06TH & 7TH OCTOBER 2018

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MCHI-CREDAI

06 OCTOBER 2018 NEWS

MCHI NEWS

     

CREDAI-MCHI sets up Procurement Forum for real estate developers

Publication: DNA Date : 06 OCTOBER 2018
CREDAI-MCHI, the apex developers’ body in Mumbai Metropolitan Region, has launched a new Procurement Forum where developers interact with industry partners who supply raw materials for the construction sector.

CITY NEWS

     

MSRDC plans to sell or lease out E-way land

Publication: TIMES OF INDIA Date : 06 OCTOBER 2018
Mumbai: The Maharashtra State Road Development Corporation (MSRDC) has plans to sell or lease out 1,000 acres along the Mumbai-Pune Expressway. The land is valued around Rs 12,000 crore.
     

Part of 50-acre slum in North Mum to go: BMC

Publication: TIMES OF INDIA Date : 06 OCTOBER 2018
Mumbai: The BMC is preparing to clear out the part of Ganpat Patil Nagar slums that is within the mangrove buffer zone along Malad Link Road. This follows the recent Bombay high court order to protect mangroves on private land.
     

Walls around Mumbai’s six mangroves to protect against encroachment

Publication: HINDUSTAN TIMES Date : 06 OCTOBER 2018
HT had first reported in April last year that the government was planning to protect Mumbai’s mangroves by building fences along 60km and installing CCTV cameras for vigilance.
     

DNA In-Depth: Solid Waste Management in city after closure of Mulund dumping ground

Publication: DNA Date : 06 OCTOBER 2018
Mithlesh Sarougi, a resident of Kamdhenu Complex in Hari Om Nagar in Mulund (east) can now open window of her house since she shifted in this house about 14 years ago. The window is facing dumping ground which was closed on October 1.

REALTY NEWS

     

No repo rate hike: Real estate sector relieved ahead of festival season

Publication: MUMBAI MIRROR Date : 06 OCTOBER 2018
Real estate sector has largely cheered the Reserve Bank of India’s decision to keep the repo rate unchanged in the monetary policy announced on Friday
     

GST, market risks drive buyers off under-construction projects in Mumbai: Experts

Publication: DNA Date : 06 OCTOBER 2018
Mumbai's real estate market is witnessing a shift, and buyers are no longer prioritising under-construction properties.
     

RBI’s status quo brings cheer for real estate developers

Publication: MINT Date : 06 OCTOBER 2018
New Delhi: Real estate developers heaved a sigh of relief after the RBI kept key policy rates unchanged and said any hike in the interest rate would have affected housing demand

07 OCTOBER 2018 NEWS

CITY NEWS

     

State allows city developers to build more on every plot

Publication: TIMES OF INDIA Date : 07 OCTOBER 2018
Mumbai: A state government regulation will now allow builders in the city to construct more flats without a proportionate increase in the open space in the building.

MHADA NEWS

     

MHADA takes over SRA's project

Publication: DNA Date : 07 OCTOBER 2018
On Saturday, the Slum Rehabilitation Authority (SRA) cancelled a proposal seeking selection of a consultant to conceptualise a township on a 90-acre land, where 1,795 tribal families from Sanjay Gandhi National Park (SGNP) were to live

CIDCO NEWS

     

Adding this extra option helped CIDCO earn Rs 250 crore

Publication: DNA Date : 07 OCTOBER 2018
One extra option on the form that an applicant had to fill for CIDCO's housing lottery, has helped the corporation earn a sum of Rs 250 crore. On October 2,

REALTY NEWS

     

Alibaug to be Mumbai’s Hampton? Huge infrastructure projects lined up that will change it a lot

Publication: FINANCIAL EXPRESS Date : 07 OCTOBER 2018
So far considered the weekend retreat of the well-heeled, Alibaug, off Mumbai’s coast, could soon be open to a larger crowd
     

Navi Mumbai saw 80 per cent affordable residential projects in last 5 years

Publication: DNA Date : 07 OCTOBER 2018
Nearly 80 per cent of the overall residential project launched in Navi Mumbai from 2013 to the first half of 2018 are in the affordable (less than Rs 40 lakh) and mid-segment (Rs 40 lakh to Rs 80 lakh) budget range,

CREDAI-MCHI,

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Sir Vithaldas Thakersey Marg, New Marine
Lines, Mumbai - 400 020.
T: 022 - 42121421
E: secretariat@mchi.net