22ND & 23RD APRIL 2017

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MCHI-CREDAI

22ND APRIL 2017

RERA NEWS

     

RULES FOR REAL ESTATE SECTOR RELEASED

Publication: TIMES OF INDIA Date : 22 APRIL 2017
The state housing department released on Friday the set of rule that the real estate sector needs to follow.
     

RERA TO THE RESCUE!

Publication: TIMES OF INDIA Date : 22 APRIL 2017
It is a known fact that real estate developers would benefit immensely from the changes that RERA will bring in. And a happy developer would lead to many happy home-buyers. Read on...

CITY NEWS

     

Punish Mhada officials, realtor for redevpt scam: Housing dept

Publication: THE ASIAN AGE Date : 22 APRIL 2017
Mumbai: The state housing department in a probe report has suggested action against the Maharashtra Housing and Area Development Authority (Mhada) and a developer over allegations of irregularities in a multi-crore suburban project for redevelopment of Patrawala Chawl in Goregaon.
     

Children, go play someplace else

Publication: MUMBAI MIRROR Date : 22 APRIL 2017
Traffic Dept seeks 22 grounds to develop pay-and-parks. The 22 grounds, most of them popular with kids and senior citizens, together cover around 50 acres, that is over twice the size of Oval Maidan.

OTHER CITY NEWS

     

Navi Mumbai airport gets green nod, all work to start

Publication: TIMES OF INDIA Date : 22 APRIL 2017
Mumbai:   The Union ministry of environment and forests (MoEF) on Friday granted the crucial stage II forest clearance for the Navi Mumbai international airport (NMIA), paving the way all the work on the ground such as cutting and levelling of Ulwe hill,

REALTY NEWS

     

AKSHAYA TRITIYA TO BOOST MARKET FOR AFFORDABLE HOMES

Publication: TIMES OF INDIA Date : 22 APRIL 2017
Considering that affordable housing fits into most buyers' budget, many developers are looking forward to cash in on this auspicious occasion by further offering discounts and attractive deals
     

Why are housing projects delayed? Industry, buyer groups hope to have answers soon

Publication: HINDUSTAN TIMES Date : 22 APRIL 2017
The numbers are startling, and it’s not always the builder’s fault. Take Monish Chandan, 31, a financial consultant from Mulund who invested in Runwal Infinity 9 years ago.

23RD APRIL 2017

MCHI NEWS

     

To boost realty, BMC to hold talks with MCHI on reducing premiums on permits

Publication: THE INDIAN EXPRESS Date : 23 APRIL 2017
IN A bid to address the prolonged slowdown in real estate sector, the Brihanmumbai Municipal Corporation (BMC) is planning to hold a series of discussions with the Maharashtra Chamber of Housing Industry (MCHI) over the next few weeks.

BDD NEWS

     

All pending redevpt projects will be cleared in two years, says CM

Publication: TIMES OF INDIA Date : 23 APRIL 2017
Mumbai:   Makeover Of BDD Chawls Finally Begins Chief minister Devendra Fadnavis on Saturday said that all pending redevelopment projects in the city will get clearances in two years.
     

Mumbai CM Devendra Fadnavis criticises previous govts for delay: BDD chawl redevelopment plan takes off

Publication: THE INDIAN EXPRESS Date : 23 APRIL 2017
The BDD chawl, which is an integral identity of Mumbai city, also marks one of the biggest housing projects in India.

OPEN SPACES NEWS

     

BMC to take over JVPD open spaces, save Rs 4,200cr meant for purchase

Publication: TIMES OF INDIA Date : 23 APRIL 2017
Mumbai:   Mhada To Hand Over Plots, Hsg Assn Opposes The BMC stands to gain control of 12 public amenity plots -valued at Rs 4,200 crore -spre ad across the Juhu-Vile Parle Development Scheme area without spending any public funds.

INFRA NEWS

     

Airports authority to give land for Metro-7 car shed at Dahisar in Mumbai

Publication: HINDUSTAN TIMES Date : 23 APRIL 2017
The Airports Authority of India (AAI) will hand over a part of its plot at Dahisar for the Mumbai Metropolitan Region Development Authority (MMRDA) to build a car depot for the proposed Metro -7 corridor (Andheri East to Dahisar East).

CITY NEWS

     

BMC regains control of Andheri playground, packs off squatters

Publication: TIMES OF INDIA Date : 22 APRIL 2017
Mumbai:   Civic Chief Says 3.3-Acre Plot To Be Developed For Kids' Use Your space-starved city just grabbed another open space from being usurped by squatters.

REALTY NEWS

     

Home loans: Use your annual bonus to significantly reduce interest outgo

Publication: BUSINESS STANDARD Date : 23 APRIL 2017
It is that part of the year when salaried employees receive their annual bonus. After a year’s hard work, people eagerly look forward to this windfall, which they often wish to spend on things they have desired for long, such as a vacation or a consumer durable.

CREDAI-MCHI,

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