.


24TH MAY 2017

If you cannot read this email, please click here



MCHI-CREDAI

 MCHI NEWS

     

To boost realty sector: BMC set to sweeten deal for builders

Publication: THE INDIAN EXPRESS Date : 24 MAY 2017
IN a bid to counter the prolonged slowdown in the real estate sector in the city, the Brihanmumbai Municipal Corporation (BMC) is likely to reduce some charges and penalties levied upon builders.
     

3rd Edition of BIZNET – Bridging the demand and supply of the building and construction material industry

Publication: CONSTRUCTION WORLD Date : 24 MAY 2017
BIZNET – ULTIMATE business & networking Platform by CREDAI-MCHI for the real estate industry – held on May 3, 2017, in Mumbai,

 SRA NEWS

     

Slum survey able to cover only 17% of structures in yr

Publication: TIMES OF INDIA Date : 24 MAY 2017
Mumbai:   Wary Residents Threaten, Even Hit Enumerators Opposition from slum-dwellers in several hutment colonies threatens to jeopardize the world's largest biometric slum survey that is under way in the city .

 PARKING POLICY NEWS

     

Mumbai residents, BMC may not address your concerns on new parking policy

Publication: HINDUSTAN TIMES Date : 24 MAY 2017
Mumbai city news: The Brihanmumbai Municipal Corporation said it was not keen on moving the house again to address citizens’ concerns.
     

BMC finalises parking policy, no mention of residents’ pleas

Publication: THE INDIAN EXPRESS Date : 24 MAY 2017
The Brihanmumbai Municipal Corporation (BMC) finalised the finer aspects of the parking policy during an internal meeting held on May 22.

 INFRA NEWS

     

Environment ministry allows MMRC to cut 1,000 mangrove trees at BKC, Dharavi for Metro 3

Publication: HINDUSTAN TIMES Date : 24 MAY 2017
MUMBAI CITY NEWS: “The clearances were issued only after MMRC agreed to plant at least 5,000 mangrove trees to compensate for the loss in green cover,”
     

Smooth ride on Mumbai’s Marine Drive? Possible soon, coastal road work starts in November

Publication: HINDUSTAN TIMES Date : 24 MAY 2017
MUMBAI CITY NEWS: The government is also trying to reclaim land from the Arabian Sea to construct the road and introduce a law to hasten completion of special projects
     

Slum survey able to cover only 17% of structures in yr

Publication: TIMES OF INDIA Date : 24 MAY 2017
Mumbai:   Wary Residents Threaten, Even Hit Enumerators Opposition from slum-dwellers in several hutment colonies threatens to jeopardize the world's largest biometric slum survey that is under way in the city .
     

MTHL may be delayed, thanks to 2,300 queries

Publication: THE ASIAN AGE Date : 24 MAY 2017
Mumbai: The Maharashtra government’s much-delayed project Mumbai Trans Harbour Link (MTHL) could be delayed further by a few months, as the government officials are busy replying to 2,300 queries of potential bidders related to the project.

 CITY NEWS

     

Redevpt blgs flat owners miffed with Rs 200 crore I-T notices

Publication: THE ASIAN AGE Date : 24 MAY 2017
Mumbai: Residents of six housing societies at Kalanagar in Bandra that have opted for redevelopment are engaged in a tussle with the income-tax (I-T) department, which had sent notices,
     

Mumbai civic body gets two more months to pass the Development Plan 2034

Publication: HINDUSTAN TIMES Date : 24 MAY 2017
Mumbai city news: The Maharashtra government has granted the Brihanmumbai Municipal Corporation time till July 18 to pass the Development Plan

 REALTY  NEWS

     

PEs Bet the Most on Commercial Realty

Publication: ECONOMIC TIMES Date : 24 MAY 2017
Mumbai: At Rs 5,630 cr, this is the highest inflow into office assets in the 1st quarter since 2009
     

Right time to buy a house as prices dip in real terms

Publication: BUSINESS LINE Date : 24 MAY 2017
MUMBAI, MAY 23: The average residential property prices in India’s top eight cities have moved up only 4 per cent in the past two years, signalling the right time for home buyers to take the plunge.
     

ASK Group's Unit Invests Rs 200cr in ATS Infra Project

Publication: ECONOMIC TIMES Date : 24 MAY 2017
ASK Property Investment Advisors, the real-estate private equity arm of financial services firm ASK Group, has ventured into commercial real estate with an investment of `200 crore in ATS Infrastructure's Noida-based mixed-use project Knights Bridge.

CREDAI-MCHI,

 Maker Bhavan II, 4th Floor, 18,
Sir Vithaldas Thakersey Marg, New Marine Lines, Mumbai - 400 020.
T: 022 - 42121421
E: secretariat@mchi.net