Mchi

Developers owe more than Rs 800 crore towards development charges to planning authorities in Mumbai; they have also sought waiver of penalty and interest on such charges.

Maharashtra govt forms panel to jumpstart over 200 stuck realty projects in Navi Mumbai

Almost Rs 1,000 crore invested by over 1,200 home buyers is stuck in these projects.

Wind tests now mandatory for construction of high-rise buildings above 45 floors in Mumbai

The tests are used in the design of tall buildings globally to identify wind-induced structural loads and responses for which the superstructure must be built. The tests were also conducted on the world's tallest building, Burj Khalifa in Dubai.

Housing sales in MMR touch Rs 1.33 lakh crore in January-August 2021: Report

Housing sales stood at 64,101 units, valuing Rs 41,353 crore during January-August last year.

Design must-dos for doing up a weekend home

Vacation homes are increasingly becoming popular as a niche housing segment, with many row house and bungalow projects coming up near metro cities in India, in the past decade. “These second homes are mostly &#82

1-BHK flats: Are they worth a premium price?

The real estate market in India, today, is faced with an oversupply of one-bedroom (1-BHK) units, popularly called as studio apartments. While some of these, are part of projects that were launched at least &#82

Retirement home or ‘resort’?

Retirement doesn‘t have to be synonymous with ‘biding your time‘. Senior citizens are now discovering the joys of retirement in second homes that offer several comforts and facilities. Take, for instance, Dharamvir Singh and &#82

The pros and cons of buying agricultural land

Janesh Sharma, a 55-year-old senior marketing professional from Rajasthan, who mostly lived in the metros such as Delhi and Jaipur, recently invested in a three-acre agricultural land in his home city of Bikaner. Like R

Possession delayed? You can now file an FIR

A state police circular, directing the police stations across Maharashtra, to register complaints against builders who cheat home buyers and violate building norms, has evoked a mixed response from developers and home buyers. Swadesh &#82

Will faster construction approvals make homes cheaper?

The enactment of the Real Estate (Regulation and Development) Act 2016, is expected to provide a fillip to the real estate and construction sector and improve ease of doing business in the country.

MCHI-CREDAI expo: Will builders bite the discount bullet?

This is the third major property exhibition of the year organized by the MCHI-CREDAI, the earlier ones being in Mumbai in April followed by another one in Bangalore in August.

MCHI realty fair a flop; Mumbai vol sales may dip 10-20%

Brokerage house Religare sees realty sales (volumes) in Mumbai falling 10-20 percent due to unaffordable prices. It said that the recently concluded MCHI (Maharashtra Chamber of Housing Industry) property exhibition held in the city saw a tepid response from prospective buyers.

VAT On Sale of Flats: Timeline Extended For Maharashtra

This EY Tax Alert analyses the applicability of VAT in the State of Maharashtra in connection with sale of flats following the decision of the Bombay High Court in the Maharashtra Chamber of Housing Society (MCHI) case.

Mumbai realtors seek DCR on prospective basis

Tough times continue for the realty space and adding to it, are the Mumbai Development Control Regulations or DCR guidelines, doled out five months back. So much so, that both consumers and developers are up in arms against the implementation of the new guidelines, reports CNBC-TV18's Priyanka Ghosh.

MCHI hails new DC Rules-Its in interest of property buyers

Maharashtra Chief Minister Mr Prithviraj Chavan has announced amendments (on Tuesday) in the Development Control Rules (DCR) of Mumbai; The Maharashtra Chamber of Housing Industry (MCHI) has welcomed the same.

RR rate hike rings in an Unhappy New Year, says MCHI

Maharashtra Chamber of Housing Industry (MCHI) has come out with its release on Ready Reckoner rates hike by the State government.

Realty: No Diwali dhamaka but season of hidden discounts

This festive season, home buyers in Mumbai may be starved for options as several developers have put new launches on hold but not so in Bangalore or the national capital region (NCR). However, CNBC-TV18's Priyanka Ghosh reports that price reductions are not on the cards.

Mumbai realty robust despite dip in flat sale in Feb

Mumbai's real estate market continues to be robust despite a minor blip in February when flat sales clocked a 2.40% decline, a leading industry body said.