INFRA NEWS

Loss of 2800 trees looks horrifying, but the net environmental impact of the project will be positive

Publication: MUMBAI MIRROR Date : 06 MARCH 2017 PAGE: 01

Mumbai Metro Rail Corpora tion chief Ashwini Bhide believes small sacrifices will have to be made to secure the city's long-term future.

CITY NEWS

Land worth Rs 100 crore diverted from reserved plot for SRA project in Khar

Publication: MUMBAI MIRROR Date : 06 MARCH 2017 PAGE: 06

A slum redevelopment con tract handed out to a pri vate builder for a plot in Khar West was sweetened by additional land worth nearly Rs 100 crore, local residents have alleged.

BMC has a job in hand on waste disposal

Publication: DNA Date : 06 MARCH 2017 PAGE: 04

Mumbai: The Brihanmumbai Municipal Corporation (BMC) will have to come up with a practical solution soon to dispose of 9,000 metric tonnes of garbage generated daily in Mumbai. This is because the extended time limit set by the Bombay High Court to dump waste 

Rivers in abysmal state, BMC yet to clear encroachments

Publication: DNA Date : 06 MARCH 2017 PAGE: 04

Mumbai: As Mumbaikars celebrated 'River Utsav' on Sunday, they marched along the Dahisar, Poisar, Oshiwara and Mithi river to highlight the deteriorating condition of the five rivers and neglect by the state authorities.

Devpt plan to be tabled in BMC

Publication: TIMES OF INDIA Date : 06 MARCH 2017 PAGE: 04

The latest development plan for the city--Development Plan 2034--has cleared another hurdle. The final report was signed by all three outgoing elected representatives on the civic planning committee on Saturday . Two of the three were voted out in the recent BMC polls.

Is unauthorised construction in the name of God real faith?

Publication: DNA Date : 06 MARCH 2017 PAGE: 04

Mumbai: I remember watching a roadside pavement next to my house in Chennai becoming an unwilling host to a Krishna temple overnight a couple years ago.

Affordable housing land increased by 80 hectares

Publication: DNA Date : 06 MARCH 2017 PAGE: 04

Mumbai: The area for affordable housing in the city has been increased by 80 hectares - including 55 hectares of the Mumbai Port Trust’s (MbPT) land. The Development Control Rules (DCR) will now be known as Development Control and Promotional Regulations (DCPR), and it will promote the developable land in the city for the affordable housing.

Real estate transactions should go digital: Naidu

Publication: NEW INDIAN EXPRESS Date : 06 MARCH 2017 PAGE: 04

NEW DELHI: Home prices could come down if the real estate sector moves away from cash transactions and embraces digital economy, Urban Development Minister Venkaiah Naidu said.

REALTY NEWS

Blackstone may Enter K Raheja Office with a $300-m Cheque

Publication: ECONOMIC TIMES Date : 06 MARCH 2017 PAGE: 08

IN FINAL STAGES Application filed with CCI for acquisition of 15% stake in K Raheja Corp's office portfolio; deal to give Blackstone access to income from existing and future properties

Narendra Modi govt looks to widen EPFO reach to cover more construction workers, set to cut employers’ liability to 10%

Publication: FINANCIAL EXPRESS Date : 06 MARCH 2017 PAGE: 01

Driven by a policy to extend social security benefits to workers who are currently outside its ambit, the government is considering lowering employers’ liability towards Employees’ Provident Fund (EPF)