RERA NEWS

Govt sets up Central Advisory Council for effective RERA implementation

Publication: ET REALTY Date : 15 DECEMBER 2017

MUMBAI: The central government has set up a Central Advisory Council (CAC) to advise on matters concerning the implementation of the Real Estate (Regulation & Development) Act, 2016.

MahaRERA To Form New Body For Dealing With Buyer-Builder Tiffs

Publication: MID-DAY Date : 15 DECEMBER 2017

Benches In Mumbai And Pune To Bring Homebuyers And Developers Face To Face To Resolve Issues

PROPERTY TAX NEWS

‘Monthly interest on property tax dues’

Publication: THE HINDU Date : 15 DECEMBER 2017

GHMC Commissioner B. Janardhan Reddy has urged the property tax payers to pay the tax before the month end.

SRA NEWS

Maharashtra CM in fix over amending SRA Act

Publication: THE ASIAN AGE Date : 15 DECEMBER 2017

Mumbai: Chief minister Devendra Fadnavis is in a dilemma over whether to go ahead with an amendment to the Slum Rehabilitation Authority (SRA) Act, which will shift the current cut-off of 2000 to 2011 for rehabilitating illegal slum dwellers under the slum redevelopment policy

CITY NEWS

BMC will have to hold public hearings for link road project

Publication: TIMES OF INDIA Date : 15 DECEMBER 2017

MUMBAI: The BMC will not get exemption from public hearings for the Rs 2,000-crore Goregaon Mulund Link Road (GMLR) with the union ministry of environment, forests and climate change (MoEFCC) rejecting its plea.

REALTY NEWS

L&T Finance offers Rs 300 crore loan to Satellite’s realty projects

Publication: ET REALTY Date : 15 DECEMBER 2017

The funds will be used for construction of the developer’s 5-lakh-sq-ft low-cost housing project in Mumbai’s western suburb Malad, a mid-income group project in Goregaon suburb, and a premium project in

Blackstone, GIC in race to buy Lodha’s XPeria Mall

Publication: ET REALTY Date : 15 DECEMBER 2017

Mumbai: Global investors Blackstone Group LP, GIC Pte Ltd and Xander Group are in separate discussions to acquire Mumbai’s XPeria Mall in Palava City, developed by Lodha Developers,

Strengthening of PSBs, infrastructure, housing on table for next year: Arun Jaitley

Publication: FINANCIAL EXPRESS Date : 15 DECEMBER 2017

Finance Minister Arun Jaitley on Thursday said that the strengthening of public sector banks (PSBs), infrastructure and housing will be top priorities for government next year.