04TH SEPTEMBER 2018

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MCHI-CREDAI

MCHI NEWS

     

Mix Reaction Of Developers On SC’s Stay Order

Publication:ACCOMMODATION TIMES Date : 04 SEPTEMBER 2018
MUMBAI After reading the verdict of the Supreme Court, it appears that there is a stay on construction for those states which do not have an SWM policy.
     

Nayan Shah, President Of MCHI-CREDAI Speaks On Construction Ban In Maharashtra

Publication: MIRROR NOW Date : 04 SEPTEMBER 2018
MUMBAI After reading the verdict of the Supreme Court, it appears that there is a stay on construction for those states which do not have an SWM policy.
     

Nayan Shah, President Of MCHI-CREDAI Speaks On Construction Ban In Maharashtra

Publication: BLOOMBERG QUINT Date : 04 SEPTEMBER 2018
MUMBAI After reading the verdict of the Supreme Court, it appears that there is a stay on construction for those states which do not have an SWM policy.
     

Nayan Shah, President Of MCHI-CREDAI Speaks On Construction Ban In Maharashtra

Publication: CNBC BAZAAR Date : 04 SEPTEMBER 2018
MUMBAI After reading the verdict of the Supreme Court, it appears that there is a stay on construction for those states which do not have an SWM policy.

MAHARERA NEWS

     

MahaRERA quotes Google, Wikipedia to dismiss a complaint

Publication: DNA Date : 04 SEPTEMBER 2018
The Maharashtra Real Estate Regulatory Authority's (MahaRERA) Pune bench took help of Google and Wikipedia to define investment and dismiss a case.

AFFORDABLE HOUSING NEWS

     

State must not depend on private parties to build affordable houses: architect PK Das

Publication: THE INDIAN EXPRESS Date : 04 SEPTEMBER 2018
PK Das said the book makes three demands — any DP of a city must allocate land exclusively for affordable housing; taking cost of land out of the equation of affordable housing and regulate pricing for houses..

CITY NEWS

     

Air pollutant levels drop in 3 yrs, but still in red: Report

Publication: TIMES OF INDIA Date : 04 SEPTEMBER 2018
Mumbai: The air quality in Mumbai has improved in the last three years, with the average levels of pollutants dipping significantly, according to the BMC’s Environment Status Report (ESR) 2017-18 released recently.
     

51% owners’ consent enough for redeveloping old buildings in Maharashtra

Publication: HINDUSTAN TIMES Date : 04 SEPTEMBER 2018
Redevelopment of old buildings or a complex of old buildings across the state can now be undertaken with consent from 51% of those owning apartments there, as opposed to consent of all owners earlier.

REALTY NEWS

     

DNA EXCLUSIVE: 'Vadra Land' becomes cynosure of all eyes in Gurugram

Publication: DNA Date : 04 SEPTEMBER 2018
Welcome to Vadra Land! A 3.5-acre nondescript plot on the busy highway in Gurugram (aka Gurgaon) on the outskirts of Delhi has become a landmark.
     

Mumbai: In record deal, Walkeshwar duplex sold for Rs 1.56 lakh a square feet

Publication: DNA Date : 04 SEPTEMBER 2018
The sale of a flat at Walkeshwar for Rs 47 crore has set a new record for residential property deals so far this year.
     

State earns Rs 25 crore from sale of leased properties

Publication: THE ASIAN AGE Date : 04 SEPTEMBER 2018
Mumbai: The state government has collected Rs 25 crore ever since it started charging tenants wanting to sell their flats located on leased property.
     

Builders selling finished houses: A way out of the real estate mess?

Publication: LIVE MINT Date : 04 SEPTEMBER 2018
As part of DLF’s new business model, it has decided to sell apartments only when they are complete and get an occupancy certificate, to eliminate uncertainty associated with costs and delivery. Is this viable?.

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