MCHI NEWS

SLUM way forward

Publication: THE TIMES OF INDIA Date : 17 DECEMBER 2016  PAGE NO: PROPERTY

MUMBAI: The Maharashtra government has finally taken the much-needed initiative of increasing the FSI norms under the SOP for slum rehabilitation projects.

RERA NEWS

Ease of doing business in realty sector: ‘Implementation of key reforms will make sector attractive’

Publication: THE INDIA EXPRESS Date : 17 DECEMBER 2016  PAGE NO: 06

MUMBAI: Reforms like RERA, GST and REITs have the potential to increase investor confidence and to attract institutional investments into the sector. 

INFRA NEWS

Mum-Nagpur Expressway: CM Fadnavis’ dream project in land-grab controversy

Publication: HINDUSTAN TIMES Date : 16 DECEMBER 2016  PAGE NO: 06

MUMBAI: Chief Minister Devendra Fadnavis’ dream project, the Mumbai-Nagpur Super Communication Expressway, is in controversy following allegations of land

CITY  NEWS

Modi to lay foundation for civic poll campaign

Publication: THE TIMES OF INDIA Date : 17 DECEMBER 2016  PAGE NO: 04

MUMBAI: Capacity augmentation projects to ease congestion on suburban railways will get a fillip with Prime Minister Narendra Modi laying the foundation stone of the Bandra-Virar elevated corridor and Vasai-Virar-Panvel suburban corridor, here on December 24.

Govt may set up body to regulate co-op hsg socs

Publication: THE TIMES OF INDIA Date : 17 DECEMBER 2016  PAGE NO: 17

MUMBAI: The Maharashtra government may establish a se parate authority to regulate cooperative housing societies in Mumbai..

Mumbai: Western suburbs’ micro-market registers highest growth in rentals

Publication: THE INDIA EXPRESS Date : 17 DECEMBER 2016  PAGE NO: 06

MUMBAI: Outside Mumbai city, rentals rose in Thane by 2.5 per cent and Navi Mumbai by 0.7 per cent year on year

  REALTY NEWS

Organised retail: ‘Real estate witnessing sea-change in business models’

Publication: INDIAN EXPRESS Date : 17 DECEMBER 2016 PAGE NO.: 17

 In the metros, the average size of malls has increased over the years in order to provide a wholesome shopping experience to consumers..  

Land deals plunge, property consultants say transactions at 2009-10 global financial crisis levels

Publication: THE FINANCIAL EXPRESS Date : 17 DECEMBER 2016  PAGE NO: 06

MUMBAI: Land deals are down to a trickle with just a handful of transactions having been concluded in the past couple of years, industry experts pointed out

Completion of construction projects will speed up: CREDAI

Publication: ET REALTY Date : 17 DECEMBER 2016

With this decision by the Center, the responsibility of protecting the environment and taking care of its implementation will be on Municipal Corporations.

Real estate industry offering special deals to combat demonetisation woes

Publication: ET REALTY Date : 17 DECEMBER 2016

Home loan at lower interest rates, book now and pay later are some of the schemes being offered by developers..

Demand for micro homes rises in Navi Mumbai

Publication: ET REALTY Date : 17 DECEMBER 2016

With a carpet area of 200-250 sq ft, these small sized flats, priced at Rs 12-16 lakh, are available in the far flung areas but they attract buyers due to their affordability.

Loans against property pose increasing risks: Moody's

Publication: ET REALTY Date : 17 DECEMBER 2016

Growth in loan against property (LAP) loans has outpaced overall retail credit growth in recent years, said Moody's.

Residential buildings in Navi Mumbai must have 15% open space for public

Publication: ET REALTY Date : 17 DECEMBER 2016

Activist Sandeep Thakur had last year filed a Public Interest Litigation in the high court, seeking for implementation of the rule that requires 15% area to be reserved for open spaces outside action area..