MRTP NEWS

State amends town planning law to regularize illegal bldgs

Publication: TIMES OF INDIA Date : 02 APRIL 2017

Mumbai: Will Take It To HC, Which Has Rebuffed It Twice.Both the Houses of the state legislature on Saturday amended the Maharashtra Regional Town Planning (MRTP) Act to enable regularization of unauthorised constructions carried out till December 31, 2015.

 RR NEWS

RR rates hiked, buying home in city set to get costlier

Publication: TIMES OF INDIA Date : 02 APRIL 2017

Mumbai: Buying and selling property in Mumbai is set to become costlier with the state government on Saturday declaring the Ready Reckoner rates with an average increase of 3.95%. However, this is the lowest increase for Mumbai since 2010. The average increase for the state is 5.86%.

Homes in Mumbai to get costlier as ready reckoner rates increased

Publication: HINDUSTA TIMES Date : 02 APRIL 2017

MUMBAI: Buying a home in Mumbai got even more costlier as the Maharashtra government on Saturday hiked ready reckoner rates by 3.95% on an average from April 1.

 NO STAMP DUTY NEWS

Moving into your redeveloped flat? No need to pay stamp duty

Publication: TIMES OF INDIA Date : 02 APRIL 2017

Mumbai: In a major relief for residents moving into their new flats after redevelopment, the department of registration and stamps has ruled that they need not pay stamp duty .

 INFRA NEWS

`METRO SHED WORK IS NOT AUTHORIZED' - Stop all `illegal' construction at Aarey: Citizens

Publication: TIMES OF INDIA Date : 02 APRIL 2017

Mumbai: Citizens from across Mumbai marched to the Aarey police station on Saturday and registered a formal complaint against Mumbai Metro Rail Corporation Limited (MMRCL) for alleged illegal construction in the Aarey Colony .

Metro work at Aarey: Locals file complaint against MMRC

Publication: HINDUSTA TIMES Date : 02 APRIL 2017

MUMBAI: Concerned citizens and environmentalists filed a police complaint against the Mumbai Metro Rail Corporation (MMRC) Limited at Aarey police station on Saturday, alleging that the corporation carried out work on the area’s no-development zone (NDZ), without the requisite paperwork.

 CITY NEWS

BDD chawl redevpt work may finally begin in two weeks

Publication: TIMES OF INDIA Date : 02 APRIL 2017

Mumbai: The bhoomipujan of the much-delayed BDD chawl redevelopment will be done in the next fortnight. Replying to a query in the assembly on Saturday, minister of state for housing Ravindra Waikar said the government has awarded bids for the projects. .

Heritage Committee alters BMC's plan - No high-rises in 80 per cent of Marine Drive heritage area

Publication: MUMBAI MIRROR Date : 02 APRIL 2017

It's a victory of sorts for conser vationists in the long-drawn battle between heritage and development. The Mumbai Heritage Conservation Committee (MHCC) has suggested that nearly 80 per cent art-deco buildings in the Marine Drive heritage precinct cannot be allowed to rise up to 58 meters to generate funds for redevelopment and repairs.

REALTY NEWS

Buyers say Unitech never began work on their flats, MD held

Publication: THE INDIAN EXPRESS Date : 02 APRIL 2017

A Delhi court Saturday sent Unitech managing director Sanjay Chandra and his brother Ajay Chandra to police custody till the afternoon of April 3 for allegedly duping people who bought homes in Gurgaon’s Anthea Floors housing project.

Unitech's Chandras in cop net for fraud case

Publication: BUSINESS STANDARD Date : 02 APRIL 2017

A Delhi court on Saturday sent construction major Unitech’s promoters Sanjay and Chandra and Chandra to police custody till April 3, in an alleged fraud case related to a real estate project in Gurugram.