24TH NOVEMBER 2018 NEWS

INFRA NEWS

BULLET TRAIN WILL EAT UP FOREST LAND THE SIZE OF 218 FOOTBALL FIELDS

Publication: MUMBAI MIRROR Date : 24 NOVEMBER 2018

TOP BUREAUCRATS IGNORE ENVIRONMENTAL RAMIFICATIONS CITING THE PROJECT’S ‘NATIONAL IMPORTANCE’

MMRDA eyes MbPT's SOBO land to fund underground section of Metro corridor

Publication: DNA Date : 24 NOVEMBER 2018

To fund the upcoming Metro corridor between Wadala and the Chhatrapati Shivaji Maharaj Terminus, the Mumbai Metropolitan Region Development Authority (MMRDA) is eyeing a chunk of land at the eastern water front.

Monorail Phase 2 may open early next year: MMRDA

Publication: FREE PRESS JOURNAL Date : 24 NOVEMBER 2018

Mumbai: The Maharashtra Metropolitan Region Development Authority (MMRDA) expects to open the much-delayed Mumbai Monorail Phase 2 (Wadala to Jacob Circle) by early next year, said R A Rajeev, Metropolitan Commissioner of MMRDA.

DHARAVI REDEVT NEWS

Dharavi redevpt: State seeks to swap 107 acres of rly land

Publication: TIMES OF INDIA Date : 24 NOVEMBER 2018

Mumbai: Maharashtra government has asked the railways to be a part of the Dharavi redevelopment project

CONTI...

Global tenders to redevelop Asia's largest slum floated

Publication: DNA Date : 24 NOVEMBER 2018

The global tenders for selection of a lead partner to redevelop one of Asia's largest slums, Dharavi, was floated on Friday.

Mumbai: DRA floats global tenders, calls for bids to develop Dharavi as single sector

Publication: THE INDIAN EXPRESS Date : 24 NOVEMBER 2018

Dharavi redevelopment project has been in the pipeline since 2004 but hasn’t seen the light of the day for the want of a developer.

CITY NEWS

Maharashtra home to highest number of rich real estate entrepreneurs

Publication: THE INDIAN EXPRESS Date : 24 NOVEMBER 2018

In Maharashtra, there are 41 such entrepreneurs spread across three districts — Mumbai, Thane and Pune. Maharashtra was followed by followed by Delhi with 22 individuals and Karnataka with 21 individuals.

25TH NOVEMBER 2018 NEWS

CITY NEWS

Study group to create a manual on self-redevelopment of buildings in Maharashtra

Publication: DNA Date : 25 NOVEMBER 2018

Self-redevelopment is a trend that is slowly making its way in Mumbai's real estate market where housing societies who do not wish to go with a developer, choose to redevelop their own buildings.

REALTY NEWS

Delayed loan EMI? Cough up 18% GST on penal interest

Publication: TIMES OF INDIA Date : 25 NOVEMBER 2018

Mumbai: The GST Authority for Advance Rulings (GSTAAR), Maharashtra, has held that penal interest paid by a customer for delay in payments of equated monthly instalments to a finance company is subject to GST.

High-end homes: Realty check

Publication: DNA Date : 25 NOVEMBER 2018

Catering to a very niche clientele and ‘not’ the general mass, luxury housing has evolved at a rapid pace in India. The new rich prefer the discreet and yearn for experiential luxury, not just outside their homes but also within it.

26TH NOVEMBER 2018 NEWS

CITY NEWS

Mangrove cover rises 30% in Konkan, falls by 4% in Mumbai Metropolitan Region

Publication: HINDUSTAN TIMES Date : 26 NOVEMBER 2018

Says study by Central Institute of Brackishwater Aquaculture; Mangrove cell points to successful awareness campaigns; activists have mixed views

REALTY NEWS

Home loans are up, home sales are not. Why so?

Publication: MINT Date : 26 NOVEMBER 2018

Home sales have been slow for the past few years. A report by Liases Foras says the total number of unsold residential units across eight big cities in the July-September period rose by 1.05%