21ST & 22ND JANUARY 2018

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MCHI-CREDAI

21ST JANUARY 2018 NEWS

MCHI NEWS

     

Budget's focus on buyers will boost sales: Realtors

Publication: THE ASIAN AGE Date : 21 JANUARY 2018
After witness a dropin property sales following implementation

DP NEWS

     

Boost for cheap housing, open spaces in Mumbai: Maharashtra government to okay draft DP

Publication: HINDUSTAN TIMES Date : 21 JANUARY 2018
The state government is likely to give its nod to the city’s long-pending Draft Development Plan 2014-34 by the end of February, said officials who are part of the process.

CITY NEWS

     

Maharashtra has lost forest land bigger than the size of Mumbai to encroachers

Publication: HINDUSTAN TIMES Date : 21 JANUARY 2018
Maharashtra ranks fifth among states that have lost maximum forest areas to encroachers. Of the state’s 61,579 square kilometre (sq km) of forests, which is a fifth of its geographical area, encroachers

22ND JANUARY 2018 NEWS

AFFORDABLE HOUSING NEWS

     

Six affordable housing plays: Astral Poly, Symphony, Kajaria, and more

Publication: BUSINESS STANDARD Date : 22 JANUARY 2018
Affordable housing is among the star themes for 2018. There are two ways to explore this theme — buying real estate stocks or those in ancillary sectors such as home improvement and housing finance.

RERA NEWS

     

Around 45% prospective home buyers looking to buy after RERA: Quikr Homes

Publication: BUSINESS STANDARD Date : 22 JANUARY 2018
The Real Estate Regulatory Act (RERA) has acted as a great confidence booster for prospective buyers, around 45 per cent of whom are now looking to purchase homes in the first quarter of 2018,
     

Around 45pc prospective home buyers looking to buy after RERA

Publication: THE NEW INDIAN EXPRESS Date : 22 JANUARY 2018
Bengaluru, Jan 21 (PTI) The Real Estate Regulatory Act (RERA) has acted as a great confidence booster for prospective buyers, around 45 per cent of whom are now looking to purchase homes in the first quarter of 2018, 

 

INFRA NEWS

     

Speed up Bhayandar-Naigaon sea link project, says CM Fadnavis

Publication: DNA Date : 22 JANUARY 2018
Chief Minister Devendra Fadnavis who also heads Mumbai Metropolitan Region Development Authority (MMRDA) has instructed its officials to fast track the construction of the 5 km-long

CITY NEWS

     

Maharashtra plans housing scheme for construction workers

Publication: THE INDIAN EXPRESS Date : 22 JANUARY 2018
The Maharashtra labour department is coming out with a housing scheme for construction workers with a target of 1 lakh houses in the next one year.
     

Cut in transfer charges to free up land for industrial usage in Mumbai suburbs

Publication: MINT Date : 22 JANUARY 2018
Maharashtra chief minister Devendra Fadnavis said that the idea was to facilitate industrial use of vacant plots of land or those plots where the manufacturing units have turned sick
     

Five housing societies treat 37,000 kg of waste in Mumbai in seven months

Publication: HINDUSTAN TIMES Date : 21 JANUARY 2018
Since July last year, five housing societies in city’s western suburbs have sent 37,000 kg less garbage to overburdened dumps by treating it at source. This is more than five times the waste Mumbai generates
     

Coming up: Parking space for 2k cars

Publication: MUMBAI MIRROR Date : 22 JANUARY 2018
Built by developers in lieu of additonal FSI, 7 new lots will bring respite to the city’s parking space constraints

OTHER CITY NEWS

     

Pune civic body gives six months to regularise illegal buildings

Publication: ET REALTY Date : 22 JANUARY 2018
PUNE: Owners of illegal properties in the city will be able to get them regularised till July according to the new state government directive.

REALTY NEWS

     

1,063 properties registered online in 14 days

Publication: TIMES OF INDIA Date : 22 JANUARY 2018
MOHALI: The Mohali district has passed the litmus test as in the past fortnight, 1063 people have got their properties registered online with the revenue department.
     

Bharti Realty to invest Rs3,500 crore on two projects in Delhi-NCR

Publication: MINT Date : 22 JANUARY 2018
New Delhi: Bharti Enterprises’ real estate firm Bharti Realty plans to invest about Rs3,500 crore to develop one commercial and a housing project in Delhi-NCR, a top company official said.
     

Property market in India: Why relaxed FDI norms will be a boost for realty brokerages

Publication: FINANCIAL EXPRESS Date : 22 JANUARY 2018
The govt’s stance that property brokerage services are not real estate biz and hence are eligible for 100% automatic-route FDI would pave way for JVs with MNCs

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