26TH SEPTEMBER 2017

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MCHI-CREDAI

RERA NEWS

     

MahaRERA confusion! 2 developers give details for same project following internal dispute

Publication: THE FREE PRESS JOURNAL Date : 26 SEPTEMBER 2017
Mumbai: In what seems like an error in the project approval system of the Real Estate Regulatory Authority (RERA), 
     

Govt setting up 31-member committee to advise on RERA, protect home buyers

Publication: BUSINESS STANDARD Date : 26 SEPTEMBER 2017
The Centre is setting up a 31-member Central Advisory Council that will advise the government on protecting home buyers' interests, better implementation of the real estate regulation law
     

लाखों इमारतें रेरा पंजीकरण से बाहर

Publication: नवभारत टाइम्स Date : 26 SEPTEMBER 2017
मुंबई : महानगर और महाराष्ट्र की लाखों इमारतों को, जिनमें लोग कई सालों से रह रहे हैं, रियल इस्टेट रेगुलेटरी ऐक्ट (रेरा) के तहत पंजीकरण कराने की आवश्यकता नहीं है।

INFRA NEWS

     

Mumbai’s coastal road a step closer to reality; bidders get deadline

Publication: HINDUSTAN TIMES Date : 26 SEPTEMBER 2017
The Brihanmumbai Municipal Corporation (BMC) has again said that it would start work on the ambitious coastal road project early next year.

CITY NEWS

     

Flat buyers settle row with bldr, to get keys

Publication: TIMES OF INDIA Date : 26 SEPTEMBER 2017
Mumbai:   3-Yr Legal Fight Over Oshiwara Tower May End Soon Virtually putting an end to a legal battle that began three years ago against delayed possession of a pricey residential property here, flat purchasers in the plush 33-storeyed highrise,
     

Server snag stalls registration of properties in state

Publication: TIMES OF INDIA Date : 26 SEPTEMBER 2017
Citizens had to wait for hours in serpen tine queues for property registration as all 500 IGR offices across the state had to stop the process with the server remaining down for most part of the day .
     

प्रकल्पबाधित व्यापाऱ्यांना ‘रेडी रेकनर’नुसार भरपाई

Publication: लोकसत्ता Date : 26 SEPTEMBER 2017
व्यावसायिक प्रकल्पबाधितांच्या पुनर्वसनासाठी पालिकेकडे कमी व्यावसायिक गाळे उपलब्ध आहेत.

RELATY NEWS

     

K Raheja Corp-GIC buys 3-acre land parcel in Worli for Rs 610 crore

Publication: ET REALTY Date : 26 SEPTEMBER 2017
Siemens on Monday transferred and assigned its leasehold interest in this property to Whispering Heights Real Estate, a joint venture entity of Reco Solis an affiliate of GIC
     

Shapoorji Pallonji buys 20 acres from BPTP in Delhi

Publication: MINT Date : 26 SEPTEMBER 2017
Mumbai/Bengaluru: Shapoorji Pallonji Real Estate, part of the Shapoorji Pallonji Group, has bought 20 acres near Dwarka Expressway in New Delhi from builder BPTP Ltd, to build a 2 million sq. ft affordable housing project,
     

Motilal Oswal PE's RealtyArm Raises Over Rs 1k crore

Publication: ECONOMIC TIMES Date : 26 SEPTEMBER 2017
Mumbai:   FAMILY OFFICES, HNIs INVEST IN MORE'S THIRD REAL ESTATE FUND Motilal Oswal Real Estate (MORE), the real estate arm of Motilal Oswal Private Equity (MOPE), has raised over ` .
     

A crisis is building up in India’s real estate sector

Publication: BUSINESS LINE Date : 26 SEPTEMBER 2017
September 25, 2017: The Reserve Bank of India’s decision to push banks to clean their balance sheets by recognising non-performing assets, resolving bad debts of large defaulters and, failing that,

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