23RD MARCH 2018

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MCHI-CREDAI

MMRDA NEWS

     

CM clears over ₹12,000cr MMRDA budget; Metro, MTHL to get boost

Publication: TIMES OF INDIA Date : 23 MARCH 2018
Mumbai: With a focus on speedy implementation of infrastructure projects in the city, especially Mumbai Metro, chief minister Devendra Fadnavis on Thursday approved a Rs 12,157 crore budget
     

MMRDA budget: Highest allocation for Authority at Rs 12,157 crore

Publication: THE INDIAN EXPRESS Date : 23 MARCH 2018
The Devendra Fadnavis government on Thursday approved a Mumbai Metropolitan Region Development Authority (MMRDA)

 TDR NEWS

     

State eyes all types of govt land for TDR

Publication: TIMES OF INDIA Date : 23 MARCH 2018
Mumbai: The state government, it appears, wants to monetise every bit of open space available in Mumbai.
     

Maharashtra govt mulls using government land to generate TDR

Publication: HINDUSTAN TIMES Date : 23 MARCH 2018
In a contentious move to mop up resources for the state exchequer, the cash-strapped state government is planning to examine if Transferred Development Rights (TDR)
     

State eyes all types of govt land for TDR

Publication: TIMES OF INDIA Date : 23 MARCH 2018
Mumbai: The state government, it appears, wants to monetise every bit of open space available in Mumbai.
     

Devendra Fadnavis clears Mumbai planning authority’s highest budget, focuses on Metro projects

Publication: HINDUSTAN TIMES Date : 23 MARCH 2018
A year before going to the polls, chief minister Devendra Fadnavis on Thursday approved the highest-ever budget of Rs12,157 crore for the Mumbai Metropolitan Region Development Authority (MMRDA)

SRA NEWS

     

Country’s tallest SRA tower set to come up in South Mumbai

Publication: THE ASIAN AGE Date : 23 MARCH 2018
Mumbai: Shapoorji Pallonji, the developer appointed by the Slum Rehabilation Authority (SRA) for the project related to the redevelopment of the Cuffe Parade slums in south Mumbai, has said it will build a 30-storey tower
     

Bombay high court upholds revocation of slum development contract

Publication: HINDUSTAN TIMES Date : 23 MARCH 2018
The Bombay high court has upheld the revocation of a contract for a slum redevelopment scheme in Borivli, which was hurriedly awarded to developer Abhinga Enterprise by then chief executive officer (CEO)

CITY NEWS

     

HC to finalize orders for protection of mangrove

Publication: TIMES OF INDIA Date : 23 MARCH 2018
Mumbai: Twelve years after its interim protective orders to save mangroves, the Bombay high court will pass its final orders in the matter.
     

CM replies, but questions remain

Publication: MUMBAI MIRROR Date : 23 MARCH 2018
Fadnavis assures assembly that Mahim Nature Park will remain a green space Will the state ask SRA to scrap the plan to include MNP in the Dharavi Redevelopment Project? That’s what activists want to know
     

Mahim Nature Park to be tagged as natural area, says Maharashtra CM Devendra Fadnavis

Publication: THE INDIAN EXPRESS Date : 23 MARCH 2018
A small battle has been won in the fight to preserve the Maharashtra Nature Park (MNP) in Mumbai. Chief Minister Devendra Fadnavis has told The Indian Express that the nature park area will be permanently tagged
     

Maharashtra relaxes 50-metre buffer norm for projects near mangroves

Publication: HINDUSTAN TIMES Date : 23 MARCH 2018
The rule about maintaining a 50-metre buffer zone in mangrove areas will no longer be applicable for future projects coming up in areas where development had taken place prior to the introduction of Coastal Regulation Zone.

OTHER CITY NEWS

     

Inspect wetland site: Locals

Publication: THE ASIAN AGE Date : 23 MARCH 2018
Mumbai: Residents of NRI Complex in Nerul have urged the state mangrove cell to inspect the Seawoods (Talawe) wetland site where development of a residential project has been approved by the City and Industrial Development Corporation of Maharashtra (Cidco).

REALTY NEWS

     

Mumbai, NCR most affected by real estate slowdown

Publication: BUSINESS LINE Date : 23 MARCH 2018
MUMBAI, MARCH 22 India’s two sought-after living destinations – NCR and Mumbai – have been the worst hit by the current real estate meltdown.
     

HCC falls 17% on Lavasa bankruptcy possibility

Publication: DNA Date : 23 MARCH 2018
Infrastructure developer Hindustan Construction Company (HCC) on Thursday slipped most in intra-day trade (17.30%) since August 24, 2015, as its smart city project Lavasa continues to suffer from debt burden a

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