2ND MAY 2017

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MCHI-CREDAI

 RERA NEWS

     

Builders get 3 mths to register projects on RERA website

Publication: TIMES OF INDIA Date : 01 MAY 2017 
Developers now have three months to register their ongoing construction projects with the Real Estate Regulatory Authority (RERA).
     

RERA kicks in, officials vie for key posts

Publication: THE INDIAN EXPRESS Date : 01 MAY 2017
Housing regulator established; property developers tread cautiously, noticeable drop in advertisements
     

How RERA will help home buyers

Publication: MUMBAI MIRROR Date : 01 MAY 2017 
With the Real Estate (Regulation and Development) Act, the government hopes to bring transparency and fair practices to the realty sector. Here's a lowdown on what it is, and how it will change things for you
     

Real-estate firms mull setting up special team to comply with RERA

Publication: BUSINESS LINE Date : 01 MAY 2017 
MUMBAI, MAY 1: With the Real Estate Regulation Act coming into force from May 1, a host of real-estate developers are scurrying to meet regulatory requirements.

 DP NEWS

     

DP 2034: Onus of reducing waste now on citizens

Publication: DNA Date : 01 MAY 2017
Sending out a clear message to Mumbaikars that the onus of reducing waste going to dumping grounds now rests squarely on them, the Development Plan (DP) 2034, a blueprint for the city's development over the years

 HC NEWS

     

DGCA summons owners of 45 buildings violating height rules near Chhatrapati Shivaji International Airport

Publication: THE INDIAN EXPRESS Date : 01 MAY 2017
In a bid to implement court orders to demolish irregular constructions near the Chhatrapati Shivaji International Airport, the Directorate General of Civil Aviation (DGCA)

 RR NEWS

     

DP 2034: Onus of reducing waste now on citizens

Publication: DNA Date : 01 MAY 2017
Sending out a clear message to Mumbaikars that the onus of reducing waste going to dumping grounds now rests squarely on them, the Development Plan (DP) 2034, a blueprint for the city's development over the years to come,

 INFRA NEWS

     

MoEF may ease coastal norms for real estate

Publication: DNA Date : 01 MAY 2017
As part of its plans to ease coastal rules in the country, the Ministry of Environment has proposed to lift restrictions on real estate development that will ease FSI regulations, relax the extent of no-development zones and also permit the construction of public amenities,
     

Mumbai: Fisherfolk up in arms against plan to ease coastal norms for construction

Publication: THE INDIAN EXPRESS Date : 01 MAY 2017
The fishermen community is strongly opposed to the proposal and has threatened to hit the streets in protest if the government goes ahead with it

 CITY NEWS

     

Juhu family can recycle debris, develop plot: SC

Publication: TIMES OF INDIA Date : 01 MAY 2017 
Mumbai: The Supreme Court has come to the rescue of a family which could not develop its own residential property in JVPD because of last year's Bombay high court ban on new constructions in Mumbai.

REALTY NEWS

     

Home loans biggest driver of credit growth

Publication: TIMES OF INDIA Date : 01 MAY 2017 
Mumbai: Grow 16% Over Five Years As Loans To Corp Slow To 6.7%. Over the last five years home loans have recorded the highest compounded annual growth rate (CAGR) of over 16% and now account for over 12% of all bank credit.
     

SLOWING PACE - PE Investments in Home Realty Fall as Sales Fail to Pick Up

Publication: ECONOMIC TIMES Date : 01 MAY 2017
Fewer new projects, lesser margin of safety also making investors wary, say experts Private equity investments in India's residential real estate market have now fallen for two consecutive quarters reflecting the segment's
 

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