13 OCTOBER 2018 NEWS

MHADA NEWS

MHADA lowers cost of flats in Mumbai by 25%-30% after poor sales

Publication: HINDUSTAN TIMES Date : 13 OCTOBER 2018

Hit by poor sales, the Maharashtra Housing and Area Development Authority (MHADA) on Friday announced it will reduce by 25% to 30% the prices of the 1,194 apartments

Mhada houses will be 25-30 per cent cheaper this year

Publication: THE ASIAN AGE Date : 13 OCTOBER 2018

Mumbai: The Maharashtra Housing and Area Development Authority (Mhada)’s stock houses for the upcoming lottery will be 25 to 30 per cent cheaper after the housing authority reduced

Mhada Houses To Be Cheaper This Year

Publication: MID-DAY Date : 13 OCTOBER 2018

In a bid to offer houses to buyers at much cheaper rates, the Maharashtra Housing Area and Development Authority (MHADA) has decided to reduce the prices of those it gets from developers.

CITY NEWS

5-stars near airport get devpt bonanza

Publication: TIMES OF INDIA Date : 13 OCTOBER 2018

Mumbai: Five-star hotels around the international airport in Sahar, Andheri (east), have received a big land bonanza

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14 OCTOBER 2018 NEWS

INFRA NEWS

Does Mumbai really need more elevated roads, ask experts

Publication: HINDUSTAN TIMES Date : 14 OCTOBER 2018

While the state public works department (PWD) has undertaken a study to build elevated roads on the Western Express Highway (WEH) and the Eastern Express Highway (EEH),

BMC to beautify areas under 23 Mumbai flyovers

Publication: DNA Date : 14 OCTOBER 2018

Around 27,000 square metre area under 23 flyovers across the city will see a complete facelift as the Brihanmumbai Municipal Corporation (BMC) has decided to beautify the area on the lines of Nanalal D Mehta flyover at Matunga.

CITY NEWS

Mumbai: Collector issues appeal to lease holders to renew lease or says govt will take over property

Publication: DNA Date : 14 OCTOBER 2018

The Mumbai city collector has sent out a public appeal informing all lease holders of government land that a final hearing of those who haven't yet renewed their lease will be held on October 24.

After brief respite, city’s air quality deteriorates again

Publication: THE ASIAN AGE Date : 14 OCTOBER 2018

New Delhi: After briefly recovering in the last few days, the city’s air quality worsened on Saturday, in the wake of stubble burning in the neighbouring states of Punjab and Haryana.

Cost-cutting on Shivaji memorial raises safety fears

Publication: TIMES OF INDIA Date : 14 OCTOBER 2018

Mumbai: The state government’s manoeuvring to reduce spending on the proposed mid-sea Shivaji memorial (pic) has come

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REALTY NEWS

Maharashtra set to slash registration fee for real estate projects

Publication: THE INDIAN EXPRESS Date : 14 OCTOBER 2018

The dilution will benefit construction projects being planned on small and medium-sized plots, said officials. “Developments of plots less than 5,000 sq m will benefit,” an official said.

15 OCTOBER 2018 NEWS

HIGH COURT NEWS

Builder wins 14-year-old court battle for prime Worli mill plot

Publication: TIMES OF INDIA Date : 15 OCTOBER 2018

Mumbai: The Bombay high court (HC) has decided a 14-yearold legal battle over a prime parcel of land at Worli and ruled that it would have to be handed over to Kalpataru Properties for Rs 105 crore as per a deal struck in 2004.

OPEN PLOT NEWS

BMC yet to take back 27 open plots from private firms

Publication: DNA Date : 15 OCTOBER 2018

Though BMC is trying to beautify areas under 23 flyovers to add them under 'open spaces in city,' it has failed to take over 27 open spaces from private stockholders in the past three years.

MANGROVES NEWS

Mumbai: Dahisar mangrove park gets leg up

Publication: DNA Date : 15 OCTOBER 2018

Mumbai's first mangrove park has received a major shot in the arm, with Forest Minister Sudhir Mungantiwar sanctioning Rs 1 crore for its Phase I, and local MLA Manisha Chaudhary giving a detailed presentation to the suburban collector regarding the proposed park.

CITY NEWS

Panel restores 2% fee for new buildings near green zones

Publication: TIMES OF INDIA Date : 15 OCTOBER 2018

Mumbai: The National Board for Wildlife has restored the condition of charging developers 2% of the total project cost for wildlife conservation.

Mumbai suffers poor air quality, but may normalise later today

Publication: DNA Date : 15 OCTOBER 2018

Mumbaikars woke up to a hazy morning on Sunday, a day when the city's air quality index (AQI) was rated as 'Poor' at 238.

REALTY NEWS

Home sales up 15% as developers focus on pricing, delivery

Publication: ECONOMIC TIMES Date : 15 OCTOBER 2018

MUMBAI| BENGALURU: Residential property sales in the secondquarter climbed 15% year-on-year across India’s top seven markets, led by demand for affordable homes.