13TH TO 15TH JULY 2019

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MCHI-CREDAI

13TH JULY 2019 NEWS

CITY NEWS

     

15 Mumbai roads to soon be marked as no-parking zones

Publication: HINDUSTAN TIMES Date : 13 JULY 2019
The Brihanmumbai Municipal Corporation (BMC) plans to make 15 major roads ‘no-parking zones’, to encourage people to use public parking lots. The road and traffic department has sent a list of 30 roads to the traffic police department
     

No-parking zones on 12 more arterial roads

Publication: TIMES OF INDIA Date : 13 JULY 2019
Mumbai: Five days after it started levying hefty fines on illegal parking near public parking lots (PPLs), the BMC has decided to mark no-parking zones on at least another dozen arterial roads.

REALTY NEWS

     

Realty projects of over Rs 4 lakh crore stuck

Publication: DNA Date : 01 JULY 2019
Chennai: As many as 5.6 lakh units worth Rs 4.5 lakh crore are stuck or delayed across the top 7 cities due to the cash crunch. Developers are joining hands to complete the projects.
     

Realty projects of over Rs 4L crore stuck

Publication: THE ASIAN AGE Date : 13 JULY 2019
Chennai: As many as 5.6 lakh units worth Rs 4.5 lakh crore are stuck or delayed across the top 7 cities due to the cash crunch. Developers are joining hands to complete the projects.

14TH JULY 2019 NEWS

MCHI NEWS

     

Maharashtra: Realty players to take issues to chief secy Ajoy Mehta

Publication: DNA Date : 14 JULY 2019
They are also pressing for a reduction in staircase, lift and lift lobby premium for residential buildings from 25% to 10% ; the same rate should be applicable for commercial buildings

CITY NEWS

     

5 more plots identified to create urban forests in Mumbai’s concrete jungle

Publication: HINDUSTAN TIMES Date : 14 JULY 2019
Moving ahead with its plan to create urban forests in the city, the Brihanmumbai Municipal Corporation (BMC) has earmarked five more plots in the suburbs that will be developed into urban forests.
     

Mumbai: BMC offers 2,476 new parking slots

Publication: HINDUSTAN TIMES Date : 14 JULY 2019
Motorists and residents in central and south Mumbai can look forward to 2,476 new spots for their vehicles, with builders handing over three Public Parking Lots (PPL) to the civic body – one in Dadar, one in Tardeo and another near Jacob's Circle.

15TH JUNE 2019 NEWS

CITY NEWS

     

Realty: Affordable is 'unaffordable'

Publication: DNA Date : 15 JULY 2019
Affordable housing sector that received a big boost in the Union Budget in the form of personal tax exemption is in for a big shock.

REALTY NEWS

     

As unsold inventory builds up, developers add rental housing to residential portfolio

Publication: MINT Date : 15 JULY 2019
While some realty firms plan to build student housing projects, others are testing waters by investing in co-living startups Developers have stayed away from rental housing due to low yields and lack of regulations
     

As realty bites, builders want you to own a ready home and pay later

Publication: MINT Date : 15 JULY 2019
Most of the projects in which such schemes are being offered are high-end homes in India’s top cities The schemes are being selectively offered in Bengaluru and NCR, but are more common in Mumbai

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