23RD TO 25TH MAY 2018

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MCHI-CREDAI

23RD MAY 2018 NEWS

MCHI NEWS

     

Debate on Zee Business of Mr Ajit K Mathur

Publication: ZEE BUSINESS Date : 23 MAY 2018
Recent Debate on Bandra Versova Sea Link of Ajit K Mathur on Zee Business conceptualized by him 2 ½ years back extending Coastal Freeway Road Northwards upto Western Express/ Ahmedabad Highway

INFRA NEWS

     

Avoid traffic, take a boat from Thane to South Mumbai

Publication: HINDUSTAN TIMES Date : 23 MAY 2018
Chief minister Devendra Fadnavis on Monday assured residents of seamless connectivity throughout Mumbai Metropolitan Region (MMR), for which, he said one of the options was water transport.

CITY NEWS

     

Building activity in Mumbai set to face slump in next few months

Publication: THE INDIAN EXPRESS Date : 23 MAY 2018
The sanctioned new DP has lowered the permissible floor space index (FSI), known internationally as floor area ratio, for construction projects in the suburbs of Mumbai as compared to the current levels.

REALTY NEWS

     

DLF aims to double sales bookings to Rs 2,500 crore in FY19

Publication: ET REALTY Date : 23 MAY 2018
MUMBAI: Realty major DLF is looking to more than double its sales bookings to Rs 2,000 crore to Rs 2,500 crore in the current financial year. The company is also aiming to turn debt free by the end of March 2019

24TH MAY 2018 NEWS

MCHI NEWS

     

साल के अंत तक लागू हो सकेगी डीपी

Publication: नवभारत टाइम्स Date : २४ मे २०१८
भले ही मुंबई की विकास योजना (डीपी) जारी कर दी गई है,

RERA NEWS

     

Plan to bind Mhada builders by MahaRera

Publication: THE TIMES OF INDIA Date : 24 MAY 2018
State housing minister Prakash Mehta has convened a meeting of officials from MahaRERA along with those from housing and urban development departments, Slum Rehabilitation Authority and Mhada on Thursday.
     

MahaRERA website will have names of defaulters

Publication: THE ASIAN AGE Date : 24 MAY 2018
Mumbai: In a move to make the Maharashtra Real Estate Regulatory Authority (MahaRERA) smart, the authorities will soon publish the names of defaulting realtors on their website.

DP NEWS

     

Mumbai Development Plan 2034: It’s time to submit your suggestions, objections

Publication: HINDUSTAN TIMES Date : 24 MAY 2018
You can now send in your suggestions and objections to the new Development Control and Promotional Regulations, 2034 (DCPR) till June 21, said the civic body on Tuesday.

PMAY NEWS

     

Maharashtra: First PMAY lottery in Nashik slated to be held next month

Publication: DNA Date : 24 MAY 2018
The first lottery for the Pradhan Mantri Awas Yojna in the state will be held in June, with 448 homes up for grabs — 248 in Aurangabad and about 300 in Nashik.

IBC NEWS

     

New IBC amendment puts homebuyers at par with financial creditors

Publication: LIVE MINT Date :24 MAY 2018
The IBC amendment is likely to positively impact claims of homebuyers in pending court cases against real estate firms such as Jaypee Infratech and Amrapali Group
     

Homebuyers get financial creditor status

Publication: DNA Date :24 MAY 2018
In a major relief to thousands of homebuyers stuck in incomplete housing projects, including Jaypeee's, the Union Cabinet on Wednesday approved an ordinance to amend the Insolvency and Bankruptcy Code (IBC).

25TH MAY 2018 NEWS

MCHI NEWS

     

New provisions of Mumbai Development Plan 2034 open for suggestions

Publication: HINDUSTAN TIMES Date : 25 MAY 2018
Citizens have until June 21 to send in suggestions for and objections to selected parts of the Development Plan 2034 (DP).
     

Give suggestions, objections to excluded portions in development plan till June 23

Publication: THE TIMES OF INDIA Date : 25 MAY 2018
Mumbai: The state government on Thursday issued the gazette notification for Mumbai’s Development Plan-2034 (DP-2034), lifting the suspense on the period for submission of suggestions and objections.
     

400 bldg projects cleared after debris dumping sites identified

Publication: THE TIMES OF INDIA Date : 25 MAY 2018
Mumbai: Between March and May 2018, the BMC has managed to clear as many as 430 new building projects. The flurry follows the identification of sites for dumping construction debris in the city.

CITY NEWS

     

BMC looks to slashing premium it charges for giving extra FSI

Publication: DNA Date : 25 MAY 2018
The Brihanmumbai Municipal Corporation (BMC) is proposing to bring out a policy paper to re-examine the premium that it charges for the release of additional floor space index (FSI) to the realty sector.

REALTY NEWS

     

Maharashtra makes Mhada ‘planning authority’ for faster execution

Publication: HINDUSTAN TIMES Date : 25 MAY 2018
This move to make Mhada a nodal agency will result in the speedy redevelopment of 114 Mhada layouts spread across Mumbai and cut down red-tapeism
     

Bonanza for builders as railways proposes to open up its colonies for redevelopment

Publication: MUMBAI MIRROR Date : 25 MAY 2018
Railways says the idea is to raise Rs 50,000 crore to fund an array of projects in Mumbai; urban planners warn this would only worsen congestion in the city

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