26TH SEPTEMBER 2018

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MCHI-CREDAI

HOUSING FOR ALL NEWS

     

India's urban areas facing multi-pronged challenges in ensuring housing for all: Puri

Publication: BUSINESS STANDARD Date :26 SEPTEMBER 2018
India's urban areas are facing multi-pronged challenges and a "complex ecosystem" in ensuring housing for all, Union minister Hardeep Singh Puri said Tuesday.

DCPR NEWS

     

Expect taller buildings near Metro, Monorail stations in Mumbai

Publication: HINDUSTAN TIMES Date :26 SEPTEMBER 2018
The Mumbai Metropolitan Region Development Authority (MMRDA) is planning a 190-kilometre metro network across the city with Metro interchanges at Marol, Ghatkopar, Dahisar, Andheri Western express Highway
     

Maharashtra government has plans to offer FSI incentives to those who offer land

Publication: HINDUSTAN TIMES Date :26 SEPTEMBER 2018
Originally, the excluded part of DCPR removed floor space index (FSI) incentives, but the proposed modification reintroduces additional FSI for reservation plots

INFRA NEWS

     

4-yr coastal road work to start next month, BMC assures no cost rise

Publication: TIMES OF INDIA Date :26 SEPTEMBER 2018
Mumbai: The Marine Drive-Worli arm of the Mumbai coastal road is likely to be ready by 2022-end as the BMC standing committee on Tuesday gave its nod for the Rs 12,000 crore project,
     

Mumbai: BMC panel approves Rs 12,721-crore project, work set to begin in October

Publication: THE INDIAN EXPRESS Date :26 SEPTEMBER 2018
Mumbai Coastal Road Project is one of the pet projects of Shiv Sena president Uddhav Thackeray who first proposed it in 2013.
     

BMC clears Rs 12 cr coastal road project

Publication: THE ASIAN AGE Date :26 SEPTEMBER 2018
Mumbai: The Brihanmumbai Municipal Corporation (BMC) standing committee on Tuesday cleared the coastal road project.
     

South Mumbai to Worli: Coastal road work to begin next month

Publication: HINDUSTAN TIMES Date :26 SEPTEMBER 2018
The proposal to sanction the first phase was held back earlier by the committee citing cost escalation from roughly around Rs 6,000 crore to Rs 12,000 crore within a year

CITY NEWS

     

Builders lick their lips as state unlocks ‘wetland’ in Goregaon

Publication: TIMES OF INDIA Date :26 SEPTEMBER 2018
Mumbai: A 500-acre parcel of land, the largest chunk of private open space in the western suburbs

CONTI...

     

Pay 25% of RR rate to convert collector land to freehold

Publication: TIMES OF INDIA Date :26 SEPTEMBER 2018
Mumbai: Nearly two years after it amended the Maharashtra Land Revenue Code, 1966, the state on Tuesday approved the premium for conversion of collector’s land (class II occupancy land)
     

Maharashtra govt offers to sell prime lease land at concessional rates

Publication: THE INDIAN EXPRESS Date :26 SEPTEMBER 2018
On September 13, The Indian Express had earlier highlighted how the Fadnavis government, which is looking at new means of raising revenues, had proposed transfers of these state lands to their lands on ownership basis.
     

Building from debris

Publication: THE INDIAN EXPRESS Date :26 SEPTEMBER 2018
Construction and demolition waste is an environment and public health hazard. Its recycle and reuse offers a sustainable solution

MARKET SCENARIO NEWS

     

IL&FS, Sidbi file insolvency pleas in NCLT

Publication: TIMES OF INDIA Date :26 SEPTEMBER 2018
Mumbai: The crisis in IL&FS moved to the bankruptcy courts on Tuesday with both the debtor and a creditor seeking intervention. IL&FS said that it had filed an application with the National Company Law Tribunal (NCLT)
     

Were LIC, HDFC aware of brewing IL&FS crisis?

Publication: MINT Date :26 SEPTEMBER 2018
Mumbai/New Delhi: Housing Development Finance Corp. (HDFC)’s nominee director abruptly stepped down from the board of Infrastructure Leasing and Financial Services Ltd

REALTY NEWS

     

Mammoth Deal: Cyril Shroff and daughter buy flats worth Rs 75 crore

Publication: DNA Date :26 SEPTEMBER 2018
A big-ticket deal took place during Ganesh Chaturthi in Mumbai. The daughter in law of the Adanis — Paridhi Karan Adani — and her father Cyril Shroff bought flats worth Rs 74.66 crore in Worli.

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