1ST TO 4TH FEBRUARY 2019

If you cannot read this email, please click here


MCHI-CREDAI

1ST FEBRUARY 2019 NEWS

MCHI NEWS

     

कल्याणमध्ये प्रॉपर्टी एक्स्पोला उत्तम प्रतिसाद

Publication: NAVSHAKTI Date : 01 FEBRUARY 2019
कल्याण, दि. 31 – प्रत्येकाला कमी दरात मोठे घर मिळावे, त्यांचे गृहस्वप्न पूर्ण व्हावे, या उद्देशाने क्रेडाई एमसीएचआय कल्याण-डोंबिवली युनिटने 24 ते 27 जानेवारीदरम्यान कल्याण पश्‍चिम फडके मैदान येथे प्रॉपर्टी एक्सपोचे आयोजन केले होते.

INFRA NEWS

     

MUTP 3 projects move at a snail’s pace due to land acquisition woes

Publication: THE HINDU Date : 01 FEBRUARY 2019
In yet another example of the slow pace at which infrastructure projects move in the city, less than ₹100 crore of the budgetary sanction of over ₹500 crore for the Mumbai Urban Transport Project 3 (MUTP 3)

SRA NEWS

     

Maharashtra government to check realty developer's finances to award SRA project

Publication: DNA Date : 01 FEBRUARY 2019
To avoid slum redevelopment projects being halting midway by developers due to a cash crunch, the state has now decided to check the financial status of the developer in advance.

2ND FEBRUARY 2019 NEWS

MCHI NEWS

     

Real estate sector cheer over Section 54

Publication: DNA Date : 02 FEBRUARY 2019
There is finally a ray of hope for the real estate industry that has long been facing a slow down. While the low rate GST proposal was not accepted, it has been assured that the committee will review GST that a home buyer pays. This has raised the hopes of developers
     

रियल इस्टेट कोट

Publication: NAVBHARAT TIMES Date : 02 FEBRUARY 2019
रियल इस्टेट कोट यह दूर दृष्टि वाली बजट है। इसमें कोई कर नहीं बढ़ाया गया है। आयकर में छूट मिलने से रियल इस्टेट में निवेश बढ़ेगा।
     

बजट रीयल्टी क्षेत्र के ग्राहकों की धारणा को बल देने वाला : उद्योग

Publication: NAVBHARAT TIMES Date : 02 FEBRUARY 2019
मुंबई, एक फरवरी (भाषा) रीयल्टी उद्योग क्षेत्र ने अंतरिम बजट को मकान खरीदने वालों के लिए उत्साहजनक बताया है और कहा है कि इससे पिछले दो साल से मांग में कमी और नकदी संकट का सामना कर रहे उद्योग को अनिवार्य बढ़त देने वाला बजट है।
     

Real estate sector sees budget boosting consumer sentiment

Publication: BUSINESS LINE Date : 02 FEBRUARY 2019
The realty industry has welcomed the interim budget saying the many tax proposals will give the needed fillip to the sector that has reeling since the past two years with severe liquidity crisis and demand slowdown.
     

Real estate sector sees budget boosting consumer sentiment

Publication: BUSINESS LINE Date : 02 FEBRUARY 2019
The realty industry has welcomed the interim budget saying the many tax proposals will give the needed fillip to the sector that has reeling since the past two years with severe liquidity crisis and demand slowdown.
     

Mr. Nayan Shah, President, CREDAI-MCHI Views On Interim Budget – 2019

Publication: HELLO MUMBAI Date : 02 FEBRUARY 2019
“This budget for the first time in the history of Independent India could be termed as the Mid Income Household’s budget with an underlying socialist agenda.
     

Budget 2019: Real estate sector sees budget boosting consumer sentiment

Publication: FINANCIAL EXPRESS Date : 02 FEBRUARY 2019
India Union Budget 2019: The budget seeks to extend tax sops for affordable home developers and to remove the tax on notional rent for a second housing unit as well as unsold units.
     

Budget 2019: Real estate sector sees budget boosting consumer sentiment

Publication: FREE PRESS JOURNAL Date : 02 FEBRUARY 2019
India Union Budget 2019: The budget seeks to extend tax sops for affordable home developers and to remove the tax on notional rent for a second housing unit as well as unsold units.

3RD FEBRUARY 2019 NEWS

COURT NEWS

     

Flat owners’ consent must for new buildings within housing societies, rules Bombay high court

Publication: HINDUSTAN TIMES Date : 03 FEBRUARY 2019
If the developer is going to construct anything and take away the open space, it is imperative he disclose the proposal in the layout plan shown at the time of executing agreements for sale of flats

GST NEWS

     

GST effect: Ready possession houses high in demand

Publication: DNA Date : 03 JANUARY 2019
The developer and buyers who were expecting a reduction into 12% GST on the under construction houses got disappointed from the Budget. They said that if the government did not act quickly , the real estate sector will face major trouble

CITY NEWS

     

₹1,000cr budget shot likely to kick-start DP implementation

Publication: TIMES OF INDIA Date : 03 JANUARY 2019
Mumbai: The BMC is likely to make a Rs 1,000-crore provision in 2019-20 budget to implement a portion of the Development Plan (DP-34) that deals with construction of houses for those dishoused

4TH FEBRUARY 2019 NEWS

MAHARERA NEWS

     

Eastern waterfront revamp: New plan leaves just 74 hectares open space for Mumbai

Publication: HINDUSTAN TIMES Date : 04 FEBRUARY 2019
The land belongs to the Mumbai Port Trust (MbPT, the city’s biggest land-owner), and in a city starved of open spaces and citizen amenities, is perhaps the last chance to renew itself.

CITY NEWS

     

BMC budget to focus on infrastructure

Publication: THE ASIAN AGE Date : 04 FEBRUARY 2019
Mumbai: The Brihanmumbai Municipal Corporation’s (BMC) fiscal budget for the year 2019-20 will continue to concentrate more on major infrastructure projects that have already been announced.

OTHER CITY NEWS

     

Budgetary sops notwithstanding, demand revival in real estate sector remains elusive

Publication: MINT Date : 04 FEBRUARY 2019
Demand revival will come from lower interest rates that would make monthly instalments more affordable

REALTY NEWS

     

New launches to drive commercial office space growth

Publication: MINT Date : 04 FEBRUARY 2019
Embassy plans to launch a 2 mn sq. ft development, Embassy Taurus World Technology Centre

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