18TH JULY 2017

If you cannot read this email, please click here



MCHI-CREDAI

RERA NEWS

     

Will delay in RERA hurt its credibility?

Publication: MINT Date : 18 JULY 2017
Is anyone missing McDonald’s? Banks need at least $2.8 bn extra provisioning for bankruptcy cases: India Ratings

 DGCA NEWS

     

DGCA order sparks fear and loathing among residents of 70 buildings in flight path in Mumbai

Publication: HINDUSTAN TIMES Date : 18 JULY 2017
Flat buyers who will lose their homes following the Directorate General of Civil Aviation (DGCA) order to reduce the height of 70 buildings in the flight path
     

Height norm violations: Buildings given notices, residents say ‘technical language’ confusing

Publication: THE INDIAN EXPRESS Date : 18 JULY 2017
The safety body has identified close to 70 buildings that prove obstacles in the flight path. Representatives of these buildings have been directed to move out by August,

 SRA NEWS

     

SRA demands explanation from its former CEO

Publication: TIMES OF INDIA Date : 18 JULY 2017
The Slum Redevelopment Authority has sought an explanation from its former CEO, Vishwas Patil, after a TOI report last week on clearances given by him to an irregular SRA proposal at MP Mill compound in Tardeo.
     

Former SRA chief in Mumbai cleared 12 projects in last three months of his service

Publication: HINDUSTAN TIMES Date : 18 JULY 2017
Mumbai city news: After allegations cropped up that Patil had cleared a record number of proposals in the last month of his tenure favouring builders, state housing minister Prakash Mehta sought a report

INFRA NEWS

     

Needless tree cutting for Metro 3: HC panel

Publication: TIMES OF INDIA Date : 18 JULY 2017
Several trees marked for transplantation along the Colaba-to-Seepz Metro III route have had their branches cut indiscriminately , a panel appointed by the high court to supervise the process of cutting and transplantation has said in its report.
     

Mumbai to get 2 more Metro lines, will it make your commute smoother?

Publication: HINDUSTAN TIMES Date : 18 JULY 2017
Mumbai city news: The nod is important as the alignment for the two lines partially falls in the ecologically sensitive Coastal Regulation Zone (CRZ)
     

Mumbai Trans Harbour Link: MMRDA wants construction work to be allowed at night, during flamingo season

Publication: THE INDIAN EXPRESS Date : 18 JULY 2017
As per the environment clearance granted to the project, no work is allowed beyond 10 pm and when flamingos migrate to the area. The migratory birds flock to the mudflats in the area between October and May.

 CITY NEWS

     

Property registration dept continues collecting 1% LBT

Publication: TIMES OF INDIA Date : 18 JULY 2017
Advocate Yogesh Mehta, who bought commercial property in the last week of June, is waiting for registration of property with the Inspectorate General of Registration (IGR)

CREDAI-MCHI,

 Maker Bhavan II, 4th Floor, 18,
Sir Vithaldas Thakersey Marg, New Marine
Lines, Mumbai - 400 020.
T: 022 - 42121421
E: secretariat@mchi.net