16TH & 17TH APRIL 2017

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MCHI-CREDAI

16TH APRIL 2017

 AFFORDABLE HOUSING NEWS

     

Centre labels 645 sq ft flat as affordable home

Publication: TIMES OF INDIA Date : 16 APRIL 2017
Mumbai: A dwelling unit not more than 60 square metres (645 square feet carpet area) is now officially an affordable house.
     

Maharashtra govt to fast track rural housing under PMAY

Publication: THE INDIAN EXPRESS Date : 16 APRIL 2017
In the last two financial years between 2015 and 2017, the state government has achieved only 25 to 30 per cent of the set target for rural housing for the landless and poor.

DUMPING GROUND NEWS

     

BMC FORWARDS PROPOSAL FOR PLANT AT DUMP TO STATE GOVT

Publication: HINDUSTAN TIMES Date : 16 APRIL 2017
Mumbai: More than 50 occupants of a transit camp in Jacob Circle, Byculla moved the Bombay high court against Neelkamal Realtors to complain that the buildings are uninhabitable and dilapidated.

MANGROVES NEWS

     

74 cases of mangrove destruction on Mumbai’s private land in 4 months

Publication: HINDUSTAN TIMES Date : 16 APRIL 2017
Mumbai: The city has seen an average of 18 cases of mangrove destruction on private land every month this year. In the past four years, the city has witnessed an average of eight cases per month in private areas.

NEW PARKING POLICY NEWS

     

New parking policy: BMC reserves 3% of parking spaces for physically-challenged

Publication: THE INDIAN EXPRESS Date : 16 APRIL 2017
After facing sharp criticism for the lack of sensitivity towards the differently-abled, the Brihanmumbai Municipal Corporation (BMC) has drafted tenders for the newly-implemented parking policy with special focus on people with disabilites.
     

BMC plans underground parking; Experts leery

Publication: THE ASIAN AGE Date : 16 APRIL 2017
Mumbai: In an attempt to further regularise parking structure in the city, the Brihanmumbai Municipal Corporation (BMC) has decided to revive the project of underground parking.

INFRA NEWS

     

Coastal road work to start from three places in Oct

Publication: TIMES OF INDIA Date : 16 APRIL 2017
Mumbai: 4.2 Mn Cubic Metres Of Rock Needed. Come October, work on the Rs15,000 crore coastal road project will begin from two places on Nepean Sea Road off Priyadarshini Park and at one spot at Haji Ali, officials said.
     

Ready mix concrete plant for Metro 7 is illegal: BMC

Publication: MUMBAI MIRROR Date : 16 APRIL 2017
Civic body says contractor doesn't have permission from pollution control board and its factory dept The Brihanmumbai Munici pal Corporation has initi ated action against a con tractor engaged by develop ment agency MMRDA for the Metro 7 project for illegally operating a ready mix concrete plant in Wadala.

CITY NEWS

     

50 tenants complain of `dilapidated' transit camp, move HC against bldr

Publication: TIMES OF INDIA Date : 16 APRIL 2017
Mumbai: More than 50 occupants of a transit camp in Jacob Circle, Byculla moved the Bombay high court against Neelkamal Realtors to complain that the buildings are uninhabitable and dilapidated.

17TH APRIL 2017 NEWS

NEW PARKING POLICY NEWS

     

BMC picks 475 paid parking spots, some outside societies

Publication: TIMES OF INDIA Date : 16 APRIL 2017
Mumbai: After implementing its controversial 'payand-park policy' in south Mumbai, the BMC, with the help of traffic police, has identified 475 areas in the city, including streets outside residential housing societies, for the scheme. The traffic police had studied these areas and submitted the list to the BMC recently .

DUMPING GROUND NEWS

     

BMC’s 2015 affidavit had estimated waste generation to go up to 15,000 mt by 2019: Dumping grounds see drop in quantity of waste

Publication: THE INDIAN EXPRESS Date : 17 APRIL 2017
Authorities give credit to changing mindset of residential societies, hotels & malls, emphasis on segregation of wet and dry waste, setting up of compost pits
     

Deonar plant to cost Rs 2k cr, will take 2 years to come up

Publication: MUMBAI MIRROR Date : 17 APRIL 2017
BMC unlikely to meet June deadline set by HC to stop dumping waste at the landfill. The city administration's ef forts to instal a plant to convert waste into energy at Deonar landfill is going to cost around Rs 2,000 crore.

MANGROVE NEWS

     

150 mangrove trees to be hacked for pumping stn

Publication: MUMBAI MIRROR Date : 17 APRIL 2017
New pumping station at Gazder Bandh meant to prevent monsoon flooding The city is set to lose 150 man grove trees to make way for Mumbai's sixth pumping sta tion in Gazder Bandh.

CITY NEWS

     

Mumbaikars at risk as more than 50% buildings need structural audit

Publication: DNA Date : 17 APRIL 2017
While the Brihanmumbai Municipal Corporation (BMC) is in the process of listing the dilapidated buildings before monsoon, it is estimated that more than 50 per cent of the total 31,000 registered residential societies need structural audit.

REALTY NEWS

     

DNA MONEY EXCLUSIVE: Blackstone may list India's first Reit

Publication: DNA Date : 17 APRIL 2017
Global private equity firm Blackstone Group is in talks with K Raheja Group to set up a Real Estate Investment Trust (Reit) that is expected to have over 2.25 billion square feet of commercial space.
     

Housing Back on Rentals

Publication: ECONOMIC TIMES Date : 17 APRIL 2017
Mumbai: Online real estate portal Housing.com has relaunched rentals section on its platform after more than a year of hiatus with over 60,000 listings and plans to more than triple it two lakh listings by next quarter.
     

Homebuyers Seek Swift Action Against Errant Builders

Publication: ECONOMIC TIMES Date : 17 APRIL 2017
Mumbai: `Fight For RERA' wants Satyam Computer-like solution to provide relief to people whose savings are stuck in unfinished projects
     

Home, Vehicle Loans Save the Day for NBFCs

Publication: ECONOMIC TIMES Date : 17 APRIL 2017
Mumbai: AFTER THE DEMONETISATION NBFCs expected to report strong growth in home and vehicle loans in Q4, but gold & MFIs may weigh on them
     

Centre to Check Status of MoUs Signed by States

Publication: ECONOMIC TIMES Date : 17 APRIL 2017
New Delhi: Meeting likely with central depts and states to know why some projects have failed to take off
 

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