14TH JULY 2017

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MCHI-CREDAI

RERA NEWS

     

City builders challenge RERA provisions in HC

Publication: TIMES OF INDIA  Date : 14 JULY 2017
Nagpur: Four builders have approached Nagpur bench of Bombay High Court to challenge some provisions of the Real Estate (Regulation and Development) Act, 2016.

 GST NEWS

     

GST impact on housing societies: RWA services not under new tax regimes, clarifies Centre

Publication: FINANCIAL EXPRESS Date : 14 JULY 2017
GST impact on housing societies: Centre today refuted media reports that under the recently launched Goods and services (GST),

 OC NEWS

     

Buildings with ‘raw’ flats can get occupation certificate now

Publication: TIMES OF INDIA Date : 14 JULY 2017
While the measure is a part of the civic body’s attempt to streamline the process of issuing construction permissions, it is at odds with the popular belief among flat buyers that OC was the final document indicating that an apartment was ready for occupation.

INFRA NEWS

     

Tussle on cards as devpt plan up for scrutiny today

Publication: TIMES OF INDIA Date : 14 JULY 2017
Mumbai:   Sena May Join Hands With Congress Against Metro Car Shed In Aarey The much-debated draft Development Plan (DP) 2034 for the city will come up for discussions and final nod in the civic house on Friday

 CITY NEWS

     

Govt lifts ban on sale of flats in posh societies

Publication: DNA Date : 14 JULY 2017
Maharashtra government has lifted restrictions on selling upmarket flats in co-operative housing societies built on government-leased land.
     

Steep hike in fee for selling flats on collector's land Up Four

Publication: TIMES OF INDIA Date : 14 JULY 2017
Mumbai:   Times In Island City, 2 Times In 'Burbs The cash-strapped state government has announced a steep hike in transfer fees on sale of flats and apartments on collector's land.
     

Come clean on affairs in SRA, NCP tells Fadnavis

Publication: TIMES OF INDIA Date : 14 JULY 2017
Mumbai   The Sharad Pawarled NCP on Thursday said that as head of the Slum Redevelopment Authority (SRA), chief minister Devendra Fadnavis cannot escape responsibility for rampant irregularities and gross abuse

OTHER CITY NEWS

     

Builders can't force buyers into arbitration: Consumer panel

Publication: TIMES OF INDIA Date : 14 JULY 2017
New Delhi   Real estate players cannot force buyers to settle their disputes through arbitration by restraining them from approaching consumer forums, India's apex consumer commission has ruled.
     

NGT: No construction within 100m of Ganga

Publication: TIMES OF INDIA Date : 14 JULY 2017
New Delhi: TIMES NEWS NETWORK   Rs 50k Green Penalty For Dumping Waste In River A 100-metre area on either side of Ganga between Haridwar and Unnao (Uttar Pradesh) will be a “noconstruction, no-development zone“,

REALTY NEWS

     

Is the affordable housing euphoria overdone?

Publication: MINT Date : 14 JULY 2017
The affordable housing market is fragmented with scores of developers; those with weak financials may even wind up operations

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