21ST TO 23RD DECEMBER 2019

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MCHI-CREDAI

21 DECEMBER 2019 NEWS

MCHI NEWS

     

Mumbai: Builders To Now Keep Stock Of Debris; BMC To Construct Two Processing Plants

Publication: MID-DAY Date : 21 DECEMBER 2019
In order to ensure that construction and demolition debris doesn't find its way to the three dumping grounds, the civic body will construct two debris processing plants in the city. In order to assess the requirement, the civic body has asked MCHI-CREDAI, an association of real estate builders to provide an estimate of the quantity of debris

CITY NEWS

     

Why can’t Mumbai breathe easy? It tops in PM10 among 24 cities

Publication: HINDUSTAN TIMES Date : 21 DECEMBER 2019
The city’s air has the highest concentration of PM10 – particulate matter of 10 microns and below, which can easily enter the lungs and cause health ailments – of 24 cities in peninsular India, says a study released by the Centre for Science and Environment (CSE) on Friday.
     

Why is Metro 4 car shed plot rented out: TMC corporators

Publication: HINDUSTAN TIMES Date : 21 DECEMBER 2019
Thane Municipal Corporation (TMC) had given away a plot of land for free to build a car shed for Metro 4 project. A BJP corporator alleged that for the past one year the unknown party has collected Rs48 crore in rent.
     

Bombay HC allows MMRC, TMC to clear 1,700 trees for metro, road works

Publication: BUSINESS STANDARD Date : 21 DECEMBER 2019
The Bombay High Court on Friday permitted the Mumbai Metro Rail Corporation Ltd (MMRCL) and Thane Municipal Corporation (TMC) to cut and transplant over 1,700 trees to build Metro Line 4 and for renovation of Thane district court as well as road widening projects.

22 DECEMBER 2019 NEWS

GST NEWS

     

No possibility of GST rate hike till revenue stabilises: Sushil Modi

Publication: BUSINESS STANDARD Date : 22 DECEMBER 2019
Days after the Goods and Services Tax (GST) Council refrained from hiking the tax rates, Bihar Deputy Chief Minister Sushil Kumar Modi said there was no possibility of any such move till revenue stabilised. He said the Council had decided to consider changes in the rates once a year, and not in each and every meeting.

CITY NEWS

     

‘SRA designs curb air flow, worsen indoor air pollution’

Publication: HINDUSTAN TIMES Date : 22 DECEMBER 2019
The recent study, which reveals the indoor air pollution in Slum Rehabilitation Authority (SRA) homes in the city is five times the national limit, points to the need to revise the design policy for the buildings.
     

Air pollution in city’s SRA houses 5 times more than nat’l limit

Publication: HINDUSTAN TIMES Date : 22 DECEMBER 2019
Residents of low-income houses built in the city under the state’s Slum Rehabilitation Authority (SRA) scheme are exposed to high levels of indoor air pollution – similar to those living in slums – despite using low-emitting liquefied petroleum gas (LPG) cook stoves and electric lighting.
     

Bullet train project: Godrej again moves HC over land dispute

Publication: HINDUSTAN TIMES Date : 22 DECEMBER 2019
The dispute over the acquisition of land at Vikhroli for ventilation shaft and distribution and traction sub-stations of India’s first high-speed rail project between Mumbai and Ahmedabad, has again landed in the Bombay high court (HC) as Godrej and Boyce Manufacturing Company Ltd moved court in the case.

23 DECEMBER 2019 NEWS

SEZ NEWS

     

All existing notified SEZs deemed to be multi-sector SEZs: Government

Publication: BUSINESS STANDARD Date : 23 DECEMBER 2019
The central government has notified that all notified and existing Special Economic Zones (SEZs) shall be deemed to be multi-sector economic zones. This would release land parcels in single commodity SEZs for other sectors.

INFRA NEWS

     

Highways sector to see ₹15 lakh cr investments in five years: Gadkari

Publication: MINT Date : 23 DECEMBER 2019
On the agenda for year 2020 is completing the about ₹12,000-crore Char Dham project The minister said with e-tolling coming into force, the toll income alone will cross ₹8,000 cr pa as ever since the FASTag system has been made mandatory

CITY NEWS

     

Maharashtra government may merge housing bodies

Publication: TIMES OF INDIA Date : 23 DECEMBER 2019
PUNE: The state government is considering bringing the several agencies in charge of affordable housing schemes under a single umbrella.
     

Committee to look into delayed SRA projects: Patil

Publication: BUSINESS STANDARD Date : 23 DECEMBER 2019
MaharashtraCabinet minister Jayant Patil said on Friday that a committee would be formed to enquire into incompleteSlum Rehabilitation Authority (SRA) projects.

REALTY NEWS

     

The REIT way to play realty

Publication: HINDUSTAN TIMES Date : 04 OCTOBER 2019
ET Intelligence Group: Real estate investment trusts (REITs) can be an investment option for those seeking exposure to the realty sector amid lower demand and liquidity issues.

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