26TH MAY 2017

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Centre plans changes in coastal zone rules to give tourism a boost

Publication: TIMES OF INDIA Date : 26 MAY 2017
The government is mooting significant changes to the Coastal Regulation Zone notification (CRZ), file inspections under RTI by members of an ngo, Centre for Policy Research (CPR) has revealed.

Environment ministry planning to ease coastal regulation norms

Publication: MINT Date : 26 MAY 2017
The environment ministry’s plan to revamp coastal regulation norms could open up the 7,500km-long coastline for developmental projects but environmentalists fear for marine life

Coastal law being watered down at risk to ecology

Publication: MINT Date : 26 MAY 2017
NEW DELHI, MAY 25: A draft notification that effectively dilutes the provisions of the Coastal Regulation Zone Notification, 2011 with likely environmental consequences is under official consideration,



MOFA vs RERA: A Comparative Study

Publication: AFTERNOON Date : 26 MAY 2017
RERA came into effect on May 1 in Maharashtra. However, certain sections of another act related to the real estate industry, Maharashtra Ownership of Flats Act (MOFA), still remain in force, which could lead to confusion when it comes to actual implementation of the rules.

Draft RERA rules put out by Haryana under Centre’s scanner, says open to ‘legal channel’

Publication: FINANCIAL EXPRESS Date : 26 MAY 2017
The Haryana government on April 28 notified the Draft Haryana Real Estate Regulation and Development (RERA) Rules, 2017.

New realty law may put most brokers out of work

Publication: HINDUSTAN TIMES Date : 26 MAY 2017
According to real estate agent body National Association of Realtors-India (NRA), around 75% of total brokers may close down business in the next three years as regulatory reform sweeps over the real estate market.



Mumbai: Now, MTHL gets final environment clearance

Publication: MID-DAY Date : 26 MAY 2017
After the coastal road, it's the turn of the Mumbai Trans-Harbour Link (MTHL), connecting Sewri with Nhava Sheva, to get the green nod.



Slew of investors look at raising funds to buy apartments in a slow market

Publication: MINT Date : 26 MAY 2017
Several investors plan to raise real estate funds to buy apartments in bulk from developers, taking advantage of developers grappling with tepid sales

Advisory Firm Warns Against Raymond's Real Estate Deal

Publication: ECONOMIC TIMES Date : 26 MAY 2017
INVESTORS WARY Co proposes to transfer its Breach Candy property to promoters at about 90% discount to the market rate; deal may not impact firm's operations


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