24TH&25TH JULY 2017

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MCHI-CREDAI

24TH JULY 2017 NEWS

MCHI NEWS

     

Builders can't delete uploaded documents: RERA

Publication: DNA Date : 24 JULY 2017
Developers will now have to be extra careful when they are uploading any document for registration with the Real Estate Regulatory Authority (RERA).

RERA NEWS

     

RERA likely to weed out 4,000 ‘fraud’ realty agents in Maharashtra

Publication: TIMES OF INDIA Date : 24 JULY 2017
MahaRera announced the changes on Monday through a circular issued to encourage developers to speed up the registration of their projects with the authority
     

States told to set up realty regulators soon

Publication: TIMES OF INDIA Date : 24 JULY 2017
NEW DELHI: The ministry of housing and urban affairs (MoHUA) has asked state governments to establish a real estate regulatory authority immediately and assign the task of appellate tribunal to any existing tribunal where such a system has not been put in place.
     

Real estate bodies won’t move court against RERA

Publication: TIMES OF INDIA Date : 24 JULY 2017
NEW DELHI: National Real Estate Development Council (NAREDCO) will not move court against the implementation of Real Estate Regulation and (Development) Act (RERA),

CITY NEWS

     

Sewri BDD chawl redevelopment in trouble over land acquisition

Publication: DNA Date : 24 JULY 2017
The BDD chawl at Sewri redevelopment project has come under trouble over acquisition of land. According to a senior MHADA official, the land of BDD Sewri is leasehold land.
     

Builder liable to pay for delays in getting occupancy certificate

Publication: ET REALTY Date : 24 JULY 2017
It is common for builders to allow purchasers to occupy flats without obtaining the occupancy certificate, but they protect themselves by obtaining a declaration that possession is for fit-out.

25TH JULY 2017 NEWS

MCHI NEWS

     

CREDAI–MCHI, the “Ultimate Voice” of Real Estate Industry announced ‘Change of Guard’

Publication: MULUND NEWS Date : 25 JULY 2017
Mayur Shah, President at CREDAI-MCHI takes the reins forward with CSR initiative ‘Clean Mumbai, Green Mumbai and Skilled Mumbai

CONTI...

 RERA NEWS

     

NAREDCO & CREDAI won’t move court against Centre on RERA

Publication: ET REALTY Date : 25 JULY 2017
NEW DELHI: National Real Estate Development Council (NAREDCO) will not move court against the implementation of Real Estate Regulation and (Development) Act (RERA),
     

Builders take Centre to court, say RERA illegal

Publication: ET REALTY Date : 25 JULY 2017
NEW DELHI: A bunch of builders have approached two high courts challenging some of the key provisions in the Real Estate Regulation Act (RERA) including binging all “ongoing”
     

Maharashtra govt rules out extension for RERA registrations, July 31 deadline stays

Publication: ET REALTY Date : 25 JULY 2017
According to MahaRERA, 1,350 applications were received from developers for registration while more than 900 projects were approved
     

Government rules out extension for RERA registrations, July 31 deadline stays

Publication: TIMES OF INDIA Date : 25 JULY 2017
PUNE: With just a week left for completion of RERA registration for ongoing construction projects, the state government has made it clear that no extension will be given to developers or real estate agents for registering with the MahaRERA website.

 CITY NEWS

     

HC asks state to explain giving club open plot without tenders

Publication: TIMES OF INDIA Date : 25 JULY 2017
MUMBAI: The Bombay high court asked the state government on Monday to "come clean" and explain how it allotted a 4,425-square metre plot (pic, right) at Oshiwara in Andheri (west) to a private club without inviting tenders.

 REALTY NEWS

     

ASK Group achieves first close of Rs 1,000-crore fund; raises Rs 535 crore

Publication: ET REALTY Date : 25 JULY 2017
MUMBAI: ASK Property Investment Advisors (ASK PIA), the real estate private equity arm of ASK Group, has achieved first closure worth Rs 535 crore for its Rs 1,000-crore fund ASK Real Estate Special Situations Fund - I ( RESSF-I).

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