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1.Cost of capital on affordable housing will come down and affordable housing will have access to long term funding

Budget 2017 is a very good growth oriented budget. Infra status for affordable housing is an excellent move and is welcomed by all the developers. Increasing the limit of affordable housing to 30 and 60 m carpet in non-metro area is great and developers would request the Chief Minister to extend it further to metro areas as well.


2.We prefer to collaborate with large construction houses and deploy their workforce and machinery, says Ashok Mohanani, Chairman, Ekta World

This contemporary-thinking, Mumbai-based company aims to offer innovative and world-class realty solutions to its customers.


3.AT A GLIMPSE

The BIZNET - ULTIMATE business and networking platform by CREDAI-MCHI for the real estate industry held in Mumbai met with tremendous success amid the presence of over 100 well-known developers and 20 allied industry players.


4.3rd Edition of BIZNET – Bridging the demand and supply of the building and construction material industry

BIZNET – ULTIMATE business & networking Platform by CREDAI-MCHI for the real estate industry – held on May 3, 2017, in Mumbai, met with tremendous success amid the presence of over 100 well-known developers and 20 allied industry players.


5.Demonetisation, RERA and GST have been the endurance test for the real estate industry

The EODB and Maha RERA have been a success not because the government has done it, but because the developer fraternity participated in it: Maharashtra Chief Minister Devendra Fadnavis who graced the Annual CREDAI- MCHI Property Expo.


6.Housing for All and PMAY to get boost with reduction in GST under CLSS

CREDAI-MCHI President Mayur Shah welcomes the recommendations made by the GST Council in its meeting in January 2018.


7.Dumping ground matter: Construction ban in Mumbai lifted

The Supreme Court has provided a huge relief to the real estate industry of Mumbai, by allowing the new construction in the city of Mumbai, against a High Court order of February 2016 banning the new real estate projects in the city.


8.CREDAI-MCHI inks MoU for 2.5 lakh affordable housing in Mumbai and MMR

CREDAI-MCHI inked an important Memorandum of Understanding (MoU) with the Government of Maharashtra for affordable housing in the presence Maharashtra Chief Minister Devendra Fadnavis at the Magnetic Maharashtra Summit in Mumbai.


9.The new Senior Vice President of Assocham has been appointed. Read on for more…

Dr. Niranjan Hiranandani, founder & Managing Director, Hiranandani Group, has taken over as the Senior Vice President of industry chamber Assocham. “Assocham enters its centenary year in 2019, and it is my privilege to be entrusted with this responsibility on the eve of the centenary,” said Dr. Niranjan Hiranandani.


10.MahaRera Suggests appointing multiple agencies to drive OCs to projects

Move to help avoid monopoly of single person holding up project’s OC. More than 700 projects have got delayed OC although developers applied for OC on time.