CITY NEWS

Delay in starting public utility projects on state govt land to cost allottees dear

Publication: TIMES OF INDIA Date : 28 DECEMBER 2016  PAGE NO: 02

MUMBAI:  Private trusts and institutions that have taken government land on lease for public purposes but have failed to start construction work on time, will have to pay dearly now.

Delay in construction on leased land to cost more in Maharashtra

Publication: HINDUSTAN TIMES Date : 28 DECEMBER 2016 PAGE NO: 05

MUMBAI: The Maharashtra government has decided to hike the fee to grant extension for builders to complete construction activities on leased plots from a negligible amount between 2% and 10% of the plot’s cost

Shiv Sena says civic officials delayed nod for projects

Publication: HINDUSTAN TIMES Date : 28 DECEMBER 2016 PAGE NO: 05

MUMBAI: The Shiv Sena has accused the civic administration of deliberately placing several proposals for discussion at the standing committee meeting ahead 

Another cement plant comes up at Mumbai’s Aarey colony

Publication: HINDUSTAN TIMES Date : 28 DECEMBER 2016 PAGE NO: 07

MUMBAI: Two months after a ready-mix-concrete (RMC) plant was shut down by the state pollution board at Aarey, another RMC plant has been set up at the city’s green lung ..

500kg trash removed from Mumbai’s Carter Road mangroves

Publication: HINDUSTAN TIMES Date : 28 DECEMBER 2016 PAGE NO: 07

MUMBAI: The state mangrove cell cleared nearly 500kg trash from the mangroves along with the Carter Road promenade in Bandra on Tuesday,

  REALTY NEWS

A Will’s registration is not compulsory, even if it has immovable property

Publication: LIVE MINT Date : 28 DECEMBER 2016 PAGE NO: 13

MUMBAI: The procedure for depositing a Will with the applicable registrar is contained in Sections 42-45 of the Registration Act, 1908

BOOST FOR REAL ESTATE SECTOR - Home Buyers to Reap Dividends of Rate Cut War.

Publication: ECONOMIC TIMES Date : 28 DECEMBER 2016 PAGE NO.: 01

 Home loan seekers may be in for a windfall with mortgage companies set to embark on an interest rate war amid a slump in the cost of funds as a consequence of demonetisation, in the process acting as a tonic for the moribund real estate sector.  

Tata Housing, Housing.com ink pact to develop digital platform

Publication: BUSINESS LINE Date : 28 DECEMBER 2016 PAGE NO.: 11

 MUMBAI, DECEMBER 27: Tata Housing, a subsidiary of Tata Sons, and real estate portal Housing.com have inked a strategic deal to build an end-to-end marketing platform,