23RD AUGUST 2017

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MCHI-CREDAI

MCHI NEWS

     

8 QUESTIONS EVERY HOME-BUYER SHOULD ASK...

Publication: TIMES OF INDIA Date : 23 AUGUST 2017
The year 2016 was one of the most im pactful years for the real estate sector. With an aim to bring in transparency and improve consumer confidence in the sector, the government introduced some major reforms and policies.

INFRA NEWS

     

Rs 700cr rehab plan for residents affected by Metro III gets going

Publication: TIMES OF INDIA Date : 23 AUGUST 2017
Nineteen buildings affected by the Metro III corridor in Girgaum and Kalbadevi will be redeveloped under the policy for old and dilapidated buildings.
     

Coastal Road project: Work likely to begin from January

Publication: THE INDIAN EXPRESS Date : 23 AUGUST 2017
The Coastal Road project has been divided into the northern and southern phase. While the south phase will run from the Princess Street flyover till the south end of the Bandra-Worli Sea Link,
     

Mumbai’s coastal road project: Work may start early next year

Publication: HINDUSTAN TIMES Date : 23 AUGUST 2017
The Brihanmumbai Municipal Corporation’s (BMC) ambitious coastal road project has reached the final stage of tendering process. Senior civic officials said the request for proposal (RFP)
     

Metro-3: Tunnels for Colaba-Bandra-Seepz line will shake foundations of 100-year-old buildings

Publication: HINDUSTAN TIMES Date : 23 AUGUST 2017
Several old and dilapidated buildings, some a 100 or more years old, in the Girgaum-Kalbadevi belt could be shaken to their foundations or worse
     

Mumbai Metro III project - Free-sale flats to offset cost of rehabilitation

Publication: MUMBAI MIRROR Date : 23 AUGUST 2017
The Mumbai Metro Railway Cor poration (MMRC) has decided to construct flats under free-sale category to recover the cost of rehabilitation of the families affected by the Mumbai Metro III project in Girgaum and Kalbadevi areas.

CITY NEWS

     

Strict norms, realty blues hit Ganpati mandals

Publication: TIMES OF INDIA Date : 22 AUGUST 2017
Mumbai: A stringent permissions process and a depressed real estate market appear to have led to a drastic drop in thenumber of sarvajanik Ganeshotsav mandals that have applied to the BMC for permission to set up pandals so far this year.
     

Recalculate FSI for SoBo towers, HC to civic chief

Publication: TIMES OF INDIA Date : 23 AUGUST 2017
The Bombay high court has directed the municipal commissioner to recalculate construction rights in the form of floor space index (FSI)

REALTY NEWS

     

Ready Jaypee flats to be handed over to buyers

Publication: ECONOMIC TIMES Date : 23 AUGUST 2017
NEW DELHI: The insolvency resolution professional (IRP) for Jaypee Infratech will shortly start giving possession of flats built by the debt-ridden real estate company,

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