08TH MARCH 2019

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MCHI-CREDAI

LATE STAMP DUTY

     

Maharashtra: Now, only 10% penalty on late stamp duty

Publication: DNA Date : 08 MARCH 2019
The state government issued a notification on Amnesty Scheme 2019 for homebuyers who have not yet completed the registration process for their property.

INFRA NEWS

     

Mumbai: CCEA approves Rs 34,000 crore for various projects

Publication: THE INDIAN EXPRESS Date : 08 MARCH 2019
Mumbai Railway Vikas Corporation (MRVC) had submitted a list of 13 projects under MUTP-III(A), in which CSMT-Panvel corridor had received Rs 10 lakh as a token amount in the budget 2016-17.
     

MUTP 3A work in Mumbai must be put on fast track, say experts

Publication: HINDUSTAN TIMES Date : 08 MARCH 2019
Rail projects under Mumbai Urban Transport Project (MUTP) 3A, which was approved by the union cabinet on Thursday, should be completed faster than earlier MUTP ones, according to urban planners and experts.
     

Protest fails to make waves; Mumbai’s coastal road stays on course

Publication: HINDUSTAN TIMES Date : 08 MARCH 2019
Even as citizens and fisherfolk continue to object to reclamation from sea for the ₹14,000-crore coastal road project, the Brihanmumbai Municipal Corporation (BMC) on Thursday

OTHER CITY NEWS

     

RIL leased 4,000 acre land from Navi Mumbai SEZ for economic hub

Publication: MONEY CONTROL Date : 08 MARCH 2019
NMSEZ, which is promoted by Reliance Industries Chairman Mukesh Ambani, Jai Corp India, SKIL Infrastructure Ltd and City and Industrial Development Corp (CIDCO), was supposed to open to industrial units in 2019.

REALTY NEWS

     

Demand for commercial real estate will continue to pick up: Experts

Publication: MINT Date : 08 MARCH 2019
The liquidity crisis that hit NBFCs at the end of 2018 impacted sentiments of both homebuyers and developers
     

Real estate sector likely to see consolidation: Report

Publication: FINANCIAL EXPRESS Date : 08 MARCH 2019
The real estate sector is headed for consolidation with the organised players expected to gain, driven by reforms such as Rera which is improving transparency and raising consumer activism on account of poor delivery by builders.

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