26TH TO 29TH MAY 2018

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26TH MAY 2018 NEWS



The affordable housing hub

Publication: TIMES PROPERTY Date : 26 MAY 2018
An improving infrastructural network, increasing connectivity and the presence of reputed developers are only some of the reasons why Panvel is attracting residential and commercial investors



Mumbai development plan: Beach marked as residential zone set to be turned into public park

Publication: THE INDIAN EXPRESS Date : 26 MAY 2018
While the authorities remain tight-lipped about the controversy, questions are being raised on whether the change is being done to suit the interest of a business group with wide interests.



Now, MbPT made planning body for eastern waterfront

Publication: TIMES OF INDIA Date : 26 MAY 2018
‘Domestic Cruise Project Complete, Int’l In The Works, Modernization On’



Will Navi Mumbai International Airport's first flight be on time?

Publication: DNA Date : 26 MAY 2018
Twenty-one years after the Navi Mumbai International Airport (NMIA) was conceived, the civil aviation ministry said earlier this month that meeting the December 2019 deadline for making NMIA

27TH MAY 2018 NEWS



MahaRERA: Allotment letter is enough to seek refund

Publication: DNA Date : 27 MAY 2018
This will put an end to the debate on whether the Maharashtra Real Estate Regulatory Authority, or MahaRERA, will hear complaints on the basis of an allotment letter, in the absence of lack of a sale agreement.



BMC serves notice to vacate to 25 dilapidated buildings

Publication: THE ASIAN AGE Date : 27 MAY 2018
Mumbai: Residents of around 25 dilapidated buildings in the Sion-Koliwada Punjabi camp have been served notice by the BMC to vacate their premises.

HC seeks clarification on reserved land used for commercial gains

Publication: THE ASIAN AGE Date : 27 MAY 2018
Mumbai: The Bombay high court has sought replies from various authorities including the City and Industrial Development Corporation (Cidco) and state government regarding the allotment of a plot that was reserved for media activities for construction of a residential complex.

Mumbai: BMC pushes reserved parking lot idea to residents

Publication: DNA Date : 27 MAY 2018
Several issues concerning the space crunch for parking lots were discussed during a meeting, on Saturday



Thane locals raise objections to cluster development scheme

Publication: DNA Date : 27 MAY 2018
The cluster development scheme which was promoted by all the political parties in Thane is not garnering enough popularity among the locals.

28TH MAY 2018 NEWS



Developers' body wants amends in Mumbai's Development Plan 2034

Publication: DNA Date : 28 MAY 2018
While most part of the Mumbai's Development plan including that of the development control rules are in place, the authorities have called for suggestion and objections for the excluded plan (schedule B).



A checklist to ensure investing in affordable housing becomes rewarding

Publication: BUSINESS STANDARD Date :28 MAY 2018
Despite the high unsold inventory in real estate, a few high net worth individuals (HNIs) are looking for investment opportunities in the affordable housing space.



Rainwater harvesting a must for new buildings, BMC proposes

Publication: DNA Date :28 MAY 2018
According to the excluded part of the Development Plan (DP) 2034, the Brihanmumbai Municipal Corporation has proposed that rain water harvesting should be made mandatory for the new buildings.

Mumbai scraps historic 7/12 land ownership document

Publication: TIMES OF INDIA Date :28 MAY 2018
MUMBAI: The suburban Mumbai collector’s office has decided to scrap the iconic 7/12 extract, a crucial document for any landowner.



More funds may be needed to cover interest subsidy of PM’s weaker section home plan

Publication: BUSINESS LINE Date :28 MAY 2018
Radhika Merwin The Centre’s interest subsidy scheme for home loans has seen a healthy response from the low- as well as mid-income groups.

29TH MAY 2018 NEWS



Will Mumbai’s new development plan encourage growth of its metropolitan region?

Publication: HINDUSTAN TIMES Date :29 MAY 2018
Mumbai’s Development Plan 2034 and the Development Control and Promotion Regulations (DCPR) released by the state government earlier this month has become a major talking point in the city.

Development Plan: BMC plans to end parking woes

Publication: DNA Date : 29 MAY 2018
As the civic body miserably fails to efficiently manage on-street as well as off-street vehicle parking,



DNA Exclusive: Maharashtra government proposes Joint Venture formula to construct houses on private land

Publication: DNA Date : 29 MAY 2018
To push its flagship project of creating 22 lakh houses by 2022, the Maharashtra government has proposed a joint venture option with landowners.



Delhi builder faces anti-profiteering action

Publication: DNA Date : 29 MAY 2018
A committee of the National Anti-Profiteering Authority (NAA) has decided to take action against Eldeco, a well known Delhi-based builder, for not passing on the benefit of Goods and Services Tax (GST) to consumers.



Coworking Major WeWork Leases Second Office Building in Andheri

Publication: ECONOMIC TIMES Date : 29 MAY 2018
Mumbai : New York-headquartered collaborative workspace major We-Work’s India arm has picked up an entire commercial building Raheja Platinum spread over ten floors with 2 lakh sq ft office space on lease in


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