RERA NEWS

MahaRERA gets more teeth, can take complaints of unregistered projects

Publication: BUSINESS LINE Date : 09 AUGUST 2018

MUMBAI, AUG 8 Maharashtra Real Estate Regulatory Authority (MahaRERA) has been getting more teeth since it was established on May 1 last year.

RERA provisions will apply to long-term lease agreements: HC

Publication: THI HINDU Date : 09 AUGUST 2018

The Bombay High Court has ruled that provisions of the Maharashtra Real Estate Regulatory Authority would apply in cases of long-term lease agreements and that it can hear compensation complaints.

MHADA NEWS

Private landowners, MHADA to join hands for housing scheme

Publication: BUSINESS STANDARD Date : 09 AUGUST 2018

The Maharashtra government cleared today a proposal to rope in private landowners to collaborate with state-run housing agency MHADA to implement the Pradhan Mantri Aawas Yojana (PMAY) in urban areas.

CITY NEWS

Mumbai’s second-largest landfill to shut in October

Publication: HINDUSTAN TIMES Date : 09 AUGUST 2018

The civic body does not yet have an alternative site where it can dump the 2,000 metric tonnes of waste that currently goes to Mulund every day

Only 5 takers for BMC’s open spaces

Publication: MUMBAI MIRROR Date : 09 AUGUST 2018

Private trusts ‘not interested’ in adoption of open spaces; 189 open plots are available for maintenance; 27 with political parties

OTHER CITY NEWS

CIDCO auctions nine plots in Kharghar, Kalamboli

Publication: DNA Date : 09 AUGUST 2018

The City and Industrial Development Corporation of Maharashtra (CIDCO) auctioned nine plots on Wednesday, with the most expensive plot being sold at Rs 1.97 lakh per square metre, while the cheapest went for Rs 82,000 per sq m.

REALTY NEWS

When promoters make up locations to lure buyers

Publication: MINT Date : 09 AUGUST 2018

Mumbai’s builders, starved of upscale locations, have taken a leaf out of Frank Underwood’s book, naming projects in a way suggesting proximity to more impressive addresses