04TH JULY 2019

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MCHI-CREDAI

MCHI NEWS

     

State govt says builders need not surrender excess land; SC agrees

Publication: TIMES OF INDIA Date : 04 JULY 2019
Mumbai: Builders will no longer have to surrender excess land for public housing under the now-defunct Urban Land (Ceilings and Regulation) Act (ULCRA).
     

२८०८ हेक्टर जमीन बांधकामासाठी खुली

Publication: LOKSATTA Date : 04 JULY 2019
कमाल नागरी जमीन धारणा कायद्यांतर्गत सरकारने अतिरिक्त ठरवलेली जमीन माफक एकरकमी अधिमूल्य आकारून खुली करण्याबाबत राज्य सरकार आणि बांधकाम व्यावसायिकांमध्ये समझोता झाल्याने ही जमीन सरकारच्या ताब्यात जाण्याविरोधातील खटला मागे घेण्यास महाराष्ट्र चेंबर ऑफ हाऊसिंग इंडस्ट्रीला सर्वोच्च न्यायालयाने हिरवा कंदील दाखवला आहे.
     

शिफारसी स्वीकारल्याने पुनर्विकासाचा प्रश्न मार्गी

Publication: MAHARASHTRA TIMES Date : 04 JULY 2019
नागरी कमाल जमीनधारणा कायद्यातील (यूएलसी) कलम २० अंतर्गत जमिनींवर बांधलेल्या सहकारी गृहनिर्माण संस्थांच्या पुनर्विकासाचा प्रश्न अखेर मार्गी लागणार आहे.

REALTY NEWS

     

Blackstone buys stake in L&T Business Park for around ₹700 crore

Publication: MINT Date : 04 JULY 2019
New York-based private equity firm has bought a 4,00,000 sq. ft office space at the business park in Powai, Mumbai The New York-based private equity giant acquired a 4,00,000 sq. ft
     

RBI likely to get more powers to regulate NBFCs

Publication: BUSINESS LINE Date : 04 JULY 2019
The government is considering strengthening the Reserve Bank’s regulatory and supervisory powers over the non-banking finance companies (NBFCs), Finance Minister Nirmala Sitharaman said in the Lok Sabha Monday.
     

K Raheja Corp Set to Acquire Citibank’s Former HQ in Mumbai

Publication: ECONOMIC TIMES Date : 04 JULY 2019
Mumbai: Real estate developer K Raheja Corp, backed by US private equity major Blackstone Group, is set to acquire Citibank India’s erstwhile headquarters
     

M Pallonji Buys Turner Morrison Building in Kala Ghoda for ₹150 cr

Publication: ECONOMIC TIMES Date : 04 JULY 2019
Mumbai: In one of the rare outright transactions to be concluded in South Mumbai for an entire building, M Pallonji Group has bought Turner Morrison Building in Fort’s Kala Ghoda locality,
 

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