5TH MAY 2017

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MCHI-CREDAI

 DUMPING GROUND NEWS

     

HC refuses to lift ban on construction

Publication: TIMES OF INDIA Date : 05 MAY 2017
Mumbai: In a setback to Mumbai's builders, Bombay high court on Thursday refused to lift its year-old ban on new constructions in the city .
     

High Court refuses to lift ban on new constructions

Publication: MUMBAI MIRROR Date : 05 MAY 2017
Division bench says little has changed since the first restraining order was issued in February last year over lack of dumping grounds to dispose of solid and construction waste
     

 RERA NEWS

     

RERA prescribes 10% interest for delay in delivery of homes

Publication: TIMES OF INDIA Date : 05 MAY 2017
No Registration Unless Bldr Ready To Pay Penalty At This Rate Buyers of delayed housing projects will get interest on the invested amount for the delay period at Real Estate Regulatory Authority's (RERA)

 STAMP DUTY NEWS

     

Bombay HC asks BJP MLA’s firm to pay Rs 202 crore

Publication: THE INDIAN EXPRESS Date : 05 MAY 2017
The Bombay High Court Thursday told realty firm Lodha Group to pay Rs 202 crore as principal amount of stamp duty payable for a Rs 5,700-crore land deal in Wadala.

 NAVI MUMBAI NEWS

     

Citizen feedback pulls city's Swachh score down

Publication: TIMES OF INDIA Date : 05 MAY 2017
Among the top ten cleanest cities of the country last year, Mumbai has dropped to the 29th place in Swachh Survekshan 2017, though Thane is much worse at 116.

CONTI...

     

Navi Mumbai is India's 8th cleanest city, but Mumbai slips to 29th

Publication: MUMBAI MIRROR Date : 05 MAY 2017
Navi Mumbai is Maharashtra's only city to make it to the list of Top 10 cleanest cities in Swachh Sarvekshan 2017; Indore tops in the country

 CITY NEWS

     

Rule extended to bungalows, ground-plus-one buildings on vacant plots: Architects and engineers to self-certify, inspect building developments in Mumbai

Publication: THE INDIAN EXPRESS Date : 05 MAY 2017
The entire inspection up to issuance of the occupation certificate will be carried out by the project architect or the licenced surveyor,” said the orders.

REALTY NEWS

     

ET Q&A - Rates Significantly Low... It's the Best Time to Buy Property

Publication: ECONOMIC TIMES Date : 05 MAY 2017
Keki Mistry, CEO of Housing Development Finance Corporation, said home loan de mand has come back after the initial hitches post demonetisation.
     

Realty Queries - Well-known Developers will Remain a Safer Bet

Publication: ECONOMIC TIMES Date : 05 MAY 2017
Will residential property prices go up following RERA implementation? Does it have any direct or indirect implication on real estate pricing?
 

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