MCHI NEWS

Mumbai developers to hold protest march today

Publication: DNA Date : 13 JUNE 2019

Close to 127 developers from the suburbs of Mumbai and their employees will be holding a protest march at the Building Proposal Department of Brihanmumbai Municipal Corporation (BMC) in Kandivali on Thursday.

RERA NEWS

Maharashtra: Now, brokerage under RERA rule

Publication: DNA Date : 13 JUNE 2019

According to Adv Sanjay Chaturvedi, an expert in real estate, brokerage has now come under RERA jurisdiction; a broker can approach the authority if his brokerage is due.

CITY NEWS

Water charges will increase marginally from this Sunday

Publication: TIMES OF INDIA Date : 13 JUNE 2019

Mumbai: The civic standing committee on Wednesday gave its nod to the administration to increase water charges by 2.48% from June 16. This is comparatively lower compared to last year, when BMC hiked charges by 3.72%.

Non-agricultural tax to be levied based on new formula

Publication: MUMBAI MIRROR Date : 13 JUNE 2019

Interest that was being charged earlier using the old formula will no longer be levied; collector to conduct survey, make a fresh calculation as per new rates

Maharashtra govt examining feasibility of proposal to develop affordable housing on salt pan land

Publication: MONEY CONTROL Date : 13 JUNE 2019

A five-member committee will evaluate the feasibility of the proposal submitted by a real estate developer within 60 days.

REALTY NEWS

Mumbai nearly twice as costly as Delhi

Publication: THE ASIAN AGE Date : 13 JUNE 2019

Mumbai prices have been consistently rising every year since 2014 - having risen 5.1 per cent in the period 2014-18.

City costliest prime housing market

Publication: TIMES OF INDIA Date : 13 JUNE 2019

Mumbai: The city remains the most expensive prime residential urban market in the country with prime property price at $931 per sq ft (Rs 64,649 per sq ft) in the first quarter of the year, said a Knight Frank Wealth Report released on Wednesday.

Budget 2019 | Housing for All by 2022: Can this vision become a reality under Modi 2.0?

Publication: MONEY CONTROL Date : 13 JUNE 2019

Among the many flagship initiatives taken up during Modi 1.0, ‘Housing for All by 2022’ seemed highly ambitious—indeed, over-ambitious—though doubtless noble in intent.