23RD OCTOBER 2018

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MCHI-CREDAI

MCHI NEWS

     

Developers want equal policy for cessed, uncessed buildings

Publication: DNA Date : 23 OCTOBER 2018
Realty players in the state have appealed to the state government to provide incentives in the form of additional floor space index (FSI) to both cessed and uncessed building owners.

CRZ NEWS

     

Activists to go NGT way to put Mumbai’s mangroves on the map

Publication: HINDUSTAN TIMES Date : 23 OCTOBER 2018
Activists say most wetlands left without protection against development; state says resolution of images the only issue
     

TMC told to stop work on wetland

Publication: THE ASIAN AGE Date : 23 OCTOBER 2018
Mumbai: The pet project of Thane Municipal Corporation, which is the waterfront development, has faced a new hurdle after permission to construct on coastal regulation zone (CRZ) areas were denied.

INFRA NEWS

     

MMRDA may alter layout of Sewri-Worli project

Publication: THE ASIAN AGE Date : 23 OCTOBER 2018
Mumbai: The Mumbai Metropolitan Region Development Authority (MMRDA) may have to alter the alignment of its Sewri-Worli connection project as a Bombay Development Directorate (BDD) chawl of Mhada falls on the route at Sewri.

CITY NEWS

     

Govt plans to reclaim 10 ha from sea for Shivaji statue

Publication: TIMES OF INDIA Date : 23 OCTOBER 2018
Mumbai: After severely downsizing the Shivaji sea memorial project to cut costs, the government is considering reverting to almost the original area planned to be reclaimed.
     

Mumbai: Sewage plant near coastal road to be beautified

Publication: DNA Date : 23 OCTOBER 2018
The Brihanmumbai Municipal Corporation (BMC) wants to leave no stone unturned for its ambitious Coastal Road Project.
     

MMRDA finds new land to rent for revenue

Publication: DNA Date : 23 OCTOBER 2018
After Mumbai Metropolitan Region Development Authority (MMRDA) lost a major chunk of its existing grounds to various infrastructure projects, it has zeroed down on another piece of land.

REALTY NEWS

     

Tata Realty Keen to Buy Chennai Land for ₹ 500 cr

Publication: ECONOMIC TIMES Date : 23 OCTOBER 2018
Co said to have emerged front-runner for asset owned by Xander and Realvalue Promoters
     

IL&FS crisis: NBFC cash crunch to trigger real estate consolidation

Publication: BUSINESS STANDARD Date : 23 OCTOBER 2018
The blow up at IL&FS, which led to the domino effect of tightened scrutiny and lending at NBFCs, took a swipe at the markets last week with realty stocks sliding across the board.
     

Housing sales up 24%; new supply down 35% in 9 cities in July-September: PropTiger

Publication: MONEY CONTROL Date : 23 OCTOBER 2018
Housing sales rose to 72,472 units during July-September 2018 from 58,470 units in the year-ago period across nine major cities.

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