14TH SEPTEMBER 2017

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MCHI-CREDAI

MCHI NEWS

     

BMC likely to lower first instalment if builders agreed to higher interest rate

Publication: INDIAN EXPRESS Date : 12 SEPTEMBER 2017
A month after the Brihanmumbai Municipal Corporation allowed the builders of the residential real estate sector to pay the premiums and construction fees in a system of equated instalments, the (MCHI-CREDAI)

RERA NEWS

     

Bldrs give flat buyers one delivery deadline and Rera a later one

Publication: TIMES OF INDIA Date : 14 SEPTEMBER 2017
Mumbai: Builders are pushing back the date of delivery of flats to buyers by several months and even years as a result of the new real estate law in the state.
     

Maharashtra property market: Big setback for 50,000 homebuyers, errant builders making situation worse

Publication: FINANCIAL EXPRESS Date : 14 SEPTEMBER 2017
Buyers of more than 50,000 apartments in Maharashtra will now have to wait even longer for their homes with errant builders having managed to get away with delayed timelines.

INFRA NEWS

     

Maha finally agrees to part with BKC plot for bullet train

Publication: TIMES OF INDIA Date : 14 SEPTEMBER 2017
After putting up a long reluctance in handing over a Bandra-Kurla Complex (BKC) plot to the railways for construction of a terminus for the Mumbai-Ahmedabad bullet train, the state government has finally relented,
     

Locals want coastal road to connect Cuffe Parade

Publication: DNA Date : 14 SEPTEMBER 2017
he Cuffe Parade residents in South Mumbai have now demanded that the coastal road project by Brihanmumbai Municipal Corporation (BMC) be connected towards World Trade Centre (WTC) from Nariman Point.

REALTY NEWS

     

Realty Queries - To Gain from Property Sale, Hold It for about 5-7 Years

Publication: TIMES OF INDIA Date : 12 SEPTEMBER 2017
I bought an under-construction apartment in Thane, which was supposed to be handed over to me in March 2017.
     

Court asks Mumbai builder to pay Rs 1 lakh a day for delayed Kandivali project

Publication: ET REALTY Date : 14 SEPTEMBER 2017
RNA Universal given time till September 30 to hand over the possession of its 20-storey tower, failing which it will have to deposit Rs 10 lakh in court for a period from October 1 to 10.

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