03RD & 06TH JULY 2018

If you cannot read this email, please click here





Infrastructure sector growth dips to 10-month low of 3.6% in May

Publication:DNA Date : 03 JULY 2018
NEW DELHI: Growth of eight infrastructure industries dropped

Jaypee Infra homebuyers oppose promoter control

Publication: FINANCIAL EXPRESS Date : 03 JULY 2018
A consortium of nine associations of homebuyers of Jaypee Infratech (JIL) does not want promoter Jaiprakash Associates (JAL) to regain control of the embattled real estate company.

MMRDA urged to up number of coaches on Metro-1 route

Publication:DNA Date : 03 JULY 2018
With ridership of Versova-Andheri-Ghatkopar Metro-1 —the city's only operational metro route— increasing by the day,



Now, hsg socs need to give only 10 docus to get to own land

Publication: TIMES OF INDIA Date : 3 JULY 2018
Mumbai: It’s good news for around 10,000 housing societies in Mumbai and thousands more in Navi Mumbai, Thane, Pune and other cities who have been struggling to get deemed conveyance—ownership right

SRA to hear residents' claims against firm in slum project

Publication: DNA Date : 3 JULY 2018
The Slum Rehabilitation Authority will hold a hearing on Wednesday to sort out grievances of people of a residential society in suburban Andheri which is being redeveloped by a private builder.




Is your building 'green'? PWD will soon inspect its sustainability

Publication: DNA Date : 4 JULY 2018
Nearly 100 engineers from the state's Public Works Department will soon be inspecting buildings for Green Building certification.

Maharashtra government moots fresh FSI bonanza for mill developers

Publication: THE INDIAN EXPRESS Date : 4 JULY 2018
Sources said that the rider would allow the south Mumbai builder to protect extra areas build before the government introduced the fungible FSI policy in 2012.

Real estate alone does not make for thriving economy

Publication: HINDUSTAN TIMES Date : 4 JULY 2018
Kumar Ketkar, Congress MP and veteran journalist, is of the view that the current dispensation has little knowledge or understanding of primary and secondary economies in the country which create jobs.




Rs 250crore allotted for bullet train

Publication: DNA Date : 05 JULY 2018
Nagpur: Despite opposition from Shiv Sena chief Uddhav Thackeray, the Congress and the Nationalist Congress Party (NCP), the state government has made a provision of Rs 250 crore for the bullet train project in the supplementary demands.



Tenants want to redevelop cessed building in Dongri

Publication: DNA Date : 5 JULY 2018
Tenants of two buildings located in Dongri are facing a troubling time. They claim that the developer who took their consent for redevelopment of the old cessed buildings isn't carrying out the work.

Bombay High Court directs 12,000 people to vacate homes in Sion by October end

Publication: DNA Date : 5 JULY 2018
Around 12,000 residents of 21 buildings have three months to vacate their houses which they have been occupying for decades.



ICICI Bank's mortgage portfolio crosses Rs 1.5-trillion; lender aims to grow home loan book to Rs 2 trillion by FY20

Publication: FIRST POST Date : 5 JULY 2018
Mumbai: ICICI Bank on Wednesday said its mortgage loan portfolio crossed the Rs 1.5-trillion milestone, making it the largest private player in the segment,

HDFC seeks opportunities in stressed real estate

Publication: FINANCIAL EXPRESS Date : 5 JULY 2018
Housing Development Finance Corporation (HDFC) is seeking opportunities in stressed real estate assets, chairman Deepak Parekh said in his letter to shareholders.

Foreign direct investment: A long saga of broken promises

Publication: BUSINESS STANDARD Date : 5 JULY 2018
One of the biggest promises of investment came from the Chinese real estate conglomerate Dalian Wanda

2018, the year real estate died

Publication: MINT Date : 5 JULY 2018
New Delhi: We all know somebody who has made a mini fortune by investing in a flat or residential plot at the right time.




Realty sites must list with MahaRERA: Mumbai Grahak Panchayat

Publication:DNA Date : 06 JULY 2018
Real Estate web portals, should register with Maharashtra Real Estate Regulatory Authority; the demand has been raised by the apex consumer forum of the city, Mumbai Grahak Panchayat (MGP).

MGP asks MahaRERA to regulate web portals

Publication: THE ASIAN AGE Date : 06 JULY 2018
Mumbai: The Mumbai Grahak Panchayat (MGP), a consumer body, has demanded that the Maharashtra Real Estate Regulatory Authority (MahaRERA) include under its purview portals such as makaan.com that advertise realty projects



Builder told to ensure drinking water supply

Publication: DNA Date : 6 JULY 2018
When a group of homebuyers approached MahaRERA complaining that they have been residing in a building which doesn't have potable water connection and other facilities, the developer argued that the complainants started residing in the building even when it didn't have an occupation certificate.

Green nod not required for national park tunnel: Centre

Publication: TIMES OF INDIA Date : 6 JULY 2018
Mumbai: No environmental clearance (EC) is required for the proposed Goregaon-Mulund Link Road (GMLR) that will pass through a hill while traversing through the Sanjay Gandhi National Park.


 Maker Bhavan II, 4th Floor, 18,
Sir Vithaldas Thakersey Marg, New Marine
Lines, Mumbai - 400 020.
T: 022 - 42121421
E: secretariat@mchi.net