16TH MAY 2018

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MCHI-CREDAI

MAHARERA NEWS

     

Can't ask developer to demolish building to suit buyers' whims: MahaRERA

Publication: DNA Date : 16 MAY 2018
Reprimanding a home buyer, the appellate tribunal of Maharashtra Real Estate Regulatory Authority, said that a builder cannot be asked at the whims of the allottee to demolish a building to suit requirement of the allottee.

INFRA NEWS

     

Longest steel span for MTHL

Publication: THE ASIANA AGE Date : 16 MAY 2018
Mumbai: The Mumbai Trans-Harbour Link (MTHL) will have the country’s longest steel span – distance between two intermediate pillars – to avoid pillar constructions along a few stretches of the sea.
     

BMC chooses firm to build SoBo arm of coastal road

Publication: TIMES OF INDIA Date : 16 MAY 2018
The coastal road, proposed seven years ago, has received its first major boost towards becoming reality. The BMC administration on Tuesday selected a contractor to construct a portion of the 10km stretch connecting

NAVI MUMBAI NEWS

     

Realty deal in Navi Mumbai: Ascendas to pay ₹930 crore for two IT park buildings

Publication: HINDUSTAN TIMES Date : 16 MAY 2018
In another high-value Mumbai Metropolitan Region real estate deal, property major Ascendas India Trust is set to buy 1.4 million sqft in two under-construction buildings for Rs 930 crore at an information technology park in Navi Mumbai.

CITY NEWS

     

120-ft-wide road to connect Borivali and Nahur; environmentalists’ objections go unanswered

Publication: MUMBAI MIRROR Date : 16 MAY 2018
Despite repeated objections from environmentalists and the Maharashtra Forest Department, the new Development Plan (DP)

REALTY NEWS

     

Plush Towers, Gated Communities a Big Draw for Corporate Leaders

Publication: ECONOMIC TIMES Date : 16 MAY 2018
Top execs look for convenience, networking, modern amenities and even pride while choosing a residential address

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