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CREDAI-MCHI

12 posts

Bombay HC GST Relief Verdict Could Unlock Rs. 30,000 Cr Redevelopment Potential in Mumbai

The recent Bombay High Court ruling in the Shrinivasa Realcon case has clarified that GST does not apply to redevelopment projects where no transfer of development rights or FSI occurs. CREDAI-MCHI says this verdict could unlock over ₹30,000 crore worth of stalled redevelopment in Mumbai, urging policymakers to act swiftly on GST clarity to rejuvenate the city’s aging housing stock.
affordable homes

MHADA Chief Calls for Public-Private Partnership to Accelerate Mumbai’s Redevelopment at EODR 2.0

Over 3,000 housing societies and 40 developers gathered at CREDAI-MCHI’s EODR 2.0, where MHADA CEO Sanjeev Jaiswal emphasized the urgency of public-private partnerships and policy reforms to revamp Mumbai’s aging buildings and drive transparent, efficient redevelopment.
Maharashtra budget

Maharashtra Budget 2024: Real Estate Sector Welcomes Infrastructure and Housing Push

The Maharashtra Budget 2024 has been well received by real estate and infrastructure leaders, with major investments in urban development, housing, and industrial expansion. CREDAI-MCHI hails the budget as a catalyst for economic growth, strengthening the Mumbai Metropolitan Region’s position as a key economic hub.
Women to pay less stamp duty in Maharashtra

Rs 2 Lakh Discount for Women Homebuyers at This Prop Expo

The CREDAI-MCHI 32nd Property and Home Finance Expo, scheduled for January 17-19, 2025, at the Jio World Convention Centre, will feature over 500 projects from 100+ developers and offer exclusive deals like a ₹2 lakh discount for women homebuyers. The event will showcase innovative initiatives, including India’s first Quick Real Estate Mall, simplifying the home-buying process.
CREDAI-MCHI and MAHAPREIT have signed an MoU to assess air emissions and create a roadmap for decarbonization in the construction sector, aiming for net-zero emissions and sustainable building practices.

CREDAI-MCHI and MAHAPREIT Sign MoU to Drive Decarbonization and Address Air Emissions in the Construction Sector

CREDAI-MCHI and MAHAPREIT have partnered to address air emissions in the construction sector. Their collaboration focuses on creating a roadmap for decarbonization, promoting eco-friendly practices, and working towards net-zero emissions. The initiative will involve studying emissions from construction activities and operational buildings, setting sustainability targets, and training stakeholders to adopt greener building techniques.