07TH NOVEMBER 2017

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MCHI-CREDAI

RERA NEWS

     

iNTERVIEW - `Regulation in realty is not strangulation'

Publication: MUMBAI MIRROR Date : 07 NOVEMBER 2017
MahaRERA chief on how state has started getting developers to complete projects on time, so that owners get possession of flats
     

`RERA to ensure completion of realty projects'

Publication: TIMES OF INDIA Date : 07 NOVEMBER 2017
Mumbai:   The overriding principle of the Real Estate Regulation and Development Act (RERA) is to ensure completion of a project, said senior counsel Darius Khambata on Monday .
     

RERA doesn’t infringe on promoters’ rights: Bombay High Court

Publication: FREE PRESS JOURNAL Date : 07 NOVEMBER 2017
Mumbai: In what can be seen as a major setback to developers, the Amicus Curiae (friend of court) assisting the Bombay High Court, on Monday highlighted the plus points of the Real Estate Regulatory Authority (RERA).
     

RERA can pick contractor to finish project, says Darius Khambata

Publication: THE ASIAN AGE Date : 07 NOVEMBER 2017
The apex court in September had directed the Bombay high court to hear all petitions challenging the Act.

DEMONETISATION NEWS

     

Real Estate sees loss due to demonitisation

Publication: THE ASIAN AGE Date : 07 NOVEMBER 2017
Mumbai: The Housing and Real Estate sector, one of the worst hit sectors after demonetisation has still not been able to get back to its feet. According to builders, even during Diwali, there was no spurt in sales as they were less than 50 per cent.
     

One year of demonetisation: Auto sales rebound; credit growth, SMEs, realty face lingering pain

Publication: THE INDIAN EXPRESS Date : 07 NOVEMBER 2017
A full 12 months after it was announced, the government’s demonetisation exercise that scrapped over 85 per cent of the currency in circulation continues to have a lingering 

GST NEWS

     

GST in real estate: Is one sector, one tax possible?

Publication: ET REALTY Date : 07 NOVEMBER 2017
NEW DELHI: The real estate sector is expected to feature in the November 9, 2017 GST meet.

CITY NEWS

     

BMC to issue prosecution notices to 11 societies today

Publication: MUMBAI MIRROR Date : 07 NOVEMBER 2017
Chairman, secretary of a defaulting society could face three months' jail and Rs 25,000 fine

REALTY NEWS

     

Realty prices holding back retailer Metro’s expansion, says COO Pieter C. Boone

Publication: MINT Date : 07 NOVEMBER 2017
India has the potential to be one of the top markets, but real estate prices are a key constraint for the company’s expansion, says Metro COO Pieter C. Boone
     

Mumbai's real estate industry replicates PM Modi's 'Housing for All' vision

Publication: BUSINESS STANDARD Date : 07 NOVEMBER 2017
Mumbai witnessed the highest number of launches at over 19,400 new residential units till September 2017.
     

Real-estate transactions fall, fewer registered documents this year

Publication: DNA Date : 07 NOVEMBER 2017
The real-estate market in the state may be showing a slump as is evidenced by falling registrations of property transactions.

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