RERA NEWS

Nearly 7,000 builders register with state RERA

Publication: MID-DAY Date : 28 JULY 2017

With barely 24 hours to go for the July 31deadline, builders have been rushing in droves to get their projects registered with the state RERA.

CONTI...

Builders get 3 months to come under RERA rules

Publication: TIMES OF INDIA Date : 31 JULY 2017

Panaji: A delay in notifying the Real Estate (Regulation and Development) Act (RERA) rules for Goa has once again delivered a setback to consumers who were waiting for RERA to be enforced before buying homes.

RERA: UP redefines ‘ongoing’ projects, exempts even those applied for licence

Publication: THE INDIAN EXPRESS Date : 31 JULY 2017

According to industry officials, in Noida alone, around 50 under-construction group housing projects have been delayed by three to four years due to the slowdown in the realty sector.

INFRA NEWS

BMC awaits central nod for aeronautical survey

Publication: TIMES OF INDIA Date : 31 JULY 2017

Mumbai: The BMC wants to carry out an aeronautical survey of the city's airspace to get clarity on the maximum height buildings can have in various parts of the city so that they may not be hindrances in flight paths during emergencies.

Metro-2B corridor work hits a roadblock

Publication: DNA Date : 31 JULY 2017

Seven months after floating bids for construction of DN Nagar-Mandale Metro-2B corridor, the Mumbai Metropolitan Region Development Authority (MMRDA) has hit a roadblock with the corridor still lacking a crucial nod from the Airport Authority of India (AAI).

 CITY NEWS

RTI: State gave Mahim nature park protected forest tag in '91

Publication: TIMES OF INDIA Date : 31 JULY 2017

MUMBAI: A government resolution has declared Maharashtra Nature Park (MNP) in Mahim a `protected forest' under the Indian Forest Act 1927,

CONSUMER AS KING - Consumer forum can compel bldr to execute flat agreement

Publication: TIMES OF INDIA Date : 31 JULY 2017

When housing projects get delayed, buil ders often at tempt to capitalize on price escalation by trying to get rid of their earlier commitments so that the same flat can be sold to another buyer at a higher rate.

Benami Transactions: Government provisionally attaches properties in 233 cases

Publication: THE INDIAN EXPRESS Date : 31 JULY 2017

Government data show that while the value of attached properties is Rs 813 crore, those attached in Kolkata region alone accounted for Rs 477 crore or more than 58 per cent of the value of benami properties

In Mumbai: Documents reveal Mahim nature park was notified as forest in 1991

Publication: HINDUSTAN TIMES Date : 31 JULY 2017

As the debate continues on whether Aarey Milk Colony, Goregaon, is actually a forest or not, a government resolution (GR) from 1991 has revealed that Maharashtra Nature Park (MNP),