBER 2018
Navi Mumbai: Environmentalists and villagers in Uran are rejoicing as Cidco finally opened all sluice gates on Panje coast to allow seawater to enter mangroves,
     

Cidco moves to revive wetlands in Navi Mumbai

Publication: HINDUSTAN TIMES Date : 12 OCTOBER 2018
During the wetland grievance redressal committee meeting on Thursday, chairman of the committee, directed Cidco to keep the sluice gates at Panje open till May 2019

REALTY NEWS

     

Builders to Face Tax on Leased Property’s Fair Value

Publication: ECONOMIC TIMES Date : 12 OCTOBER 2018
This is in addition to tax developer pays on rental earnings from lease; according to law, unsold property that is leased will be treated as capital asset

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