5TH APRIL 2018

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MCHI-CREDAI

INFRA NEWS

     

Mumbai-Ahmedabad bullet train: Land acquisition starts in Palghar

Publication: HINDUSTAN TIMES Date : 05 APRIL 2018
The local administration and National High Speed Rail Corporation Limited (NHSRCL) have started the process of acquiring land for the Mumbai-Ahmedabad bullet train project in Mumbai’s neighbouring Palghar district.   

CITY NEWS

     

HC to civic chief: Decide on felling of trees for old age home’s redevpt

Publication: TIMES OF INDIA Date : 05 APRIL 2018
Mumbai: Taking note of the risk to the lives of 40 senior citizens living in a dilapidated home for the aged at Andheri (East), on Wednesday, the Bombay high court directed the municipal commissioner to “expeditiously” decide
     

BMC says money it spent on public works highest in 5 yrs

Publication: TIMES OF INDIA Date : 05 APRIL 2018
Mumbai: The BMC has claimed to have spent Rs1,200 crore more on various public works in the last financial year than in the previous year thanks to proper planning, execution and regular follow-ups.
     

Mumbai civic body’s expense on development work, highest in 10 years

Publication: HINDUSTAN TIMES Date : 05 APRIL 2018
The Brihanmumbai Municipal Corporation (BMC), known for presenting surplus budgets but utilising only a small percentage, spent more than 82 per cent of its 2017-18 capital budget – the highest in the last decade.   
     

Repairs could help old buildings evade tax in South Mumbai

Publication: DNA Date : 05 APRIL 2018
In a bid to ensure that the maintenance of old and dilapidated buildings in south Mumbai is kept in check, a BJP corporator proposed a concession in property tax to residents of 100-year-old buildings   

REALTY NEWS

     

In Realty, Small Size & Right Price Work

Publication: ECONOMIC TIMES Date : 05 APRIL 2018
Buoyed by affordable housing policy, developers are focusing on reworking flat sizes as per the needs and spending power of buyers
     

Wary builders launched 27% fewer projects in 2017-18: Liases Foras

Publication: DNA Date : 05 APRIL 2018
New launches of residential projects in the Mumbai Metropolitan Region saw a drop of 27 per cent in 2017-18, according to the latest report released by Liases Foras, a city-based property research firm.   

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