13TH JUNE 2017

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MCHI-CREDAI

 MCHI NEWS

     

RERA action against consultant evokes fear among builders in Maharashtra

Publication: HINDUSTAN TIMES Date : 13 JUNE 2017
The Maharashtra Real Estate Regulatory Authority’s decision to penalise Sai Estate Consultant of Rs1.20 lakh for misrepresentation of facts has evoked fear among builders and brokers in the state.

 RERA NEWS

     

Don’t give buyers false hopes: RERA chief

Publication: DNA Date : 13 JUNE 2017
Maharashtra Real Estate Regulatory Authority (MahaRERA) chairman Gautam Chatterjee on Monday asked realty players to restrict releasing advertisements which promise the moon.
     

No extension for RERA registration: Chairman Gautam Chatterjee

Publication: TIMES OF INDIA Date : 13 JUNE 2017
PUNE: Maharashtra Real Estate Regulatory Authority (RERA) chairman Gautam Chatterjee has reiterated that no extension would be given for registration of ongoing projects beyond July 31and accountability would be a priority.
     

No extension for registration under RERA: CM

Publication: TIMES OF INDIA Date : 13 JUNE 2017
Chief minister Devendra Fadnavis today reiterated that there will be no extension for registration of ongoing projects beyond July 31 under Real Estate Regulatory Authority (RERA).
     

No extension for RERA registration: Devendra Fadnavis

Publication: MONEY CONTROL Date : 13 JUNE 2017
Maharashtra Chief Minister Devendra Fadnavis today reiterated that there will be no extension for registration of ongoing projects beyond July 31 under Real Estate Regulatory Authority (RERA).

REALTY NEWS

     

STATOISTICS - WHY BUYING A PROPERTY TO RENT IS A BAD INVESTMENT

Publication: TIMES OF INDIA Date : 13 JUNE 2017
A 1,300sq ft flat costs around Rs 7.6cr in the premier centres of Delhi, Mumbai and Bengaluru. This price is the 11th highest for similar properties in over 80 countries regions for which real estate research firm
     

Kotak Fund to Raise $100 m for Affordable Housing

Publication: ECONOMIC TIMES Date : 12 JUNE 2017
Mumbai:   It already has commitments worth $50 m from global institutional investors
     

Pune’s retail real estate bounces back to business

Publication: FINANCIAL EXPRESS Date : 12 JUNE 2017
After closure of some malls, Pune’s retail market is receiving renewed interest and fresh investment is coming in to the mall space
     

Soon, a govt app to pay your property tax

Publication: DNA Date : 13 JUNE 2017
It has also decided to develop a website and an app that will simplify the process of paying property taxes from anywhere.
     

Fight against benami properties may affect homebuyers, banks

Publication: MINT Date : 13 JUNE 2017
Attachment of real estate projects under development to dredge out benami properties will trigger a chain of defaults, says top banker
     

Land pooling policy of Delhi

Publication: MINT Date : 13 JUNE 2017
We ask experts what impact the new land pooling policy in Delhi will have on property prices
 

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