17TH MARCH 2018

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MCHI-CREDAI

MCHI NEWS

     

Construction of new bldgs in city can resume, says SC

Publication: TIMES OF INDIA Date : 17 MARCH 2018
Mumbai: The Supreme Court has lifted the stay on the construction of new buildings in Greater Mumbai for six months, with conditions, one of which is that construction debris should not reach the Deonar and Mulund dumping grounds.
     

Near-total ban could hit hsg sector, key to Mumbai: SC

Publication: TIMES OF INDIA Date : 17 MARCH 2018
Mumbai: The Supreme Court has lifted the stay on the construction of new buildings in Greater Mumbai for six months, with conditions, 
     

SC opens 6-month test window to start real estate projects

Publication: MUMBAI MIRROR Date : 17 MARCH 2018
The Supreme Court on Thursday provided temporary relief to the city’s real estate industry against a Bombay High Court order of February 2016 banning new real estate projects in the city in the face of rising pollution levels.
     

Supreme Court lifts freeze on new constructions in Mumbai

Publication: HINDUSTAN TIMES Date : 17 MARCH 2018
The Supreme Court on Thursday lifted a two-year-old moratorium on new construction in the city imposed by the Bombay high court.
     

Supreme Court lifts ban on new construction for six months

Publication: DNA Date : 17 MARCH 2018
The Supreme Court has allowed construction activity in the city for six months, after the Maharashtra Chamber of Housing Industry (MCHI) asked the court to intervene.
     

Property prices likely to fall as state allows cut in RR rates

Publication: DNA Date : 17 MARCH 2018
In a first of its kind move, the state government has made an enabling provision to reduce ready reckoner (RR) rates after taking into account prevailing market conditions.
     

मुंबई मे नयी निर्माण पर लगी रोक हटी 

Publication: नवभारत टाइम्स Date : 17 MARCH 2018
मुंबई में नए निर्माण कार्य पर लगी रोक सर्वोच्च न्यायालय ने

 MAHARERA NEWS

     

RERA tribunal’s first ever ruling will bring complaints of delayed possession by hundreds of Lavasa home buyers within real estate regulator’s ambit

Publication: MUMBAI MIRROR Date : 17 MARCH 2018
A ruling by the Maharashtra Real Estate Appellate Tribunal – its first – will provide much hope to hundreds of
     

Maharashtra: RERA safeguards buyers while being strict on agents, say experts

Publication: FREE PRESS JPURNAL Date : 17 MARCH 2018
Mumbai: The Real Estate Regulatory Authority (RERA) also has provisions for safeguarding the allottees and buyers while being strict on promoters and agents, said activists who participated in a talk conducted in the city on Friday.
     

Now, builders in Maharashtra will have to sign sale agreements with buyers mandatorily

Publication: HINDUSTAN TIMES Date : 17 MARCH 2018
The Maharashtra Real Estate Regulatory Authority (MahaRERA) will direct all developers of ongoing projects to compulsorily sign sale agreements with buyers.

CITY NEWS

     

Mumbai civic body’s web portal, app click with citizens, get 3.36 lakh visitors

Publication: HINDUSTAN TIMES Date : 17 MARCH 2018
Over the last year, around 3.36 lakh citizens have stopped visiting the ‘Citizen Facilitation Centres’ to avail the Brihanmumbai Municipal Corporation’s (BMC) services like renewal of services, permission and certificate issuance.

OTHER CITY NEWS

     

Maharashtra forest department pulls down hotel being built on wetland in Thane

Publication: HINDUSTAN TIMES Date : 17 MARCH 2018
The state forest department cleared encroachments on a one-acre wetland patch at Dive-Anjur off Thane-Bhiwandi Road on Thursday.

REALTY NEWS

     

Mumbai: This is the real deal

Publication: DNA Date : 17 MARCH 2018
BKC’s biggest property deal took place more than a decade ago, in November 2017.
     

Measurable development: When cities compete

Publication: THE INDIAN EXPRESS  Date : 17 MARCH 2018
Rankings are emerging as a tool to gauge urban development and ease of living, and that’s not a bad thing
     

Will Gudi Padwa give a boost to realty sector?

Publication: BUSINESS LINE  Date : 16 MARCH 2018
Developers are gearing up for new launches ahead of the auspicious occasion of Gudi Padwa in western India and Navraatras in the North .

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