17TH & 18TH SEPTEMBER 2017

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MCHI-CREDAI

17TH SEPTEMBER 2017 NEWS

INFRA NEWS

     

Your Bandra-Kurla Complex to Thane journey will take 15 minutes on Mumbai-Ahmedabad bullet train

Publication: HINDUSTAN TIMES Date : 17 SEPTEMBER 2017
The Mumbai-Ahmedabad bullet train project may turn out be a boon for daily commuters, as the high-speed train will become the fastest mode of transport

CITY NEWS

     

50,000 co-op hsg societies in city & suburbs in GST net

Publication: TIMES OF INDIA Date : 17 SEPTEMBER 2017
As many as 70,000 co-operative housing societies (CHS) in the state, including 50,000 in the Mumbai Metropolitan Region (MMR), will have to register under the Goods and Services Tax (GST)
     

Mumbai civic body reclaims 2 open spaces in Bandra and Santacruz, serves notices to 4 others

Publication: HINDUSTAN TIMES Date : 17 SEPTEMBER 2017
After a lull of a few months, the Brihanmumbai Municipal Corporation (BMC) has resumed its efforts to reclaim open spaces.

REALTY NEWS

     

Housing min bats for FSI upgrade in megacities

Publication: DNA Date : 17 SEPTEMBER 2017
o address the issue of land scarcity in the country, even as rapid urbanisation takes over, Hardeep Singh Puri, the housing and urban affairs minister,
     

819 'affordable' homes, but 2% are for MPs, MLAs

Publication: DNA Date : 17 SEPTEMBER 2017
The Maharashtra Housing and Area Development Authority (Mhada) has put out an annual lottery offering to sell a mere 819 'affordable homes' this year, the lowest in recent years.

18TH SEPTEMBER 2017 NEWS

RERA NEWS

     

Soon, RERA panel to mediate between builder and buyer

Publication: TIMES OF INDIA Date : 18 SEPTEMBER 2017
Maharashtra will be the first state in India to form a conciliation committee under the new Real Estate (Regulation and Development) Act (RERA),
     

‘If found using black money, builders and home-buyers in Maharashtra may lose property’

Publication: HINDUSTAN TIMES Date : 18 SEPTEMBER 2017
Apart from delays in handing over flats to home-buyers, the Maharashtra Real Estate Regulatory Authority (MahaRERA)
     

Thane project builder gets RERA relief, for now

Publication: DNA Date : 18 SEPTEMBER 2017
A complaint against a registered project 'Runwal Garden City-Dahila' at Thane was filed with Maharashtra Real Estate Regulatory Authority.

OTHER CITY NEWS

     

Navi Mumbai SEZ: Maha govt seeks more time from Commerce Min

Publication: BUSINESS STANDARD Date : 18 SEPTEMBER 2017
The Maharashtra government has sought more time from the Centre to resolve all operational and regulatory issues facing Navi Mumbai SEZ Ltd (NMSEZ), the commerce ministry has said.

REALTY NEWS

     

Ground reality

Publication: BUSINESSLINE Date : 18 SEPTEMBER 2017
The residential property market, which was in a downturn since 2013, turned the corner in early 2016. In the first half of calendar year 2016, unit sales growth (compared to the same period the previous year) in the top eight cities became positive after a long gap
     

Sebi plans to allow REITs, InvITs to raise funds via bonds

Publication: ECONOMIC TIMES Date : 18 SEPTEMBER 2017
Aiming to make REITs and InvITs more attractive to investors, markets regulator Sebi plans to relax norms to allow these trusts to raise funds by issuing debt securities.

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