MCHI NEWS

LIVEABILITY VS. AFFORDABILITY

Publication: TIMES OF INDIA Date : 15 DECEMBER 2018

While the Delhi HC has stayed the recently granted environmental exemption for the real estate industry, it’s worth taking a look at the pros and cons of this environmental self-regulation, and what it means for the home-owner

PMAY NEWS

State govt sets up MahaHousing to make affordable homes

Publication: DNA Date : 15 DECEMBER 2018

In a bid to expedite the construction of 19.40 lakh homes under the Prime Minister's Awas Yojana (PMAY) by 2022 at 383 cities in Maharashtra, the state government has established the Maharashtra Housing Development Corporation (MahaHousing)

COURT NEWS

SC upholds slum redevpt policy with extra FSI

Publication: TIMES OF INDIA Date : 15 DECEMBER 2018

The Supreme Court on Friday upheld a Bombay high court decision to approve Maharashtra government’s Mumbai slum redevelopment policy with increased floor space index (FSI) to accommodate the burgeoning migrant population in the city.

INFRA NEWS

MMRDA wants to run full Mono route by April

Publication: TIMES OF INDIA Date : 15 DECEMBER 2018

Mumbai: The MMRDA has decided to run Monorail services on its own. Operating the network, the town planning authority hopes to start services on the entire 20km Chembur to Jacob’s Circle route in another three months.

DP 2034 NEWS

No sign of 24 acres of mangroves in DP 2034

Publication: MUMBAI MIRROR Date : 15 DECEMBER 2018

Environmentalists allege deliberate omission of Colaba mangroves to favour builders’ lobby; DP chief says waiting for coastal zone management plan

MAHARERA NEWS

MahaRERA orders can be challenged

Publication: MUMBA MIRORO Date : 15 DECEMBER 2018

An interim order by the division bench of the Bombay High Court on Friday has paved the way for filing of appeals against MahaRERA orders in connection with unregistered projects after the real estate regulator informed the court that appeals against its order related to unregistered projects would be entertained.