9TH AUGUST 2017

If you cannot read this email, please click here



     
MCHI-CREDAI

MCHI NEWS

     

This exposure is an industry news segment with Mr. Mayur Shah, President, CREDAI-MCHI on ‘Change of Guard’ and RERA.

Publication: ZEE BUSINESS Date : 09 AUGUST 2017
This exposure is an industry news segment with Mr. Mayur Shah, President, CREDAI-MCHI on ‘Change of Guard’ and RERA.

RERA NEWS

     

Real estate: Flat sales to financiers reworked under RERA

Publication: FINANCIAL EXPRESS Date : 09 AUGUST 2017
Several real estate companies that had sold apartments in bulk to financiers, a strategy in vogue until last year, are now reworking their agreements to avoid registering such transactions, people in the know told FE.
     

Tough RERA fines builder Rs 50,000 for 'missing' deadline

Publication: DNA Date : 09 AUGUST 2017
If one wants to know how strictly the Maharashtra Real Estate Regulatory Authority (MahaRERA) is following the rules, then this recent case is one example.

INFRA NEWS

     

MMRDA to complete ring route of Metro corridors

Publication: TIMES OF INDIA Date : 09 AUGUST 2017
Extension of the Metro corridors from Dahisar to Thane is being planned to decongest the road corridor and suburban train corridors as this new connector will provide faster connectivity between the eastern and western suburbs.
     

Metro 7: MMRDA to seek HC nod for felling 207 trees

Publication: DNA Date : 09 AUGUST 2017
The Mumbai Metropolitan Region Development Authority (MMRDA) will be approaching the Bombay High Court for permission to cut down 207 trees on the Western Express Highway between Andheri and Dahisar East

CITY NEWS

     

Sebi bars trading in 331 `shell' cos, including big city infra builder

Publication: TIMES OF INDIA Date : 09 AUGUST 2017
Markets regulator Sebi has banned 331 companies from trading on the stock exchanges after the government named them on its list of shell companies, suspected to be involved in money laundering and tax evasion.
     

GST will not be applicable for MHADA homes

Publication: DNA Date : 08 AUGUST 2017
Maharashtra Housing and Area Development Authority (MHADA) officials have said that the advertisement for its already delayed lottery for nearly 800 homes will be out in the next 10 days.

REALTY NEWS

     

Shapoorji Pallonji, Abu Dhabi to fund office space

Publication: HINDUSTAN TIMES Date : 08 AUGUST 2017
Construction major Shapoorji Pallonji had tied up with the Abu Dhabi Investment Authority (ADIA), a sovereign fund, to invest in commercial properties in the country, source said.

CREDAI-MCHI,

 Maker Bhavan II, 4th Floor, 18,
Sir Vithaldas Thakersey Marg, New Marine
Lines, Mumbai - 400 020.
T: 022 - 42121421
E: secretariat@mchi.net