INFRA NEWS

Fadnavis for cluster-based development of decrepit buildings

Publication: BUSINESS STANDARD Date : 18 JULY 2019

The Maharashtra government will come out with a new law to facilitate cluster-based development of dilapidated buildings in Mumbai, a move that comes in the wake of collapse of a residential structure here.

Mumbai: State's housing body to audit 23 dangerous buildings again

Publication: DNA Date : 18 JULY 2019

The ground plus four-storied Kesarbai Building that collapsed on Tuesday has forced Maharashtra Housing and Area Development Authority (Mhada) to re-audit the dangerous buildings.

Mumbai building collapse toll up to 13; Maharashtra begins damage control

Publication: HINDUSTAN TIMES Date : 18 JULY 2019

While the toll in Tuesday’s Kesarbai building mishap rose to 13, the state moved to remove certain obstacles and facilitate faster redevelopment of dilapidated buildings in Mumbai

Mumbai: Re-audit of 23 most dangerous buildings

Publication: FREE PRESS JOURNAL Date : 18 JULY 2019

At a meeting with officials from the housing department on Wednesday, Fadnavis gave in-principle approval to cluster redevelopment of such buildings.

New Act for quick revamp of dilapidated buildings in Mumbai

Publication: MIDDAY Date : 18 JULY 2019

Chief Minister takes decision on this at meeting with housing minister, police commissioner, municipal commissioner, and others; policy to be tabled before the Cabinet

Cluster redevelopment on cards

Publication: MUMBAI MIRROR Date : 18 JULY 2019

Govt to amend MHADA Act to allow all buildings in the vicinity of a decrepit building to also go for revamp

REATY NEWS

Prestige to sign up for 2 prime office project deals in Mumbai

Publication: MINT Date : 18 JULY 2019

The firm is in talks with DB Realty to enter into a joint development pact for two of the latter’s projects Prestige Group has been looking to enter Mumbai’s office market for several years and has explored similar deals in the past

Japan's Sumitomo pays Rs 2,238 crore for three-acre plot in BKC, Mumbai

Publication: ECONOMIC TIMES Date : 18 JULY 2019

In one of the biggest investments by a foreign firm in the Maharashtra realty sector, Japanese major Sumitomo Corporation has bought a three-acre plot in the prime Bandra-Kurla Complex