24TH TO 27TH MARCH 2018

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MCHI-CREDAI

24TH MARCH 2018 NEWS

MCHI NEWS

     

नवीन बांधकामावर बंदी उठवली

Publication: महाराष्ट्र टाइम्स Date : 24 MARCH 2018
मागील दोन वर्षांपासून मुंबईतल्या नवीन बांधकामांवर

MMRDA NEWS

     

Mishaps at Metro sites in Mumbai: MMRDA to frame policy in 15 days

Publication: HINDUSTAN TIMES Date : 24 MARCH 2018
Agency will also create a labour welfare fund through collecting penalties from contractors in case of injuries, reporting accidents late or suppressing them
     

Send feedback to MMRDA if you want a house at BKC

Publication: THE ASIAN AGE Date : 24 MARCH 2018
Mumbai: Mumbaikars can start sending in their suggestions/objections if they want a house at the Bandra-Kurla Complex (BKC).

CITY NEWS

     

FSI raised to 4 for construction of permanent transit camps

Publication: MUMBAI MIRROR Date : 24 MARCH 2018
The state government has issued a notification increasing the Floor Space Index (FSI) benefit granted to developers building permanent transit camps for slum rehabilitation projects or other project affected persons in city from the current 2.5 to 3 in the island city and 4 in the suburbs.
     

Urban planners slam Maha govt’s move to generate TDR from state-owned land

Publication: HINDUSTAN TIMES Date : 24 MARCH 2018
The state government’s recent decision to examine if the Transferred Development Rights (TDR), which gives builders additional buildable rights, can be generated over Centre-owned and state-owned lands
     

After The Battle Of 300 Errors, Mumbai To Get Its Development Plan

Publication: MID-DAY Date : 24 MARCH 2018
Sources also revealed that the state will give more importance to affordable housing while sanctioning the DP 2034, to boost its vote bank ahead of the elections next year
     

Mumbai: Flaws Within 10 Years Of Construction To Attract Action

Publication: MID-DAY Date : 24 MARCH 2018
State to hold architects, licence surveyors, site engineers, supervisors, even construction company and consultant liable in such cases

REALTY NEWS

     

Housing sales in major cities down 40% in 2017 from 2013/14 levels: Study

Publication:BUSINESS STANDARD Date : 24 MARCH 2018
Housing sales declined by around 40 per cent last year to 2,02,800 units in seven major cities from the average sales of 2013 and 2014 mainly due to sharp fall in the Delhi-NCR market, according to property consultant ANAROCK.

25TH MARCH 2018 NEWS

MAHARERA NEWS

     

Developer told to advance possession by three years

Publication: THE ASIAN AGE Date : 25 MARCH 2018
The homebuyer had approached the authority to ask the developer for an interest payment for the delay.

CITY NEWS

     

Environmentalists on alert as builders eye Aarey colony

Publication: DNA Date : 25 MARCH 2018
Builders may once again run into trouble with environmentalists. This time over their suggestion of using two spots in Aarey for landfilling with the debris of construction work.
     

Businessman buys single apartment in Mumbai's Worli for record 120 crore

Publication: DNA Date : 25 MARCH 2018
In a record real estate deal, businessman Niraj Bajaj paid Rs 120 crore for a 1,587 sqmt apartment in Worli.

26TH MARCH 2018 NEWS

INFRA NEWS

     

‘Builders also entitled to interest for late payment’

Publication: TIMES OF INDIA Date : 26 MARCH 2018
Mumbai: MahaRera has held that builders are also entitled to interest for delayed payment in proceedings filed by buyers seeking interest for delay in possession
     

Infra authority to be formed to boost projects

Publication: THE ASIAN AGE Date : 26 MARCH 2018
It will carry out competitive bidding and choose the best bidder.

INFRA NEWS

     

Maha to buy 353 hectares for bullet train corridor

Publication: TIMES OF INDIA Date : 26 MARCH 2018
Mumbai: The Maharashtra government has begun the process of acquiring 353 hectares of land for the bullet train project, which the Centre wants to commission for commercial services from August 15, 2022.

CITY NEWS

     

‘Mangroves on Goregaon land destroyed by debris dumping’

Publication: TIMES OF INDIA Date : 26 MARCH 2018
Environmentalists say the conclusion reached by a state government-appointed committee on the status of mangroves on 500 acres of privately-held land in Goregaon (west) is not the whole truth.
     

Societies get relief from ‘unfair’ tax

Publication: MUMBAI MIRROR Date : 26 MARCH 2018
Non-agricultural tax on suburban property brought down from 3% to 0.05% of ready reckoner rate

REALTY NEWS

     

Registration offices see footfall drop as more opt to e-register

Publication: DNA Date : 26 MARCH 2018 2018
In only three years, online registration of documents has seen a surge of 58 per cent. Of the 1.35 lakh registrations in Mumbai in 2014-15, only 259 were made online.
     

Real estate: Regaining lost ground

Publication: BUSINESS LINE Date : 26 MARCH 2018 2018
The growth in the commercial space may continue, while the residential segment recovers slowly
     

Property deals are getting smart

Publication: BUSINESS LINE Date : 26 MARCH 2018 2018
Digitising land and property records can reduce disputes, costs and time

27TH MARCH 2018 NEWS

INFRA NEWS

     

Bullet train work to start after 90 per cent land acquired

Publication: THE ASIAN AGE Date : 27 MARCH 2018
The government is acquiring land in Palghar and Thane district but the owners are not ready to give the land.
     

DNA Exclusive: Maharashtra Government relaxes bid condition for local rolling stock for Metro

Publication: DNA Date : 27 MARCH 2018
In a major policy shift, the state government has given its approval to Mumbai Metropolitan Region Development Authority (MMRDA)

CITY NEWS

     

Fire brigade to use online system to keep tab on 2.98 lakh buildings in Mumbai

Publication: HINDUSTAN TIMES Date : 27 MARCH 2018
To ensure better fire safety for 2.98 lakh buildings in Mumbai, the fire brigade pans to introduce a new software to keep a tab on fire compliance norms.
     

Bombay High Court disposes petition against demolition by Mangrove Cell

Publication: DNA Date : 27 MARCH 2018
In a boost for the State Mangrove Cell, the Bombay High Court disposed of a petition filed against a demolition carried out in November 2017
     

बांधकामे नियमित करणे सुरू

Publication: लोकसत्ता Date : 27 MARCH 2018
मुंबईमधील अनधिकृत बांधकामे नियमित करण्याबाबतची प्रक्रिया सुरू करण्याचा निर्णय घेतला आहे.
     

MMRDA boss against plan to include MNP in Dharavi

Publication: MUMBAI MIRROR Date : 27 MARCH 2018
Metropolitan Commissioner UPS Madan raises objections in letter to Dharavi Redevelopment Plan CEO, says Mahim Nature Park should retain its present form

REALTY NEWS

     

Centre begins process of selling enemy properties

Publication: TIMES OF INDIA Date : 27 MARCH 2018
NEW DELHI: The government has initiated the process of sale of more than 9,400 enemy properties by issuing guidelines and directing the office of the custodian to submit the list of all such movable and immovable assets within three months.
     

10-year insurance must for new buildings, flat cost set to rise

Publication: DNA Date : 27 MARCH 2018
Developers and professionals associated with the construction of buildings in Maharashtra will now be accountable for any structural flaws or defects in the structures for 10 years after receipt of the occupation certificate.

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