MCHI NEWS

NAYAN SHAH NEW PRESIDENT OF CREDIA MCHI

Publication: MONEY CONTROL Date : 01 AUGUST 2018

Nayan Shah, President, CREDAI-MCHI takes the reins forward with a Mission for bringing back “Acche Din” for Home – Buyers

MahaRERA chief: Builders still not revealing details of projects

Publication: HINDUSTAN TIMES Date : 01 AUGUST 2018

MUMBAI : The Maharashtra Real Estate Regulatory Authority (MahaRERA) has expressed unhappiness with builders on the issue of disclosing details about their projects while registering them with the authority.

STAMP DUTY NEWS

Bought a house in Mumbai between May and Sept 2017? You have to pay extra stamp duty

Publication: HINDUSTAN TIMES Date : 01 AUGUST 2018

There was a stay on increasing ready reckoner rates during the period, but it has been lifted and the revenue department now wants to apply 2017 rates with retrospective effect from May 2017.

CITY NEWS

Hsg soc’s MC must provide info or pay fine

Publication: TIMES OF INIDA Date : 01 AUGUST 2018

Mumbai: Managing committees of co-operative housing societies will no longer be able to withhold information from members. Failure to provide the information sought could result in a Rs 25,000 penalty. No personal information about a member can, however, be divulged.

REALTY NEWS

Old south Mumbai bungalows jostle for space among skyscrapers

Publication: MINT Date : 01 AUGUST 2018

The luxury property market may be waning in India’s financial capital, but there’s no dearth of takers for old, iconic bungalows in south Mumbai