21ST AUGUST 2019

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Govt okays ₹891cr solution for Mumbai’s traffic woes

Publication: TIMES OF INDIA Date : 21 AUGUST 2019
Mumbai: The Maharashtra cabinet on Tuesday approved a Rs 891-crore Integrated Traffic Management System (ITMS) for Mumbai. One of the key highlights of the system is that motorists won’t have to unnecessarily wait at traffic signals on empty roads.

Mumbai to get intelligent traffic management

Publication: THE ASIAN AGE Date : 21 AUGUST 2019
Mumbai: Traffic signals on city roads will soon change in accordance with vehicular movement. In a bid to resolve Mumbaikars’ never-ending traffic woes, the state government has decided to implement the Intelligent Traffic Management System (ITMS) for effective management of traffic on the city roads.



A corner of MMR is heating up, fuelled by construction boom & deforestation

Publication: TIMES OF INDIA Date : 21 AUGUST 2019
In a warning against untrammeled urbanisation, a study by a civic body in the Mumbai Metropolitan Region has shown a three-degree rise in land surface temperature (LST) locally. The study, based on satellite data, says the causes include increasing concretization, reduction in waterbodies, and destruction of hills.

Mum among 3 Maha polluted cities yet to submit air action plan

Publication: HINDUSTAN TIMES Date : 20 AUGUST 2019
Of the 102 polluted cities across the country identified by the Central Pollution Control Board (CPCB) for poor air quality standards, over 90 have submitted their action plan. The remaining 10 ‘defaulting’ cities that have not yet come up with a blueprint to deal with the hazards of foul air include Mumbai, Nashik and Solapur from Maharashtra. These cities have now been asked to re-submit their revised plan to the CPCB within two months.

Cabinet nod to extend stamp duty amnesty scheme till Dec

Publication: TIMES OF INDIA Date : 21 AUGUST 2019
The state cabinet on Tuesday approved extending the stamp duty deficit penalty reduction amnesty scheme till December-end. Launched in March, the scheme is chiefly for property holders/buyers in the state who have not paid appropriate stamp duty at the time of executing and registering their property document. The scheme was to end on August 31.

Construction allowed up to 10m of army depots, clarifies urban devpt

Publication: TIMES OF INDIA Date : 21 AUGUST 2019
Mumbai: A recent urban development department (UDD) clarification comes as a huge relief to thousands of residents living near two army ordnance depots in Kandivli and Malad.

Mumbai will drown if development is allowed on salt pans

Publication: HINDUSTAN TIMES Date : 21 AUGUST 2019
Environmentalists have slammed the Maharashtra government’s efforts towards opening the state’s salt pans for development. They have warned that this could destroy Mumbai’s natural buffers against floods, making the suburbs most susceptible.



New Delhi emerges world's 10th fastest growing residential market: Knight Frank

Publication: MINT Date : 21 AUGUST 2019
Residential prices in New Delhi witnessed a growth of 4.4% in the second quarter of 2019 Prices in Bengaluru increased by 2.8%, while Mumbai saw a marginal growth of 0.8%

Delhi among fastest growing mkt globally for luxury residential real estate

Publication: BUSINESS STANDARD Date : 21 AUGUST 2019
With about a dozen banks recently announcing plans to link their lending rates to the repo rate, the Reserve Bank of India (RBI) now wants the entire banking system to move faster on this front to ensure better transmission of repo rate changes to lending rates.

No construction till flood lines are fixed: Kolhapur civic body chief

Publication: ET REALTY Date : 21 AUGUST 2019
KOLHAPUR: Civic chief Mallinath Kalshetti has directed the town planning department against issuing any building permission until the flood lines are fixed by the water resources department (WRD).

Damaged houses to be rebuilt under PMAY: Maharashtra CM

Publication: ET REALTY Date : 21 AUGUST 2019
Maharashtra Chief Minister Devendra Fadnavis on Monday announced that over 19,000 homes damaged or destroyed due to the recent floods in the state will be rebuilt under the Prime Minister Awas Yojana (PMAY).


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