6TH APRIL 2017

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MCHI-CREDAI

 WETLAND NEWS

     

Mumbai wetland destruction: 5-acre wetland patch destroyed through debris dumping, Thane collector to ensure action

Publication: HINDUSTAN TIMES Date : 06 APRIL 2017
A five-acre wetland patch along the Thane-Nashik highway, next to Kharegaon creek, has been destroyed through the dumping of debris by unidentified people on Wednesday.

 NEW PARKING POLICY NEWS

     

South Mumbai citizens seek clarity on new parking policy

Publication: HINDUSTAN TIMES Date : 06 APRIL 2017
MUMBAI: Despite a nod from the BJP -led state government, the civic body’s new ‘pay and park’ policy has run into trouble again with the residents of south Mumbai demanding that their concerns be addressed before it is implemented.

 INFRA NEWS

     

Boat ride from Thane to Navi Mumbai? Will be possible in 3 years, says Maharashtra chief minister

Publication: HINDUSTAN TIMES Date : 06 APRIL 2017
MUMBAI: To reduce traffic congestion in Mira-Bhayandar and Thane, the state government has announced that it will establish a water transport system on Thane creek with jetties at eight places.
     

Metro VII piers work to begin next week

Publication: TIMES OF INDIA Date : 06 APRIL 2017
MUMBAI: The Mumbai Metropolitan Region Development Authority (MMRDA) plans to begin work on launching the viaduct above piers on the Metro VII corridor (Dahisar-Andheri via WEH) from next week. MMRDA plans to complete work on Metro VII and Metro 2 A (Dahisar-DN Nagar via Link Road) by 2019.
     

 CITY NEWS

     

Mumbai: Man faces one year in jail for trimming tree in Vile Parle

Publication: MID-DAY Date : 06 APRIL 2017
MUMBAI: Trmming trees without the BMC's nod could land you in court, as the secretary and chairman of a housing society located in the JVPD scheme area of Vile Parle will discover this week. 

REALTY NEWS

     

PE players seen replacing banks as major funding source for realty

Publication: BUSINESS LINE Date : 06 APRIL 2017
MUMBAI: For as long as anyone can remember, producing fake property rent receipt, often from parents and relatives, has been an easy way to lower tax burden. Such cavalier disregard for tax rule was overlooked by most employers as well as taxman, who possibly felt it was a minor transgression. Perhaps, not anymore.
     

Home Rental Startup FastFox Gets Rs 30 crore from Lightspeed, 2 Others

Publication: ECONOMIC TIMES Date : 06 APRIL 2017
New Delhi: Co plans to invest money in improving its technology solution, expanding team. Home rental startup Fast . 30 crore in a Series A funFox has raised ` ding round from Lightspeed India Partners, the India-specific fund of US-based Lightspeed Venture Partners, Blume Ventures and CyberAgent Ventures.
     

Realty Queries - Infra Projects in Mumbai to Boost Real Estate

Publication: ECONOMIC TIMES Date : 06 APRIL 2017
Will the increasing pace of infrastructure in Mumbai impact the housing sector in the city? Which areas stand to benefit the most?
     

Real Estate Regulator will impact the way you buy a house

Publication: MINT Date : 06 APRIL 2017
It’s been almost a year since the Real Estate Regulatory Act (RERA) was passed by Parliament. Since then we’ve seen the rules being notified by the central government and a few of the states, with a nationwide roll out deadline of 1 May 2017, which is not too far away.
     

How to use realty portals to find your dream house

Publication: MINT Date : 06 APRIL 2017
Post demonetization and cut in home loan interest rates, a lot of potential home buyers are once again getting attracted towards buying a house. If you are one of them, you need to look at the realty portals.
     

Next set of smart cities to be announced by June end

Publication: ET REALTY Date : 05 APRIL 2017
NEW DELHI: The Urban Development Ministry will announce by June-end the next set of 40 cities for central funding under the Narendra Modi government's flagship scheme--Smart City Mission.
 

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