27TH AUGUST 2018

If you cannot read this email, please click here


MCHI-CREDAI

INFRA NEWS

     

AAI finally gives up plan to extend Juhu runway into sea

Publication: MUMBAI MIRROR Date : 27 AUGUST 2018
The Airports Authority of India (AAI), which owns the Juhu airport, has given up its long-standing plan to extend the runway into the sea. A recent reply given by the AAI to environmentalist Zoru Bathena confirms this.
     

Navi Mumbai: Work on airport likely to begin in October

Publication: THE INDIAN EXPRESS Date : 27 AUGUST 2018
On August 24, the GVK-led NMIAL had sought expressions of interest for construction and engineering work at the airport. The last date for responses is September 10.
     

BMC bars events at Goregaon ground till Metro 7 work is over

Publication: TIMES OF INDIA Date : 27 AUGUST 2018
Mumbai: With the Western Express highway being a chock-a-block through the day, the BMC has told the Bombay Exhibition Centre (Nesco)

CITY NEWS

     

Builders wary of title insurance fearing cost escalation

Publication: ET REALTY Date : 27 AUGUST 2018
A title insurance is a form of indemnity insurance that protects investment in real estate and provides coverage against financial loss arising from title defects and other irregularities pertaining to property acquisition
     

Mumbai: Five-year jail, fine of Rs 1 lakh for flouting silent zones

Publication: THE INDIAN EXPRESS Date : 27 AUGUST 2018
In these silent zones, the noise level during the day cannot exceed 50 decibel and 40 decibel during the night. On the other hand, noise level permissible for industrial areas is 75 decibel during the day and 70 decibel at night.
     

Hsg society allowed to end redevpt deal with slack bldr

Publication: TIMES OF INDIA Date : 27 AUGUST 2018
Mumbai: The Bombay high court recently upheld an arbitrator’s decision permitting a housing society in Tilak Nagar, Chembur, to terminate its decade-old redevelopment contract with a builder.

REALTY NEWS

     

Real estate shows signs of revival after demonetisation

Publication: FINANCIAL EXPRESS Date : 27 AUGUST 2018
The confidence of homebuyers has started coming back and those sitting on the fence can be seen returning to the market, which is good news for the real estate sector.

 

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