DCPR NEWS

New development norms to cut construction cost, ease congestion in Mumbai

Publication: BUSINESS LINE Date : 16 NOVEMBER 2018

Mumbai’s real estate market has a reason to cheer as the revised Development Control and Promotions Regulation 2034 (DCPR)

RERA NEWS

Mumbai: RERA directs Mumbai International Airport Limited to measure height of World One tower

Publication: THE INDIAN EXPRESS Date : 16 NOVEMBER 2018

Sources in the MIAL said that while they have written to the Lodha Group for permission to measure the height of the World One tower, they are yet to receive a response.

CITY NEWS

‘Decentralised solid waste mgmt needed in city’

Publication: THE ASIAN AGE Date : 16 NOVEMBER 2018

They have also recommended the need for decentralised processing of solid waste in the city which will help reduce the quantity of waste

Mumbai has over 2.26 lakhs unsold properties: Report

Publication: DNA Date : 16 NOVEMBER 2018

In 2013 the number of unsold inventory in Mumbai Metropolitan Region was at 1.42 lakh, the same has gone up to 2.23 lakh in the third quarter of 2018. While it is lower than last year where it stood at 2.26 lakh for the whole year of 2017.

Nearly 54% of Mumbai metropolitan housing supply below Rs 80 lakh: Report

Publication: ET REALTY Date : 16 NOVEMBER 2018

MUMBAI: In a bid to attract home buyers with affordable offerings, real estate developers are increasingly making a shift towards compact residential apartments in peripheral locations.

REALTY NEWS

‘Housing for All’ to be hit due to credit crunch

Publication: BUSINESS LINE Date : 16 NOVEMBER 2018

MUMBAI, NOVEMBER 15 The liquidity squeeze in the real estate sector is adversely impacting new launches, putting in jeopardy the government’s target of ‘Housing for All’ by 2022.