23RD NOVEMBER 2016

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MCHI-CREDAI

HIGH COURT NEWS

     

Saving mangroves crucial, but don’t halt development projects, says Bombay HC

Publication: HINDUSTAN TIMES Date : 23 NOVEMBER 2016  PAGE NO: 01
MUMBAI: The Bombay high court cleared five development projects across the state, stuck as they were likely to destroy mangroves, 
     

Bombay HC clears mangroves hurdle for 5 projects.

Publication: THE INDIAN EXPRESS Date : 23 NOVEMBER 2016 PAGE: 03 
Ecological concerns should not become impediment for development projects, says court. .

INFRA NEWS

     

Proposed Metro Rail Bill, 2016: Centre lays track for pvt role in Metro projects

Publication: THE INDIAN EXPRESS Date : 23 NOVEMBER 2016 PAGE NO: 20
MUMBAI: IN A major policy shift, the Ministry of Urban Development is set to pave the way for private construction and operation of Metro rail projects across the country..
     

MbPT to finalise design firms for eastern waterfront plan

Publication: DNA Date : 23 NOVEMBER 2016 PAGE NO: 04
MUMBAI:The city's eastern waterfront is likely to get a new iconic look over the next four years as the Mumbai Port Trust (MbPT) readies to appoint a design consultant.
     

CST bridge revamp plan gets nod, but with riders.

Publication: TIMES OF INDIA Date : 23 NOVEMBER 2016 PAGE: 08 
MUMBAI: An in-principle nod to refurbish the foot overbridge at the northern end of CST was given by the heritage panel on Monday. .
     

CR plans Rs 16cr travelator to link LTT & Kurla station.

Publication: TIMES OF INDIA Date : 23 NOVEMBER 2016 PAGE: 08 
MUMBAI: Central Railway plans to build a Rs 16-crore travelator, a moving walkway , to link Lokmanya Tilak Terminus (LTT) and Kurla railway station to ease commuters' woes.. .
     

Garden, cycling tracks may come up around Mumbai’s eastern coast.

Publication: HINDUSTAN TIMES   Date : 23 NOVEMBER 2016 Page No: 05 
A 100-acre garden, a long promenade with sea-side jogging and cycling tracks, a London-eye like giant wheel as the ‘Mumbai eye’, bus rapid transit systems, light-rail transportation systems, and service utility tunnels 

NAVI MUMBAI NEWS

     

Navi Mumbai airport cost shoots up 250% on expensive land

Publication: DNA Date : 23 NOVEMBER 2016 PAGE NO: MONEY
NAVI MUMBAI:Not a single brick has been laid but the proposed Navi Mumbai International Airport (NMIA) cost is already touching stratosphere.

CITY NEWS

     

They just know how to cheat, HC says as builder fails to give flats after 7 yrs

Publication: TIMES OF INDIA Date : 23 NOVEMBER 2016 Page No: 03 
Hearing a complaint against developer Jitendra Jain for failing to complete a building even after seven years, the Bombay high court directed Jain
     

BMC committee to discuss Campa Cola lessee change today

Publication: TIMES OF INDIA Date : 23 NOVEMBER 2016 Page No: 07 
The BMC civic improvements committee will on Wednesday discuss an old outstanding resolution regarding he controversial Campa Cola Compound in Worli
     

Maharashtra to fall short of projected stamp duty revenue

Publication: THE INDIAN EXPRESS Date : 23 NOVEMBER 2016 PAGE NO: 07
MUMBAI: Against a daily average of Rs 20 crore in stamp duty collections between April 1 and November 8, Mumbai could manage a meagre Rs 12 crore in daily collections post demonetisation.
     

Mumbai Crime: Builder held for cheating 40 people of Rs 133 crore

Publication: MID-DAY Date : 23 NOVEMBER 2016 PAGE NO: 08
MUMBAI: The Economic Offences Wing (EOW) of the city police has arrested a builder for allegedly cheating around 40 investors, who had paid him for investing in property.

  REALTY NEWS

     

5 effects of note ban on the common man.

Publication: DNA Date : 23 NOVEMBER 2016 Page No: 16
 As the country says goodbye to the old 500 and 1,000 rupee notes, and with restrictions on exchanging money and taxation on high amounts of deposits.
     

Demonetisation impact: A big blow for troubled realty sector.

Publication: BUSINESS LINE Date : 23 NOVEMBER 2016 Page No: 05
 NOVEMBER 22: The real estate sector, which sees a lot of cash payments, has been hit hard by the Centre’s move to ban ₹500 and ₹1,000 notes.
     

Demonetisation to have positive impact in long-term, says PNB Housing Finance chief.

Publication: BUSINESS LINE Date : 23 NOVEMBER 2016 Page No: 05
 NEW DELHI, NOVEMBER 20: PNB Housing Finance Limited (PNBHFL) is quite hopeful of maintaining the first half financial performance in the second half as well,its Managing Director Sanjaya Gupta has said..
     

Which route towards turning ‘smart’?.

Publication: BUSINESS LINE Date : 23 NOVEMBER 2016 Page No: 02
 MUMBAI: The modern mantra among urban planners, developers and governments is building smart cities...
 

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