13TH APRIL 2017

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MCHI-CREDAI

 HC NEWS

     

Investors in an illegal building project can be prosecuted: HC

Publication: TIMES OF INDIA Date : 13 APRIL 2017
Mumbai: Firm Constructed 10 Structures In Nalasopara, Sold 400 Flats, Shops. An investor in a contruction firm that builds illegal structures is liable to face criminal prosecution, Bombay high court has said.
     

HC: 2 nawabs must pay Rs 10L for wilful breach in property case

Publication: TIMES OF INDIA Date : 13 APRIL 2017
Mumbai: They Let Out Flats In Colaba Bldg, Flouting A Stay.It was a victory but also a setback for two nawabs of a royal family of Surat and Belha in a 27-year-old family dispute over a trust and its sea-facing, four-storey Colaba property near the Taj Mahal hotel.
     

HC gives DGCA two months to act against bldgs in flight path

Publication: TIMES OF INDIA Date : 13 APRIL 2017
Mumbai: Can't Wait For An Accident, Says Court. The Bombay high court on Wednesday directed the Directorate General of Civil Aviation (DGCA) to take action and pass final orders for demolition or deduction of height of 110 buildings which are inside the approach funnel of the Mumbai airport, within two months.
     

Raze 417 buildings: Bombay HC to DGCA

Publication: THE ASIAN AGE Date : 13 APRIL 2017
Mumbai: The Bombay high court has directed the Directorate General of Civil Aviation (DGCA) to issue demolition notices to 417 residential and commercial buildings located in Kurla and Santa Cruz that have violated height norms by the Airports Authority of India (AAI).
     

Demolish 110 structures around Mumbai airport that violate height norms, directs HC

Publication: HINDUSTAN TIMES Date : 13 APRIL 2017
Demolish within two months the 110 buildings and structures that violate height norms and create obstacles around the approach area of the airport, the Bombay high court told the Airports Authority of India (AAI), the Directorate General of Civil Aviation (DGCA) and the Brihanmumbai Municipal Corporation on Wednesday.
     

मुंबई विमानतळाजवळच्या ११० इमारती तोडणार?

Publication: महाराष्ट्र टाइम्स Date : 13 APRIL 2017
इमारतींची उंची विमानांच्या सुरक्षित उड्डाणांच्या आड येत असल्याने ही उंची २ महिन्यांच्या आत घटवा, असे आदेश मुंबई उच्च न्यायालयाने नागरी उड्डाण महासंचालनालयाला (DGCA) दिले आहेत.

INFRA NEWS NEWS

     

Show new plans on Metro III: HC

Publication: TIMES OF INDIA Date : 13 APRIL 2017
Mumbai: Bombay high court on Wednesday directed the Metro III authorities to submit amended plans and approvals to show that a children's park has been excluded and not destroyed for the proposed Cuffe Parade station for the metro line.
     

State to spend Rs 1,622 crore on infra devpt in 28 tier-II cities

Publication: TIMES OF INDIA Date : 13 APRIL 2017
Mumbai: The state government sanctioned a Rs 1,622-crore plan for developing infrastructure in 28 tier-two cities in Maharashtra.
     

HC to MMRDA: Submit latest Metro-3 plan that excludes children’s park in south Mumbai

Publication: HINDUSTAN TIMES Date : 13 APRIL 2017
The Bombay high court on Wednesday asked the Mumbai Metropolitan Region Development Authority (MMRDA) to submit amended plans and approvals for the Cuffe Parade Metro-3 station that exclude an area designated for a children’s park.
     

'Green nod not required for Metro 3'

Publication: DNA Date : 13 APRIL 2017
Mumbai Metro Rail Corporation Limited (MMRCL) on Wednesday filed an affidavit in the Bombay High Court stating that the construction of Metro 3 project between Colaba to Seepz, does not need an environment clearance from the Ministry of Environment and Forest (MOEF).

CITY NEWS

     

IIT Bombay study: Active faultline in Panvel, eastern suburbs most vulnerable to quake

Publication: THE INDIAN EXPRESS Date : 13 APRIL 2017
A study carried out by IIT Bombay on the city’s vulnerability in case of an earthquake shows that there is an active faultline in Panvel and the risk of collateral damage is highest for people living in the areas near Govandi and Mankhurd.
     

BDD chawls redevpt may end up in HC

Publication: TIMES OF INDIA Date : 13 APRIL 2017
Mumbai: Residents of BDD chawls have decided to approach the Bombay high court against the redevelopment of structures by the Maharashtra government.
     

Maharashtra govt proposes to unlock NDZs, agri land for low-cost housing in smaller cities

Publication: HINDUSTAN TIMES Date : 13 APRIL 2017
The Bharatiya Janata Party (BJP)-led Maharashtra government has proposed to open up no-development zones and agricultural lands in the state’s smaller cities and set up affordable housing there.
     

OTHER CITY NEWS

     

Airport rehab plan revised

Publication: TIMES OF INDIA Date : 13 APRIL 2017
Navi Mumbai: For the second time, Cidco has tweaked the relief and rehabilitation package for villagers affected by the Navi Mumbai airport project. It has forwarded a fresh list of demands by villagers to the state government.
     

धोक्याची चिंता मिटली

Publication: महाराष्ट्र टाइम्स Date : 13 APRIL 2017
सिडको एनओसीमुळे पुनर्बांधणीचा मार्ग मोकळा झाल्याने धोकादायक इमारतीमध्ये राहणा-या सुमारे कुटुंबियांना याचा लाभ मिळणार आहे

REALTY NEWS

     

Post-GST buoyancy will reduce multiple tax structure: Adhia

Publication: FINANCIAL CHRONCLE Date : 13 APRIL 2017
The government hopes that buoyancy in the economy after the goods and services tax (GST) rollout will lead to reduction in the multiple tax structure.
     

Realty Queries - It's not Right Time to Buy Property for Investment

Publication: ECONOMIC TIMES Date : 13 APRIL 2017
Because home prices in Mumbai are soaring, I am looking to invest in Navi Mumbai or Thane. My budget is up to `75 lakh. Please suggest where should I invest and what kind of returns can I expect?
 

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