18TH TO 19TH MARCH 2018

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MCHI-CREDAI

18TH MARCH 2018 NEWS

MCHI NEWS

     

MCHI-CREDAI hails SC order on city construction

Publication: FREE PRESS JOURNAL Date : 03 MARCH 2018
MUMBAI: Hailing Supreme Court’s decision to revoke the ban on construction activities in Mumbai, Maharashtra Chamber of Housing Industry (MCHI-CREDAI) President Mayur Shah termed the order a huge relief to the citizens of this metropolis.
     

SC lifts ban on construction: On the anvil, recycling plants for construction & demolition waste

Publication: THE INDIAN EXPRESS Date : 18 MARCH 2018
Even as the Brihanmumbai Municipal Corporation (BMC) and the Maharashtra Chamber of Housing Industry (MCHI) have identified ten sites for dumping construction debris,  

RERA NEWS

     

Realtors try to woo buyers with offers before festival

Publication: THE ASIAN AGE Date : 18 FEBRUARY 2018
Mumbai: With Gudi Padwa nearing, realtors have seized the opportunity to boost flat sales by announcing a plethora of offers for homebuyers — from attractive discounts to give-aways. In the wake of the implementation of the RERA
     

Post-Rera, channel partners becoming the crucial cog in realty sales now

Publication: ECONOMIC TIMES Date : 18 MARCH 2018
MUMBAI: With the dynamics of the real estate sector changing in post-Rera and GST era, developers are increasingly becoming dependent on channel partners to push sales through innovative ideas.
     

Housing regulator now asks Maha govt officials to explain delays in project clearance

Publication: HINDUSTAN TIMES Date : 18 MARCH 2018
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has, so far, cracked the whip on builders, but now it has started taking on Maharashtra government authorities for delaying project approvals.

CITY NEWS

     

BMC cheers as ban on construction ends

Publication: DNA Date : 18 MARCH 2018
While presenting the budget for the financial year 2018-19, Ajoy Mehta, the BMC chief had admitted that a real estate slowdown forced the civic body to scale down its earnings estimate from its building proposal department.
     

New construction to start, but BMC still struggles with debris

Publication: HINDUSTAN TIMES Date : 18 MARCH 2018
Even as the Supreme Court (SC) on Friday lifted a two-year-old ban on new constructions in Mumbai, the Brihanmumbai Municipal Corporation (BMC) is still to come up with a way to process and dispose of 1,400
     

Revamp projects stuck for two years in Mumbai get a push after SC order

Publication: HINDUSTAN TIMES Date : 18 MARCH 2018
The Supreme Court’s order to lift the ban on new construction is expected to give a boost to the redevelopment activity in the suburbs, which had been paralysed since the last two years.

19TH MARH 2018 NEWS

RR NEWS

     

Ready reckoner rates to be hiked up to 8%

Publication: DNA Date : 19 FEBRUARY 2018
Ready reckoner rates will see an average hike of three to five per cent this year, sources from the Stamp Duty Office have said, which means that property buyers will thereby have to pay an increased stamp duty. In certain cases, the hike will be up to eight per cent.
     

Mumbai: Stamp duty to cost more from April as Ready reckoner rates set to rise

Publication: FREE PRESS JOURNAL Date : 19 MARCH 2018
Mumbai: In not so good news for the property buyers, Ready reckoner rates will see an average hike of three to five per cent this year, sources from the Stamp Duty Office have said, which means that property buyers will thereby have to pay an increased stamp duty.

MAHARERA NEWS

     

In a first, MahaRERA gets NMMC to explain green clearance delay

Publication: MUMBAI MIRROR Date : 19 MARCH 2018
In a first, Maharashtra Real Estate Regulatory Authority (MahaRERA), which has the powers of a civil court, summoned officials from Navi Mumbai Municipal Corporation (NMMC) i

CITY NEWS

     

Metro lines may make commute to Navi Mumbai airport smoother

Publication: HINDUSTAN TIMES Date : 19 MARCH 2018
For better connectivity to the Navi Mumbai airport, the authorities plan to build two stations of two Metro lines close to the city airport.
     

CONSTRUCTION CURBS AROUND PRISONS MAY BE LIFTED SOON

Publication: MUMBAI MIRROR Date : 19 MARCH 2018
A proposal to lift the 150-metre radius restriction on building projects around jails has been forwarded to Chief Minister Fadnavis by Home department

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