17TH MAY 2019

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MCHI-CREDAI

LIASES FORAS REPORT

     

House this? Apartments likely to get cheaper soon

Publication: HINDUSTAN TIMES Date : 17 MAY 2019
According to a report prepared by Liases Foras, a real estate research firm, builders have no alternative, but to reduce the prices by a minimum of 10%.

CITY NEWS

     

3 BMC officials to be sacked, 9 penalised for Kamala Mills fire

Publication:TIMES OF INDIA Date : 17 MAY 2019
Mumbai: Punishments have been decided for the 12 BMC officials held guilty in an internal inquiry for the Kamala Mills fire, in which 14 people died at two resto-bars on December 29, 2017. They range from dismissal to departmental action.

OTHER CITY NEWS

     

Navi Mumbai SEZ ordered to stop dumping debris in Uran wetlands

Publication: TIMES OF INDIA Date : 17 MAY 2019
Navi Mumbai: Green activists are “satisfied” with the courtappointed mangroves protection committee order to the Navi Mumbai SEZ (NMSEZ) to stop dumping any more earth

REALTY NEWS

     

‘Homebuyers can seek refund if flat delayed beyond 1 year’

Publication: TIMES OF INDIA Date : 17 MAY 2019
New Delhi: In a relief to lakhs of aggrieved homebuyers who are forced to wait for possession of their flats for years, the apex consumer commission has quantified a time period of one year
     

Homebuyers get backing of govt

Publication: TIMES OF INDIA Date : 17 MAY 2019
New Delhi: The government has decided to back homebuyers caught in insolvency cases and told the National Company Law Tribunal (NCLT) that the majority vote of homebuyers cast in favour of a resolution should be treated as “the voting preference of whole sub-class in Committee of Creditors (CoC)”.
     

Maharashtra State Cooperative Bank looks to enter infra and retail lending

Publication: BUSINESS LINE Date : 17 MAY 2019
Maharashtra State Cooperative Bank looks to enter infra and retail lending

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