MCHI welcomes CM’s move for sale-by-carpet area; calls for speedy reforms in real estate
The Maharashtra Chamber of Housing Industry (MCHI) has welcomed Chief Minister Prithviraj Chavan’s move to ensure sale of residential property by carpet area.
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Realty sector foresees black Diwali post repo rate hike
The repo rate hike by the Reserve Bank of India (RBI) by 25 bps seems to have spoiled the festive spirit of the real estate sector.
MCHI to enforce Code of Conduct for developers
Kick-starting a Consumer Redresser Mechanism, The Maharashtra Chamber of Housing Industry (MCHI), the representative body of real estate industry, has decided to enforce a “Code of Conduct.” among its developer members.
Silvex Realty forays into hospitality
Mumbai-based Silvex Realty Limited with services in construction, real estate and infrastructure has forayed into the hospitality industry.
Realty sector mulls legal action against CCI order
The ruling of Competition Commission of India (CCI) against the market leader DLF seems to have not only sparked a debate within the real sector, but has also united them.
New DC rules will cripple Mumbai redevelopment, says MCHI
The new Development Control Rules applying restrictions on redevelopment projects in Mumbai will defeat the very purpose of the redevelopment scheme and lead to immense social injustice.
MCHI Mira-Virar chalks an aggressive growth plan on 1st anniversary
Maharashtra Chamber of Housing Industry (MCHI) Mira-Virar Unit has chalked out an aggressive growth plan on its first anniversary.
MCHI hails BMC transparency move; calls for dedicated infrastructure fund
The Maharashtra Chamber of Housing Industry today welcomed the new FSI guidelines proposed by Brihanmumbai Municipal Corporation Commissioner Subodh Kumar as a consumer friendly move.
Tax uncertainties force realtors to drop several SEZ projects
Several realty firms, including Parsvnath, Juventus Builders and Developers, Alok Infrastructure, Oval Developers, Airmid Developers and NG Realty have sought the Government’s nod to shelve their SEZ projects amid continued tax uncertainties.
Cinemax enters in Pune
Cinemax, India’s largest multiplex chain launched its flagship property in Pune, the second largest city in Maharashtra.