23RD TO 26TH DECEMBER 2017

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MCHI-CREDAI

23RD DECEMBER 2017 NEWS

MCHI NEWS

     

Activists fume at govt’s move to shrink CRZ area

Publication: MUMBAI MIRROR Date : 23 DECEMBER 2017
Say proposal to reduce no-development zone from 500 m to 200 m from sea to benefit builders

REALTY NEWS

     

Tech Disruption: Data analytics, AI to have significant impact on real estate landscape

Publication: INDIAN EXPRESS Date : 23 DECEMBER 2017
Impact on real estate Technology has transformed many aspects of our lives – from how we communicate, to how we buy things and the way we work.
     

Pradhan Mantri Awas Yojana: Fraudulent practices under govt scanner; info sought from states

Publication: INDIAN EXPRESS Date : 23 DECEMBER 2017
As part of preventing frauds in the name of PMAY(U), the housing ministry has issued public notices and also posted a disclaimer on its website intimating public that the govt has not authorised any developer to collect money

24TH DECEMBER 2017 NEWS

CITY NEWS

     

‘No exhibitions or activity that mar view from Marine Drive’

Publication: TIMES OF INDIA Date : 24 DECEMBER 2017
Mumbai: To ensure the view of the sea at south Mumbai’s popular Marine Drive remains unhindered, the municipal commissioner issued a diktat to officials ordering that henceforth no permission be granted for any exhibition,
     

No more rallies and fairs at Marine Drive promenade

Publication: THE INDIAN EXPRESS Date : 24 DECEMBER 2017
“Very few megacities in the world can be proud of such an open space. The idea is to ensure more and more public spaces are made available, and to protect public spaces that are already available," BMC Commissioner Ajoy Mehta said.

REALTY NEWS

     

Home Truths: Lessons for home buyers

Publication: BUSINESS LINE Date : 24 DECEMBER 2017
The year that went by was probably a watershed one for real estate. The housing market saw landmark policies such as the implementation of RERA (Real Estate Regulatory Act);

25TH DECEMBER 2017 NEWS

CITY NEWS

     

Homes stuck in pipeline, citizens spend a decade in transit camp

Publication: DNA Date : 25 DECEMBER 2017
Nearly everyone dreams of owning a house in Mumbai but the number of homebuyers and tenants that have seen their hopes dashed is a cautionary tale for others.
     

100-acre wetland in Mumbai becomes dumpyard as construction debris piles up

Publication: HINDUSTAN TIMES Date : 25 DECEMBER 2017
The complainants have satellite images of the site, indicating illegal reclamation of wetlands, banned by Bombay HC in 2012.
     

MMRC set to plant 20,000 trees in Mumbai’s Sanjay Gandhi National Park

Publication: HINDUSTAN TIMES Date : 25 DECEMBER 2017
According to the agreement, MMRC would be paying SGNP for planting and maintaining the trees for a period of seven years.

REALTY NEWS

     

Priya Dutt's Bandra flat sets real estate record

Publication: DNA Date : 25 DECEMBER 2017
Former Congress' Member of Parliament, Priya Dutt, who represented the Mumbai North Central parliamentary constituency, has set a real estate record.
     

Priya Dutt sells Bandra apartment for Rs 15.6 crore

Publication: ECONOMIC TIMES Date : 25 DECEMBER 2017
MUMBAI: Politician Priya Dutt, who represented the Mumbai North Central parliamentary constituency, has sold an apartment in Mumbai's Bandra suburb at Rs 93,000 per sq ft or total Rs 15.60 crore.

26TH DECEMBER 2017 NEWS

MCHI NEWS

     

State to maintain status quo on ready reckoner rates

Publication: TIMES OF INDIA Date : 26 DECEMBER 2017
The state government is planning to keep the ready reckoner rates stable in 2018 and not reduce them, revenue minister Chandrakant Patil said on Monday.

RERA NEWS

     

MahaRERA quashes complaints of delayed possession in 2 projects

Publication: MUMBAI MIRROR Date : 26 DECEMBER 2017
Promoters of Panvel, Khalapur projects had argued that official clearances held them up

INFRA NEWS

     

AC local thrills commuters, but high fare turns up heat

Publication: TIMES OF INDIA Date : 26 DECEMBER 2017
Elphinstone Road resident Pranali Keer was shaken to the core the day the stampede at the station’s foot over-bridge claimed 23 lives.
     

It’s not cool, Dahisar-Virar belt needs more regular services, say activists

Publication: TIMES OF INDIA Date : 26 DECEMBER 2017
Mumbai: Even as the railways plans to start Churchgate-Virar AC local from January 1, commuters and activists pointed out that high footfall stations, including Virar, Vasai and Bhayander,

CITY NEWS

     

Fire breaks out in posh Malabar Hill tower, limited to builder’s duplex flat

Publication: TIMES OF INDIA Date : 26 DECEMBER 2017
Mumbai: A fire that broke out in a duplex flat of a posh 31-storey residential tower in Walkeshwar, near Raj Bhavan, on Monday evening was controlled before it could spread and cause a tragedy.
     

Maharashtra ups revenue target of registration and stamps department

Publication: DNA Date : 26 DECEMBER 2017
Hard-pressed to meet its rising expenses due to the implementation of schemes like farm loan waivers and infrastructure projects, the cash-strapped state government is hiking the revenue collection target

REALTY NEWS

     

Maha among top 5 states diverting forest area for non-forestry uses

Publication: TIMES OF INDIA Date : 26 DECEMBER 2017
New Delhi: Maharashtra is among five states that account for more than 50% of diversion of forest area (56,069 hectares or 560.69 sq km) for non-forestry purposes from 2014-17.
     

Real estate firms target middle-income buyers

Publication: MINT Date : 26 DECEMBER 2017
Shapoorji Pallonji, Hiranandani Group and Puravankara Projects have launched middle-income housing projects to tap the sweet spot in real estate

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