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	<title>Property News India and Featured Real Estate Stories &#187; MCHI</title>
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	<link>https://groups.commonfloor.com/news</link>
	<description>Property News India and Featured Real Estate Stories</description>
	<lastBuildDate>Tue, 04 May 2021 17:07:11 +0000</lastBuildDate>
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		<title>GL Raheja Group Patriarch Gopal Raheja Passes Away</title>
		<link>https://groups.commonfloor.com/news/gl-raheja-group-patriarch-gopal-raheja-passes-away-57643</link>
		<comments>https://groups.commonfloor.com/news/gl-raheja-group-patriarch-gopal-raheja-passes-away-57643#comments</comments>
		<pubDate>Thu, 20 Mar 2014 10:03:09 +0000</pubDate>
		<dc:creator>gaurav.gupta</dc:creator>
				<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Bandra]]></category>
		<category><![CDATA[Bombay High Court]]></category>
		<category><![CDATA[Chandru Raheja’s K Raheja Corp]]></category>
		<category><![CDATA[GL Raheja Group]]></category>
		<category><![CDATA[Gopal Raheja]]></category>
		<category><![CDATA[Gopal Raheja Passes Away]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[industry body]]></category>
		<category><![CDATA[Juhu]]></category>
		<category><![CDATA[K Raheja group]]></category>
		<category><![CDATA[Khar]]></category>
		<category><![CDATA[Lachmandas]]></category>
		<category><![CDATA[Maharashtra Chamber of Housing Industry]]></category>
		<category><![CDATA[MCHI]]></category>
		<category><![CDATA[Mumbai’s Worli]]></category>
		<category><![CDATA[Practicing Engineers Architects and Town Planners Association of India]]></category>
		<category><![CDATA[President]]></category>
		<category><![CDATA[Professional property developers]]></category>
		<category><![CDATA[real estate developer Gopal Raheja Passes Away]]></category>
		<category><![CDATA[Sandeep Raheja]]></category>
		<category><![CDATA[Santacruz]]></category>
		<category><![CDATA[Suresh Raheja’s K Raheja Universal]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=57643</guid>
		<description><![CDATA[On Tuesday, Gopal Raheja of GL Raheja Group died, who was among the first professional property developers in the country, patriarch of the 11,000-crore.The actual reason for his death is not known though he was 80 and was ailing for some time now. An active real estate developer since the 1960s, Gopal Raheja was mainly [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/gl-raheja-group-patriarch-gopal-raheja-passes-away-57643/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Developers have to wait for relief from Urban Land Ceiling Act</title>
		<link>https://groups.commonfloor.com/news/developers-have-to-wait-for-relief-from-urban-land-ceiling-act-54220</link>
		<comments>https://groups.commonfloor.com/news/developers-have-to-wait-for-relief-from-urban-land-ceiling-act-54220#comments</comments>
		<pubDate>Mon, 10 Feb 2014 11:32:10 +0000</pubDate>
		<dc:creator>dinesh.k</dc:creator>
				<category><![CDATA[Realty News]]></category>
		<category><![CDATA[advocate general]]></category>
		<category><![CDATA[Maharashtra]]></category>
		<category><![CDATA[Maharashtra Chamber of Housing Industry]]></category>
		<category><![CDATA[MCHI]]></category>
		<category><![CDATA[Mhada]]></category>
		<category><![CDATA[Ministry of Environment and Forests]]></category>
		<category><![CDATA[Urban Land Ceiling Act]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=54220</guid>
		<description><![CDATA[Developers hoping to get relief from the restrictions of Urban Land Ceiling Act by the Maharashtra state government will have to wait. The state government has sought legal opinion from the advocate general on the request made by seeking exemptions from ULC approvals since the law was repealed. The Maharashtra Chamber of Housing Industry (MCHI), body of [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/developers-have-to-wait-for-relief-from-urban-land-ceiling-act-54220/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>MHADA hopes to develop 40000 low cost houses in Mumbai</title>
		<link>https://groups.commonfloor.com/news/mhada-hopes-to-develop-40000-low-cost-houses-in-mumbai-48848</link>
		<comments>https://groups.commonfloor.com/news/mhada-hopes-to-develop-40000-low-cost-houses-in-mumbai-48848#comments</comments>
		<pubDate>Mon, 11 Mar 2013 03:43:45 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[houses in Mumbai]]></category>
		<category><![CDATA[low-cost houses]]></category>
		<category><![CDATA[Maharashtra Chambers of Housing Industry]]></category>
		<category><![CDATA[Maharashtra Housing and Area Development Authority]]></category>
		<category><![CDATA[MCHI]]></category>
		<category><![CDATA[Mhada]]></category>
		<category><![CDATA[Navi Mumbai]]></category>
		<category><![CDATA[Properties in Mumbai]]></category>
		<category><![CDATA[Thane]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=48848</guid>
		<description><![CDATA[With the rates of properties in Mumbai touching sky, Maharashtra Housing and Area Development Authority (MHADA) has come up with a scheme to provide low cost houses in the city limits of Mumbai. MHADA will team up with different builders in joint ventures to provide 40,000 low-cost houses through this model. These developments will be mostly in [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/mhada-hopes-to-develop-40000-low-cost-houses-in-mumbai-48848/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Flats in Mumbai to cost more with the new Budget: Experts</title>
		<link>https://groups.commonfloor.com/news/flats-in-mumbai-to-cost-more-with-the-new-budget-experts-47994</link>
		<comments>https://groups.commonfloor.com/news/flats-in-mumbai-to-cost-more-with-the-new-budget-experts-47994#comments</comments>
		<pubDate>Sat, 02 Mar 2013 07:08:26 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Budget-2013]]></category>
		<category><![CDATA[Cushman and Wakefield]]></category>
		<category><![CDATA[Flats in Mumbai]]></category>
		<category><![CDATA[Maharashtra Chamber of Housing Industry]]></category>
		<category><![CDATA[MCHI]]></category>
		<category><![CDATA[Navi Mumbai]]></category>
		<category><![CDATA[Palm Beach Road]]></category>
		<category><![CDATA[Price correction]]></category>
		<category><![CDATA[Properties in Mumbai]]></category>
		<category><![CDATA[Property prices in Mumbai]]></category>
		<category><![CDATA[Residential projects]]></category>
		<category><![CDATA[Residential projects in Mumbai]]></category>
		<category><![CDATA[Tax Deducted at Source]]></category>
		<category><![CDATA[TDS]]></category>
		<category><![CDATA[Union Budget 2013]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=47994</guid>
		<description><![CDATA[With the introduction of Union Budget 2013, experts have claimed that the incentives will be of no use for home buyers in Mumbai. The real estate incentives are also claimed to create some problems with the buyers as the flats will cost more due to 1% tax on transfer of properties in Mumbai. To make things [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/flats-in-mumbai-to-cost-more-with-the-new-budget-experts-47994/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Realtors&#8217; rat race affects Navi Mumbai real estate</title>
		<link>https://groups.commonfloor.com/news/realtors-rat-race-affects-navi-mumbai-real-estate-47512</link>
		<comments>https://groups.commonfloor.com/news/realtors-rat-race-affects-navi-mumbai-real-estate-47512#comments</comments>
		<pubDate>Wed, 27 Feb 2013 11:57:44 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Real estate trends]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[housing projects in Mumbai]]></category>
		<category><![CDATA[industrial policy in Maharashtra]]></category>
		<category><![CDATA[Maharashtra Chamber Housing Industry]]></category>
		<category><![CDATA[Maharashtra Chamber of Housing Industry]]></category>
		<category><![CDATA[MCHI]]></category>
		<category><![CDATA[Navi Mumbai]]></category>
		<category><![CDATA[Navi Mumbai real estate]]></category>
		<category><![CDATA[Navi Mumbai real estate market]]></category>
		<category><![CDATA[Properties in Navi Mumbai]]></category>
		<category><![CDATA[Property prices in Navi Mumbai]]></category>
		<category><![CDATA[real estate in navi mumbai]]></category>
		<category><![CDATA[SEZ]]></category>
		<category><![CDATA[Special economic zone]]></category>
		<category><![CDATA[Special Economic Zone in Mumbai]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=47512</guid>
		<description><![CDATA[Real estate in Navi Mumbai is getting affected as  there has been internal fight among real estate developers, agents, owners, etc. Further, with the rising insecurities among developers, the sales are also going downtrend. One of the renowned developers is worried with the way real estate sector in Navi Mumbai is developing. The developers are [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/realtors-rat-race-affects-navi-mumbai-real-estate-47512/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Property prices in Mumbai down by 1%</title>
		<link>https://groups.commonfloor.com/news/property-prices-in-mumbai-down-by-1-43532</link>
		<comments>https://groups.commonfloor.com/news/property-prices-in-mumbai-down-by-1-43532#comments</comments>
		<pubDate>Tue, 29 Jan 2013 03:08:06 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Real estate trends]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Residential Real Estate]]></category>
		<category><![CDATA[Maharashtra Chamber of Housing Industry]]></category>
		<category><![CDATA[MCHI]]></category>
		<category><![CDATA[Navi Mumbai]]></category>
		<category><![CDATA[Palm Beach Road]]></category>
		<category><![CDATA[Price correction]]></category>
		<category><![CDATA[Properties in Mumbai]]></category>
		<category><![CDATA[Property prices in Mumbai]]></category>
		<category><![CDATA[Residential projects]]></category>
		<category><![CDATA[Residential projects in Mumbai]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=43532</guid>
		<description><![CDATA[A good news for property buyers in Mumbai! Now, is the correct time to invest in properties in Mumbai as there will be a slight depreciation in prices as per the real estate experts. For the first time in 3-4 years, the average price of residential properties in Mumbai and the Mumbai Metropolitan Region (MMR) [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/property-prices-in-mumbai-down-by-1-43532/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Warranty for flats: New trend in real estate market!</title>
		<link>https://groups.commonfloor.com/news/warranty-for-flats-new-trend-in-real-estate-market-34030</link>
		<comments>https://groups.commonfloor.com/news/warranty-for-flats-new-trend-in-real-estate-market-34030#comments</comments>
		<pubDate>Tue, 27 Nov 2012 07:43:27 +0000</pubDate>
		<dc:creator>Poornima</dc:creator>
				<category><![CDATA[Deals & Offers]]></category>
		<category><![CDATA[Real estate trends]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Apartments]]></category>
		<category><![CDATA[Builders]]></category>
		<category><![CDATA[Buyers]]></category>
		<category><![CDATA[buying a flat]]></category>
		<category><![CDATA[Construction materials]]></category>
		<category><![CDATA[Documents]]></category>
		<category><![CDATA[electrical appliances]]></category>
		<category><![CDATA[Jones Lang LaSalle India]]></category>
		<category><![CDATA[Maharashtra Chamber of Housing and Industry]]></category>
		<category><![CDATA[marketing strategy]]></category>
		<category><![CDATA[MCHI]]></category>
		<category><![CDATA[Possession]]></category>
		<category><![CDATA[prime cities]]></category>
		<category><![CDATA[Realty experts]]></category>
		<category><![CDATA[residential services]]></category>
		<category><![CDATA[warranties]]></category>
		<category><![CDATA[warranty cards]]></category>
		<category><![CDATA[warranty identification number]]></category>
		<category><![CDATA[warranty period]]></category>
		<category><![CDATA[waterproofing]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=34030</guid>
		<description><![CDATA[In order to attract potential buyers, several builders and developers of prime cities have come up with a new marketing strategy by offering warranties on the flats based on various appliances in the flat. Electrical appliances get 1-3 years warranty, paint gets 5-7 years, waterproofing of flats get up to 10 years warranty period. A [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/warranty-for-flats-new-trend-in-real-estate-market-34030/feed</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Affordable housing still a distant dream!</title>
		<link>https://groups.commonfloor.com/news/affordable-housing-still-a-distant-dream-19334</link>
		<comments>https://groups.commonfloor.com/news/affordable-housing-still-a-distant-dream-19334#comments</comments>
		<pubDate>Mon, 30 Apr 2012 08:59:22 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Affordable and budget housing]]></category>
		<category><![CDATA[Affordable housing stock in Mumbai]]></category>
		<category><![CDATA[Construction of affordable housing in Mumbai city]]></category>
		<category><![CDATA[India offers properties]]></category>
		<category><![CDATA[Maharashtra Chamber of Housing Industry (MCHI)]]></category>
		<category><![CDATA[MCHI]]></category>
		<category><![CDATA[MCHI in collaboration with Credai]]></category>
		<category><![CDATA[Regular track of developmental rules]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=19334</guid>
		<description><![CDATA[The Maharashtra Chamber of Housing Industry (MCHI) has blamed state government for not keeping track of affordable housing stock in Mumbai. Also, MCHI in collaboration with Confederation of Real Estate Developers Association of India (Credai) had signed a deal to construct 5 lakh homes by April, 2010. Mumbai being the costliest city in India offers [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/affordable-housing-still-a-distant-dream-19334/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>MCHI said Maharashtra government is not interested in affordable housing</title>
		<link>https://groups.commonfloor.com/news/mchi-said-maharashtra-government-is-not-interested-in-affordable-housing-19098</link>
		<comments>https://groups.commonfloor.com/news/mchi-said-maharashtra-government-is-not-interested-in-affordable-housing-19098#comments</comments>
		<pubDate>Fri, 27 Apr 2012 08:46:41 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Apartment News]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Real estate trends]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Residential Real Estate]]></category>
		<category><![CDATA[Affordable houses]]></category>
		<category><![CDATA[affordable houses in Mumbai]]></category>
		<category><![CDATA[Affordable Housing]]></category>
		<category><![CDATA[cost of construction]]></category>
		<category><![CDATA[Maharashtra Chamber of Housing Industry]]></category>
		<category><![CDATA[MCHI]]></category>
		<category><![CDATA[reservation of 20 percent project]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=19098</guid>
		<description><![CDATA[Maharashtra Chamber of Housing Industry (MCHI) said that the state government is not helping the builders for constructing affordable housing. The government has not amended the constructing rule for the construction of affordable houses in Mumbai. The approval process is still taking long time which leads to increasing cost of construction. The government officials are [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/mchi-said-maharashtra-government-is-not-interested-in-affordable-housing-19098/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Builders will protest against clearance delays</title>
		<link>https://groups.commonfloor.com/news/builders-will-protest-against-clearance-delays-18853</link>
		<comments>https://groups.commonfloor.com/news/builders-will-protest-against-clearance-delays-18853#comments</comments>
		<pubDate>Tue, 24 Apr 2012 12:33:33 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[BMC]]></category>
		<category><![CDATA[Brihanmumbai Municipal Corporation]]></category>
		<category><![CDATA[builders associations]]></category>
		<category><![CDATA[Confederation of Real Estate Developers' Association of India]]></category>
		<category><![CDATA[construction in Mumbai]]></category>
		<category><![CDATA[CREDAI]]></category>
		<category><![CDATA[Maharashtra Chamber of Housing Industry]]></category>
		<category><![CDATA[MCHI]]></category>
		<category><![CDATA[Real estate in Mumbai]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=18853</guid>
		<description><![CDATA[The members of Maharashtra Chamber of Housing Industry (MCHI) and Confederation of Real Estate Developers&#8217; Association of India (Credai), have decided to go on a token strike and on May 3. This decision is taken to protest the lack of continuity in policies and inordinate delays in getting clearances for various projects. According to the [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/builders-will-protest-against-clearance-delays-18853/feed</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Builders to stage a protest!</title>
		<link>https://groups.commonfloor.com/news/builders-to-stage-a-protest-17386</link>
		<comments>https://groups.commonfloor.com/news/builders-to-stage-a-protest-17386#comments</comments>
		<pubDate>Mon, 09 Apr 2012 05:53:46 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Cities]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Builder's grievances]]></category>
		<category><![CDATA[Builders across India]]></category>
		<category><![CDATA[Builders to stage a protest]]></category>
		<category><![CDATA[Construction projects]]></category>
		<category><![CDATA[CREDAI]]></category>
		<category><![CDATA[Delay in approvals for construction projects]]></category>
		<category><![CDATA[Departments of government]]></category>
		<category><![CDATA[Maharashtra Chambers of Housing Industry (MCHI)]]></category>
		<category><![CDATA[MCHI]]></category>
		<category><![CDATA[President of confederation of real estate developers association of India]]></category>
		<category><![CDATA[Property exhibitions]]></category>
		<category><![CDATA[State government]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=17386</guid>
		<description><![CDATA[The delay in approvals for construction projects has annoyed the builders across India so much that they have decided to stage a protest. The president of confederation of real estate developers association of India (CREDAI) say that a day long strike has been planned if the demands are not met. Also, it has been observed [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/builders-to-stage-a-protest-17386/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Service tax to be levied on construction of flats</title>
		<link>https://groups.commonfloor.com/news/service-tax-to-be-levied-on-construction-of-flats-13106</link>
		<comments>https://groups.commonfloor.com/news/service-tax-to-be-levied-on-construction-of-flats-13106#comments</comments>
		<pubDate>Sat, 21 Jan 2012 09:19:49 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Bombay High Court]]></category>
		<category><![CDATA[Calculation of service tax on purchase in Mumbai]]></category>
		<category><![CDATA[Maharashtra Chamber of Housing Industry]]></category>
		<category><![CDATA[MCHI]]></category>
		<category><![CDATA[MCHI Mumbai]]></category>
		<category><![CDATA[Properties in Mumbai]]></category>
		<category><![CDATA[Property]]></category>
		<category><![CDATA[Service Tax]]></category>
		<category><![CDATA[Service tax in Mumbai]]></category>
		<category><![CDATA[Service tax on apartments]]></category>
		<category><![CDATA[Service tax on construction]]></category>
		<category><![CDATA[Service tax on construction of flats]]></category>
		<category><![CDATA[Service tax on property]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=13106</guid>
		<description><![CDATA[As per the recent Bombay High court&#8217;s order, service tax will be levied on construction of properties. Earlier, Maharashtra Chamber of Housing Industry (MCHI) challenged the order of paying extra service tax. The order also stated that only state government has the power to levy tax on flats, buildings and other plots. MCHI has already [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/service-tax-to-be-levied-on-construction-of-flats-13106/feed</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Mumbai builders met CM to discuss RR rates</title>
		<link>https://groups.commonfloor.com/news/mumbai-builders-met-cm-to-discuss-rr-rates-13002</link>
		<comments>https://groups.commonfloor.com/news/mumbai-builders-met-cm-to-discuss-rr-rates-13002#comments</comments>
		<pubDate>Thu, 19 Jan 2012 07:05:50 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Builders in Mumbai]]></category>
		<category><![CDATA[Clearance]]></category>
		<category><![CDATA[Clearance for building project]]></category>
		<category><![CDATA[Dadar]]></category>
		<category><![CDATA[Maharashtra Chamber of Housing Industry]]></category>
		<category><![CDATA[MCHI]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Mumbai Builders]]></category>
		<category><![CDATA[Prabhadevi]]></category>
		<category><![CDATA[Property]]></category>
		<category><![CDATA[Property Prices]]></category>
		<category><![CDATA[Ready reckoner rates]]></category>
		<category><![CDATA[Ready Reckoner rates in Mumbai]]></category>
		<category><![CDATA[RR rates]]></category>
		<category><![CDATA[RR rates in Mumbai]]></category>
		<category><![CDATA[Versova]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=13002</guid>
		<description><![CDATA[Builders in Mumbai are a worried lot now over various issues. Maharashtra Chamber of Housing Industry (MCHI) met the state chief minister to reverse back the Ready Reckoner (RR) rates as it was in 2011. The builders also wanted a permanent solution for getting instant clearances for building projects. An abrupt increase of 46% in [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/mumbai-builders-met-cm-to-discuss-rr-rates-13002/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Property prices down!</title>
		<link>https://groups.commonfloor.com/news/property-prices-down-10540</link>
		<comments>https://groups.commonfloor.com/news/property-prices-down-10540#comments</comments>
		<pubDate>Tue, 13 Dec 2011 09:05:36 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Developers]]></category>
		<category><![CDATA[Hurricane]]></category>
		<category><![CDATA[Maharashtra Chambers of Housing Industry]]></category>
		<category><![CDATA[MCHI]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Price correction]]></category>
		<category><![CDATA[Property]]></category>
		<category><![CDATA[Property rates]]></category>
		<category><![CDATA[Prospective buyers]]></category>
		<category><![CDATA[Real-estate market]]></category>
		<category><![CDATA[Reducing property rates]]></category>
		<category><![CDATA[Sluggish real estate market]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=10540</guid>
		<description><![CDATA[This news comes in as an hurricane! Finally the developers have started cutting down the property rates. This was the royal time all the prospective buyers were waiting for! Unbelievable property rates in Mumbai have come down by 10 to 30 percent. Just to survive in this sluggish real estate market, the city developers are [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/property-prices-down-10540/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Delay in green clearance</title>
		<link>https://groups.commonfloor.com/news/delay-in-green-clearance-10139</link>
		<comments>https://groups.commonfloor.com/news/delay-in-green-clearance-10139#comments</comments>
		<pubDate>Mon, 05 Dec 2011 06:49:02 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Building development control]]></category>
		<category><![CDATA[Confederation of real estate developers’ associations of India (CREDAI)]]></category>
		<category><![CDATA[Delhi]]></category>
		<category><![CDATA[Environment]]></category>
		<category><![CDATA[Floor space index (FSI)]]></category>
		<category><![CDATA[Green clearance]]></category>
		<category><![CDATA[Maharashtra Chamber of Housing Industry (MCHI)]]></category>
		<category><![CDATA[MCHI]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[State expert appraisal committee (SEAC)]]></category>
		<category><![CDATA[Union environment minister]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=10139</guid>
		<description><![CDATA[State expert appraisal committee (SEAC) has been delaying green clearances and this has brought a down feel in the Maharashtra Chamber of Housing Industry (MCHI), Mumbai. Therefore MCHI has put up the issue in front of the Union environment minister Jayanti Natrajan to get the case solved. The discussion of same issue happened at the [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/delay-in-green-clearance-10139/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Urban Land Ceiling Act getting more tough</title>
		<link>https://groups.commonfloor.com/news/urban-land-ceiling-act-getting-more-tough-10021</link>
		<comments>https://groups.commonfloor.com/news/urban-land-ceiling-act-getting-more-tough-10021#comments</comments>
		<pubDate>Thu, 01 Dec 2011 11:55:20 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Developers]]></category>
		<category><![CDATA[Legal opinion]]></category>
		<category><![CDATA[Maharashtra Chamber of Housing Industry (MCHI)]]></category>
		<category><![CDATA[MCHI]]></category>
		<category><![CDATA[No-objection certificates]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[State government]]></category>
		<category><![CDATA[ULC approvals]]></category>
		<category><![CDATA[Urban Land Ceiling Act]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=10021</guid>
		<description><![CDATA[Maharashtra Chamber of Housing Industry (MCHI) has disagreed seeking no-objection certificates from the state government. MCHI- a body of real estate developers are hoping to seek relief from Urban Land Ceiling Act restrictions. Now that the act has been repealed, the state government has sought legal opinion as per developers request to seek exemptions from [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/urban-land-ceiling-act-getting-more-tough-10021/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Mandatory for a Developer to sell Property as per the Carpet Area in Mumbai</title>
		<link>https://groups.commonfloor.com/news/mandatory-for-a-developer-to-sell-property-as-per-the-carpet-area-in-mumbai-7476</link>
		<comments>https://groups.commonfloor.com/news/mandatory-for-a-developer-to-sell-property-as-per-the-carpet-area-in-mumbai-7476#comments</comments>
		<pubDate>Fri, 16 Sep 2011 11:07:17 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Clearance certificate]]></category>
		<category><![CDATA[Co-operative Societies Residents Users & Welfare Association]]></category>
		<category><![CDATA[Environment certificates]]></category>
		<category><![CDATA[MCHI]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[The Maharashtra Chamber of Housing Industry]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=7476</guid>
		<description><![CDATA[The Maharashtra Chamber of Housing Industry (MCHI) has come up with a rule to strengthen its mechanism to clear the issues. The new method of the rule is mandatory for the developer to sell the property as per the carpet area. Environment certificates and a title clearance certificate along with the other approvals before accepting bookings [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/mandatory-for-a-developer-to-sell-property-as-per-the-carpet-area-in-mumbai-7476/feed</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Builders support BMC Mumbai Chief Decision on No Premium for Redevelopment Projects</title>
		<link>https://groups.commonfloor.com/news/builders-support-bmc-mumbai-chief-decision-on-no-premium-for-redevelopment-projects-7013</link>
		<comments>https://groups.commonfloor.com/news/builders-support-bmc-mumbai-chief-decision-on-no-premium-for-redevelopment-projects-7013#comments</comments>
		<pubDate>Fri, 26 Aug 2011 13:30:00 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[BMC]]></category>
		<category><![CDATA[BMC Mumbai]]></category>
		<category><![CDATA[Builders]]></category>
		<category><![CDATA[Builders support BMC]]></category>
		<category><![CDATA[Development Control Rules]]></category>
		<category><![CDATA[Free of cost under redevelopment scheme]]></category>
		<category><![CDATA[Maharashtra Chamber of Housing Industry]]></category>
		<category><![CDATA[MCHI]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[No Premium for Redevelopment Project]]></category>
		<category><![CDATA[Not to charge premium for redevelopment projects]]></category>
		<category><![CDATA[Redevelopment projects]]></category>
		<category><![CDATA[Redevelopment projects in Mumbai]]></category>
		<category><![CDATA[Redevelopment scheme covering old buildings]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=7013</guid>
		<description><![CDATA[BMC&#8217;s plan to levy a 100% premium on some areas like flower bed, parking and balconies appeared to have been made under the premise that developers were indulging in commercial exploitation. Maharashtra Chamber of Housing Industry (MCHI) recommended a maximum of 25% premium on compensatory FSI and that &#8220;this area should not be inclusive of [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/builders-support-bmc-mumbai-chief-decision-on-no-premium-for-redevelopment-projects-7013/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Retardation in Affordable Housing in Navi Mumbai due to Realty Rate Inflation</title>
		<link>https://groups.commonfloor.com/news/retardation-in-affordable-housing-in-navi-mumbai-due-to-realty-rate-inflation-6910</link>
		<comments>https://groups.commonfloor.com/news/retardation-in-affordable-housing-in-navi-mumbai-due-to-realty-rate-inflation-6910#comments</comments>
		<pubDate>Mon, 22 Aug 2011 06:19:20 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Affordable homes]]></category>
		<category><![CDATA[Affordable Housing]]></category>
		<category><![CDATA[Affordable Housing in Navi Mumbai]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Maharashtra Chamber of Housing Industry]]></category>
		<category><![CDATA[MCHI]]></category>
		<category><![CDATA[MCHI Mumbai]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Navi Mumbai]]></category>
		<category><![CDATA[NRI Complex at Seawoods]]></category>
		<category><![CDATA[Palm Beach Road]]></category>
		<category><![CDATA[Posh flats on Palm Beach Road]]></category>
		<category><![CDATA[Pricey realty sector]]></category>
		<category><![CDATA[Realty]]></category>
		<category><![CDATA[Realty Rate Inflation]]></category>
		<category><![CDATA[Realty rates]]></category>
		<category><![CDATA[Realty sector]]></category>
		<category><![CDATA[Retardation in Affordable Housing]]></category>
		<category><![CDATA[Sector 17 of Vashi]]></category>
		<category><![CDATA[Vashi]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=6910</guid>
		<description><![CDATA[Navi Mumbai, that could once boast of offering houses at moderate prices is now burning a hole in a buyer&#8217;s pocket. Residents are not happy with the scene. What they want is that the place must go back to its original plan of offering affordable homes. The town witnessed a good housing growth till five [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/retardation-in-affordable-housing-in-navi-mumbai-due-to-realty-rate-inflation-6910/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
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