RERA NEWS

Mumbai: RERA dismisses plea of non-allottee on section violations

Publication: FREE PRESS JOURNAL Date : 06 MARCH 2018

Mumbai: The Maharashtra Real Estate Regulatory Authority (MahaRERA) dismissed a complaint filed by a non-allottee regarding the failure on part of the developer to disclose the pending cases against him in the present project work.

RERA to oversee redevelopment of Mumbai’s old buildings

Publication: HINDUSTAN TIMES  Date : 06 MARCH 2018

Even as government policies give huge thrust to affordable housing, data reveals elevated risks in the segment for lenders because of a higher propensity among the borrowers to default.

INFRA NEWS

Mumbai metro corporation wants another chunk of Aarey Colony land

Publication: ET REALTY Date : 06 FEBRUARY 2018

The Mumbai Metro Rail Corporation (MMRC), which is being blamed for taking over 30 hectares of Aarey Colony land for its car depot, now wants another chunk of land on Marol side.

Travel on Mumbai’s Eastern Express Highway just got smoother

Publication: HINDUSTAN TIMES  Date : 06 MARCH 2018

Motorists can soon expect relief from traffic snarls on the Eastern Express Highway (EEH) as the Mumbai Metropolitan Region Development Authority (MMRDA) is expected to start building three flyovers to decongest

REALTY NEWS

Over 86,000 unsold flats in MMR

Publication: HINDU Date : 06 FEBRUARY 2018

According to a recent survey, of the 4,40,000 flats lying unsold across key cities in the country, 86,296 are in the Mumbai Metropolitan Region (MMR).

Will CCI crackdown against GDA, DDA hit real estate companies

Publication: BUSINESS STANDARD Date : 06 FEBRUARY 2018

Despite the lunatic traffic on Vikas Path, the building of the Ghaziabad Development Authority (GDA) is easy to locate.