18TH MARCH 2017

If you cannot read this email, please click here



MCHI-CREDAI

MCHI NEWS

     

The RERA KNOWLEDGE TEST

Publication: TIMES OF INDIA Date : 18 MARCH 2017 PAGE: PROPERTY
In just about a few weeks' time, RERA would become a reality. However, as home-buyers, how well-versed are you with its implications? Read on...

DP NEWS

     

Clearance of DP 2034 is put off in BMC yet again

Publication: THE ASIAN AGE Date : 18 MARCH 2017 PAGE: 03
Mumbai: There has been yet another delay in the clearance of the Development Plan 2034

PROPERTY SUPPLEMENT NEWS

     

Realty Check: Luxury residential real estate market continues to thrive in India

Publication: THE INDIAN EXPRESS Date : 18 MARCH 2017 PAGE: 19
The residential real estate sector in India has had its ups and downs for two years now. Negative news about the sector seem to be all the rage these days.

 CITY NEWS

     

Centre gives violators six months to get green nod

Publication: TIMES OF INDIA Date : 18 MARCH 2017 PAGE: 02
Mumbai: The Union ministry of environment and forests and climate change (MoEFCC) has offered a six-month window for all entities who started construction without seeking environmental clearance (EC), to apply for the same.
     

With dip, Maha status as industrial hub takes a hit

Publication: TIMES OF INDIA Date : 18 MARCH 2017 PAGE: 04
Mumbai: Even as the state government aims to make Maharashtra an industrial hub, the growth rate in the sector has dipped this year to 6.7% from 7.5% last year.
     

Free pass for nine illegal floors?

Publication: THE ASIAN AGE Date : 18 MARCH 2017 PAGE: 03
Mumbai: The Brihanmumbai Municipal Corporation (BMC) has allegedly failed to take action against Maitri building, a residential complex that stands tall in Kalina with nine unauthorised floors, above the three authorised floors, despite repeated complaints from a local ex-corporator and activists, since September last year.
     

Maharashtra under scanner for CRZ violation

Publication: THE ASIAN AGE Date : 18 MARCH 2017 PAGE: 03
Mumbai: Bombay high court on Friday directed the Maharashtra government to inform within two weeks if it had permission and a no objection certificate (NOC) from coastal regulation zone (CRZ) authorities to set up temporary office at Cuffe Parade to oversee construction 
     

The Rent Realty of Mumbai

Publication: AFTERNOON Date : 18 MARCH 2017 PAGE: 17
A recent property report by a research agency stated that even people with handsome salaries are finding it difficult to purchase a house of their choice in prime locations in Mumbai, making renting the preferred option. Suraj Uchil gets expert and common man view

REALTY NEWS

     

PAC flags Rs 4 crore land tax dues of Lavasa City

Publication: THE ASIAN AGE Date : 18 MARCH 2017 PAGE: 03
Mumbai: Public Accounts Committee (PAC) of Maharashtra Assembly today pointed out various tax liabilities of Lavasa City Corporation (LCL) in Pune district, including Rs 3.97 crore of land tax.
     
     

Realty Not Yet Best Asset Class for Investors

Publication: ECONOMIC TIMES Date : 18 MARCH 2017
Is it the right time to buy property, given that real estate prices are falling, home loans are becoming cheaper, and markets are on the upswing? Not really. Experts are advising buyers not to rush in as a pick-up in demand may take much longer than anticipated.
     

Centre gives violators six-month window to obtain environmental approvals

Publication: ET REALTY Date : 18 MARCH 2017
MUMBAI: The Union ministry of environment and forests and climate change (MoEFCC) has offered a six-month window for all entities who started construction without seeking environmental clearance (EC), to apply for the same.
     

Why urban Indians are heading to buy weekend home

Publication: ET REALTY Date : 18 MARCH 2017
Elegant farmhouses, koi ponds, equestrian facilities, themed event venues, beachfront gardens, and private golf courses – India’s uber-rich have always splurged on their lavish vacation homes.
     

Home buyers' group to map delayed projects across India

Publication: ET REALTY Date : 18 MARCH 2017
NEW DELHI: The flat buyers' association, which played a key role in pushing the real estate regulation law has now started a new exercise to map and prepare a list of delayed projects across the country .
 

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