04TH JUNE 2019 NEWS

CITY NEWS

BMC goes into huddle as state govt sop for builders will dent its coffers

Publication: TIMES OF INDIA Date : 04 JUNE 2019

Mumbai: The state government’s decision to offer discounted additional FSI to builders redeveloping old tenanted buildings has not gone down well with the BMC.

Maharashtra: Fire audits must for housing societies

Publication: ET REALTY Date : 04 JUNE 2019

Suhas Patwardhan, the vice-chairman of the State Housing Federation, told TOI that they would conduct special camps and workshops to make housing societies aware of the fire audits.

Buffer zone reduction in CRZ draft rules has green brigade go red

Publication:DNA Date : 04 JUNE 2019

Environment activists warn of dire ecological and environmental consequences if the new provisions for buffer zone limit around mangroves in the draft Coastal Regulation Zone Notification (CRZ) of 2018 are implemented.

REALTY NEWS

Buyers won't lose money for cancelling delayed flats: NCDRC

Publication: ET REALTY Date : 04 JUNE 2019

The apex consumer commission directed real estate major Supertech to refund the entire amount of over Rs 1 crore to a buyer for delay of two years in delivering the house

Property tax fills Pune civic body's coffers with Rs 700 crore in two months

Publication: ET REALTY Date : 04 JUNE 2019

PUNE: Two months into the new fiscal and a sustained campaign later, the Pune Municipal Corporation (PMC) has earned Rs 700 crore as property tax in April and May.

05TH JUNE 2019 NEWS

CITY NEWS

Govt gives ‘big sop’ for redevpt of BIT chawls, builders say good only on paper

Publication: TIMES OF INDIA Date : 05 JUNE 2019

Mumbai: The state government has drastically slashed the stamp duty for builders who redevelop municipal tenanted properties, located mainly in the island city between Colaba and Byculla.

Factory pollution almost nil in Navi Mum, Thane: Monitors

Publication: TIMES OF INDIA Date : 05 JUNE 2019

Over 100 industries in the state are emitting deadly particulate matter much higher than the safe limit, say pollution monitors. Emissions of around 14 industries around Mumbai —

Tree-felling more on pvt forest land, officials throw up hands

Publication: TIMES OF INDIA Date : 05 JUNE 2019

Mumbai: Director of Vanashakti D Stalin said deforestation in the proposed Western Ghats Eco Sensitive Area is visible in approximately 103 locations across 48 villages.

Slum rehab needs to be done properly: HC

Publication: MUMBAI MIRROR Date : 05 JUNE 2019

While dismissing a petition filed by a developer, the court suggested that projects be allotted in a fair manner

REALTY NEWS

50% of south-central Mumbai's high-end apartments unsold: Anarock Property

Publication: BUSINESS STANDARD Date : 05 JUNE 2019

Of the luxury apartments in the south-central portion of Mumbai which were launched after 2013, half are still unsold, says Anarock Property Consultants.