22ND DECEMBER 2017

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MCHI-CREDAI

ITAT NEWS

     

Booking a flat being built also earns tax relief on earlier sale

Publication: TIMES OF INDIA Date : 22 DECEMBER 2017
Mumbai: A taxpayer who books an under-construction flat and acquires it within three years of the sale

CONTI...

RERA NEWS

     

Open car parking not for sale: MahaRERA

Publication: DNA Date : 22 DECEMBER 2017
While hearing two cases, the Maharashtra Real Estate Regulatory Authority (MahaRERA) held that no developer can sell an open car parking to the homebuyer.

NGT NEWS

     

Green tribunal raps Centre, strikes down notification on construction projects

Publication: TIMES OF INDIA Date : 22 DECEMBER 2017
Mumbai: Terming it a ‘ploy’ to circumvent environmental safeguards, the National Green Tribunal has struck down the union ministry of Environment, Forests and Climate Change (MoEFCC)
     

NGT stays MoEF order on clearance of big building projects

Publication: DNA Date : 22 DECEMBER 2017
In a setback for the Ministry of Environment and Forest (MoEF), the National Green Tribunal (NGT) has stayed the Ministry's December 2016 notification that exempted building projects up to an area of 1,50,000 square metres

RR NEWS

     

Govt to avoid raising ready reckoner rate

Publication: TIMES OF INDIA Date : 22 DECEMBER 2017
Nagpur: The state government is considering keeping the ready reckoner rate stable or even reducing it further for 2018, said revenue minister Chandrkant Patil in the legislative council on Thursday.

NGT NEWS

     

Green tribunal raps Centre, strikes down notification on construction projects

Publication: TIMES OF INDIA Date : 22 DECEMBER 2017
Mumbai: Terming it a ‘ploy’ to circumvent environmental safeguards, the National Green Tribunal has struck down the union ministry of Environment, Forests and Climate Change (MoEFCC)
     

NGT’s Swatanter Kumar invokes Paris climate deal to quash green exemption to construction sector

Publication: HINDUSTAN TIMES Date : 22 DECEMBER 2017
The National Green Tribunal has quashed the environment ministry’s decision to exempt the construction sector from environmental approval

CITY NEWS

     

State dilutes slum redevelopment plan in Maharashtra

Publication: THE INDIAN EXPRESS Date : 22 DECEMBER 2017
A ‘slum’ tag will no longer be a pre-requisite for planning slum redevelopment schemes in Maharashtra. In a contentious move,
     

Mumbai’s slum-dwellers say they want houses, but won’t pay for them

Publication: HINDUSTAN TIMES Date : 22 DECEMBER 2017
Slum-dwellers — who own houses built between 2000 and 2011 and have so far not got legal protection — welcomed the state government’s new amendment that will help them get houses.

REALTY NEWS

     

State may lodge FIR against infra giant

Publication: TIMES OF INDIA Date : 22 DECEMBER 2017
Nagpur: The state government is likely to lodge a case against Larson and Toubro (L&T) if proved that the infrastructure giant has violated the Urban Land (Ceiling & Regulation) Act, by changing the land use from industrial to residential.
     

L&T case: Govt assures action within a week

Publication: DNA Date : 22 DECEMBER 2017
The state government on Thursday assured action against those involved in the alleged violations of land use laws incurring losses worth crore of rupees to the government by Brihanmumbai Municipal Corporation (BMC) and engineering giant Larsen & Toubro company.
     

HDFC to sell HDFC Developers, HDFC Realty to Quikr India for Rs 357 cr

Publication: BUSINESS STANDARD Date : 22 DECEMBER 2017
Tiger Global-backed online classifieds platform Quikr has acquired HDFC Developers Ltd. and HDFC Realty Ltd. in a deal that is valued at Rs 357 crore,
     

What are the opportunities and challenges for growth in 2018?

Publication: MINT Date : 22 DECEMBER 2017
Arundhati Bhattacharya, former chairman of State Bank of India (SBI); V. Ramakrishnan, chief financial officer (CFO) of Tata Consultancy Services Ltd; Sudhir Mathur, chief executive officer (CEO),

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