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Relief for city-dwellers: MahaRERA may take redevelopment projects within its ambits

Publication: DNA Date : 01 JANUARY 2019
While the Maharashtra Real Estate Regulatory Authority (MahaRERA) has been doing good work on various fronts, there's one thing that many expect the housing authority to add to its



Mumbai got 3,987 fire calls in 10 months of 2018, lowest in 3 years

Publication: HINDUSTAN TIMES Date : 01 JANUARY 2019
The Mumbai Fire Brigade (MFB) recorded 3,987 fire calls from March to December 2018, the least recorded in three years.

Mumbai: BMC and fire brigade inspect 377 establishments

Publication: THE INDIAN EXPRESS Date : 01 JANUARY 2019
THE BMC and the fire brigade have inspected 377 establishments and commercial units across the 24 wards as part of a week-long fire safety awareness drive beginning December 24.



RBI rings in New Year cheer for NBFCs, HFCs

Publication: BUSINESS LINE Date : 01 JANUARY 2019
To further facilitate more bank lending to non-banking finance companies (NBFCs) and housing finance companies (HFCs), the RBI has extended by three months the relaxed liquidity norms and the higher single borrower exposure rule implemented

IL&FS puts six prime properties in Mumbai, Kolkata on block

Publication: DNA Date : 01 JANUARY 2019
Infrastructure Leasing & Financial Services (IL&FS) Group is continuing with its asset divestment drive, this time by putting half-a-dozen of its properties on the block.




Politicos, realtors bat for drop in RR rates in Mumbai

Publication: DNA Date : 02 JANUARY 2019
In a poll bound year, political parties and realtors seem to be on the same page, especially when it comes to ready reckoner (RR) rates in Greater Mumbai.



1 parking lot for 4 apartments in city not enough, say experts

Publication: HINDUSTAN TIMES Date : 02 JANUARY 2019
The Development Control and Promotion Regulations (DCPR) 2034 don’t address the problem of insufficient parking space in residential buildings, forcing flat owners to park on roads, claim experts and urban planners.

Get Flat Buyers Out Of Illegal Occupation (Fire) Trap, Say Activists

Publication: MIDDAY Date : 02 JANUARY 2019
According to them, such buildings are not only risky to reside in, but also have a chance of ill-fighting fire-related incidents as they may lack necessary equipment and restrict fire engines because of construction-related work

BMC rejects proposal to acquire land for grounds

Publication: DNA Date : 02 JANUARY 2019
At a time when Mumbai suffers from a serious dearth of open spaces, the civic body's improvement committee has rejected proposals to acquire six plots measuring around 40,000 sq.metres of space reserved for schools and playgrounds.



The realty sector looks for a fillip

Publication: BUSINESS LINE Date : 02 JANUARY 2019
The real estate market was a mixed bag in 2018. It witnessed a recovery of sorts with at least 30 per cent growth in home sales and unsold stock getting liquidated.




GST Council to meet on Jan 10; to consider 5% GST on under-construction flats

Publication: THE HINDU Date : 03 JANUARY 2019
The GST Council is slated to meet on January 10 to discuss lowering GST on under-construction flats and houses to 5%, as well as hiking exemption threshold for small and medium enterprises.



Bring rehabilitation projects under MahaRERA: MHADA plea to CM Devendra Fadnavis

Publication: DNA Date : 03 JANUARY 2019
A demand that has been in existence for a long time — to bring redevelopment and rehabilitation projects a part of MahaRERA — has found a legitimate voice now.

MHADA Circular: Want Redevelopment Projects Under RERA

Publication: MID-DAY Date : 03 JANUARY 2019
MHADA issues circular saying approvals for such projects will be given within 70 to 90 days

Mhada will now give NOC for redevelopment in 90 days

Publication: HINDUSTAN TIMES Date : 03 JANUARY 2019
To speed up the revamp of Maharashtra Housing and Area Development Authority (Mhada) colonies, the housing body has now made it mandatory for its officials to issue its no objection certificates (NOCs) or offer letters within 90 days or face action.



Mumbai gets its wardens for parking

Publication: DNA Date : 03 JANUARY 2019
The 17th road residents welfare association of Khar West in the Bandra locality have employed traffic wardens on a monthly salary to ensure that haphazard parking doesn't happen on the street.

Land acquisition issue pushes Shiv Sena on the backfoot

Publication: DNA Date : 03 JANUARY 2019
After the opposition in Brihanmumbai Municipal Corporation (BMC) slammed ruling Shiv Sena for rejecting proposals to acquire six plots reserved for schools, playground and roads in the Development Plan 2034, .



1,100 affordable homes: CIDCO's Valentine Day gift to Mumbai

Publication: DNA Date : 03 JANUARY 2019
This Valentine Day, CIDCO will be announcing the results of 1100 homes that it has decided to sell via lottery. The lottery registration for these homes will be on till January 30.



Your dream home to get cheaper: Tax relief in the offing for housing projects

Publication: FINANCIAL EXPRESS Date : 03 JANUARY 2019
GST for under-construction units may be cut to 5% from 12%; input tax credit may go for builders

Maharashtra tops in home loans, accounts for 24% of national sales

Publication: BUSINESS LINE Date : 03 JANUARY 2019
Maharashtra accounts for a fourth of the overall home loans sold by all types of lenders, with the financial capital, the adjoining city of Thane and Pune being the biggest pockets of demand, according to a report.

New real estate trends expected to emerge in 2019

Publication: MINT Date : 03 JANUARY 2019
New Delhi: For potential homebuyers, the year 2019 is not expected to be any different from the last few years.


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