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Bombay High Court verdict on RERA invites mixed reactions

Publication: DNA Date : 07 DECEMBER 2017
Bombay High Court verdict confirming the constitutional validity of RERA has invited mixed reaction from the developer community.

Bombay high court upholds RERA’s validity, allows body to give extension to projects

Publication: HINDUSTAN TIMES Date : 07 DECEMBER 2017
The Bombay high court (HC) on Wednesday upheld the constitutional validity of recently enacted Real Estate (Regulation & Development) Act, 2016, which regulates the construction industry and protects the interests of home buyers.

Bombay HC upholds RERA act, buyers happy

Publication: THE ASIAN AGE Date : 07 DECEMBER 2017
Mumbai: The Bombay high court on Wednesday dismissed various petitions challenging the constitutional validity of the Real Estate Regulatory Authority (RERA) act and upheld the act and rules with minor changes.

Flat buyers set to defy diluted rules of Rera

Publication: TIMES OF INDIA Date : 07 DECEMBER 2017
New Delhi: The Bombay HC upholding the constitutional validity of real estate regulation law known as Rera and its applicability to all incomplete projects has come as a shot in the arm for flat buyers.



Mumbaiites, you can now check property tax details, progress of road repair work online

Publication: HINDUSTAN TIMES Date : 07 DECEMBER 2017
You can now check plot reservations under the development plan, progress of road works, utilities like water pipelines through a particular area, details of property tax paid, among other things,

Affordable touches a new high

Publication: TIMES OF INDIA Date : 07 DECEMBER 2017
In the latest research report by a leading real estate research firm covering the top 8 cities of India, affordable housing sector has recorded a surge of 27 per cent in new units launched (y-oy).



RBI monetary policy: Rates unchanged, Urjit Patel says recent reforms will help pick up growth

Publication: HINDUSTAN TIMES Date : 07 DECEMBER 2017
The Reserve Bank of India kept its key interest rate unchanged at 6% for the second time in a row on Wednesday, staying focused on controlling inflation that accelerated to a seven-month high in October.



Mumbai Bank offers Rs 50 cr loan for self-redevelopment

Publication: MINT Date : 07 DECEMBER 2017
One of Mumbai's banks gave a presentation to MHADA on Tuesday that it will give loans to societies to the tune of Rs 50 crore for self redevelopment. The bank in question is the Mumbai Bank.




Focus is on ensuring projects on time: MahaRERA chief

Publication: BUSINESS LINE Date : 08 DECEMBER 2017
Regulating an unregulated sector and bringing transparency in real estate deals has been the key focus of Real Estate Regulation and Development Act (RERA) 2016.



Prime business hubs see office rental growth

Publication: BUSINESS STANDARD Date : 08 DECEMBER 2017
Prime central business districts (CBDs) in at least two out of three Indian metros have recorded steady rental growth, according to a new report by Knight Frank.



MHADA picks 46 PMGP bldgs for redevelopment

Publication: DNA Date : 08 DECEMBER 2017
There is good news for the 6,050 families staying in the Prime Minister's Grant Programme Colonies (PMGP) in Mumbai.

Swachhata goes digital, BMC launches app for complaints

Publication: DNA Date : 08 DECEMBER 2017
In order to promote and encourage cleanliness among citizens, the Brihanmumbai Municipal Corporation (BMC) has formed 24 teams who will visit all the wards across the city to create awareness about the new Swachhata-MoHUA App.

BMC ignored NGT order on falling trees: Activists

Publication: DNA Date : 08 DECEMBER 2017
Green activists are up in arms against BMC for failing to ensure tree safety as well as de-concretise the tree bases in the city, despite a National Green Tribunal (NGT) order

More than 50% bldgs in University of Mumbai’s Kalina campus without OC

Publication: DNA Date : 08 DECEMBER 2017
At a point when the University of Mumbai (MU) is grappling with several issues, a recent RTI query has revealed that more than half the buildings at the varsity’s Kalina campus are running without an Occupation Certificate (OC).


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