16TH & 17TH JANUARY 2020

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MCHI-CREDAI

17 JANUARY 2020 NEWS

INFRA NEWS

     

Flamingos near construction site adapted to MTHL work: CM Uddhav Thackeray

Publication: THE INDIAN EXPRESS Date : 16 JANUARY 2020
The 22-km sea bridge, which will connect Navi Mumbai and Mumbai, was first conceptualised in the 1960s as an attempt to transform Mumbai from a mono-centric to a multi-nucleated urban zone.

REALTY NEWS

     

‘Home loan growth declines sharply’

Publication: THE INDIAN EXPRESS Date : 17 JANUARY 2020
Affordable housing segment, defined as loan size up to Rs 25 lakh million, saw the lowest growth of 4.1 per cent in Q3 2019.
     

SRA scheme: In 23 yrs, only 2.06L families living in slums got homes

Publication: HINDUSTAN TIMES Date : 17 JANUARY 2020
With only 2.06 lakh families getting new apartments in 23 years, the much-touted rehabilitation scheme to free Mumbai of slums seems to be heading nowhere. The figures were revealed last week during chief minister Uddhav Thackeray’s review of the housing sector in the state.

MCHI NEWS

     

MahaRERA Forms Self-Regulatory Bodies For Stalled Projects

Publication: MID-DAY Date : 17 JANUARY 2020
In a first, the state housing regulator, MahaRERA, has co-opted two developer bodies — the NAREDCO and MCHI-CREDAI — and made them Self-Regulatory Organisations (SRO). This was done to improve awareness and compliance of rules and to facilitate the completion of stalled projects.

18 JANUARY 2020 NEWS

CITY NEWS

     

Your wait for ride to Navi Mumbai on sea bridge may end before Sep 2022

Publication: HINDUSTAN TIMES Date : 17 JANUARY 2020
Launching the first girder for the Mumbai Trans-Harbour Link (MTHL), Maharashtra chief minister Uddhav Thackeray on Wednesday said the work on the 22-km sea bridge that will connect Mumbai to Navi Mumbai is likely to be completed before the September 2022 deadline. It will be the longest sea bridge in India.
     

Slums and substance: In 23 yrs, only 2.06L families got homes

Publication: HINDUSTAN TIMES Date : 18 JANUARY 2020
REHABILITATION SCHEME From slowdown to developers’ greed and red-tapism, industry, analysts list reasons for failure
     

Beyond Versova, coastal road leads to uncertainty

Publication: HINDUSTAN TIMES Date : 18 JANUARY 2020
Even as the construction of phase one of the coastal road between Princess Street Flyover and Worli has picked up pace after the Supreme Court (SC) lifted the stay last month, there is no clarity on the route it will take from Versova to the western suburbs – whether the upcoming sea link will be extended or a road will be built. Result? Two government agencies are working on different plans for the stretch.

REALTY NEWS

     

Banking reforms the Budget must address

Publication: BUSINESS LINE Date : 18 JANUARY 2020
The overall objective of India’s economic policy has been accelerated inclusive growth with macroeconomic stability. The upcoming Budget is likely to give a push towards achieving this objective.
     

Budget 2020: Date, time and expectations from Modi government on income tax rate cut

Publication: MINT Date : 18 JANUARY 2020
NEW DELHI : Amid expectations of an income tax rate cut and other stimulus to boost demand as India's economy slows down, Finance Minister Nirmala Sitharaman will present her second Union Budget on February 1.

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