20TH SEPTEMBER 2018

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MCHI-CREDAI

MCHI NEWS

     

Affordability without connectivity means nothing, say hard-hit real estate developers

Publication: DNA Date :20 SEPTEMBER 2018
Delay in the CSMT-Panvel elevated corridor and Panvel-Virar corridor has got the real estate market in Navi Mumbai worried.

PMAY NEWS

     

Poor response hits PM’s affordable housing scheme

Publication: MUMBAI MIRROR Date :20 SEPTEMBER 2018
State waives deposit for homes for economically poor sections as various fees discouraged applicants; target to build 19 lakh houses by 2022

COURT NEWS

     

Bombay HC gives state two months to begin mapping wetlands

Publication: THE ASIAN AGE Date :20 SEPTEMBER 2018
Mumbai: The Bombay high court on Tuesday inquired about the mapping of wetlands across the state. The HC asked whether satellite mapping of the wetlands of different districts of Maharashtra

INFRA NEWS

     

Rs 393 crore contract to build five Metro-2B stations scrapped

Publication: DNA Date :20 SEPTEMBER 2018
In a major setback that will delay construction of the DN Nagar-Mandale Metro-2B corridor, the Mumbai Metropolitan Region Development Authority (MMRDA) has scrapped a contract of Rs 393 crore
     

Double trouble: Airport Metro line may hit a roadblock too

Publication: DNA Date :20 SEPTEMBER 2018
Delay in the execution of CST-Panvel elevated corridor may prove to be a setback for construction of the proposed high-speed metro by Mumbai Metropolitan Region Development Authority (MMRDA)
     

Bureaucratic hurdles delay CSMT-Panvel and Panvel-Virar corridors

Publication: DNA Date :20 SEPTEMBER 2018
If you are among the 10 lakh commuters on the Harbour line who are eagerly waiting for the CSMT-Panvel elevated high-speed corridor and Panvel-Virar suburban corridor
     

Despite ban, heavy vehicles worsen Mumbai’s traffic mess

Publication: HINDUSTAN TIMES Date :20 SEPTEMBER 2018
Heavy vehicles include mini buses, school buses, private service vehicles, ambulances, trucks and lorries, tanker, delivery van (three- and four-wheelers) and tractors.
     

Let intercepted vehicles wait at octroi booths, say traffic police

Publication: HINDUSTAN TIMES Date :20 SEPTEMBER 2018
The traffic police officers said the idea of restricting heavy vehicles was to provide more space for other vehicles to pass. But making them wait on the road, defeats the purpose of the ban.

CITY NEWS

     

118 Backbay buildings have no legal right over land

Publication: MUMBAI MIRROR Date :20 SEPTEMBER 2018
Revenue dept finds that no lease agreement was ever signed with the govt since allotment in the 1960s
     

25 parking lots unused since 2017 in Mumbai, BMC can’t find takers

Publication: HINDUSTAN TIMES Date :20 SEPTEMBER 2018
Twenty-five parking lots across the city, that could altogether accommodate approximately 2,100 cars, lie unused and vacant because the Brihanmumbai Municipal Corporation (BMC)
     

2,600 high-rises violated fire safety norms in 4 years

Publication: HINDUSTAN TIMES Date :20 SEPTEMBER 2018
In the past four years, the Brihanmumbai Municipal Corporation’s (BMC) fire brigade department inspected over 5,200 high rise buildings, of which, over 50% were found to have violated fire safety norms.
     

Maharashtra wants 50 per cent share for states in central taxes

Publication: THE INDIAN EXPRESS Date :20 SEPTEMBER 2018
Based on recommendations of the previous commission, the Narendra Modi government had earlier increased the share of states in central tax collections to 42 per cent from the previous level of 32 per cent.

REALTY NEWS

     

In cheer for homebuyers, anti-profiteering body asks Pyramid Infratech to pass on GST benefits

Publication: LIVE MINT Date :20 SEPTEMBER 2018
Over 100 home owners, who had bought residential units under the Haryana affordable housing policy in 2013, had approached the NAA alleging that Pyramid Infratech

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