Browsing Tag

CREDAI-MCHI

15 posts
CREDAI-MCHI unveiled Ease of Doing Business 2.0, a revamped framework aimed at streamlining construction approvals, enabling time-bound decisions, and improving transparency across regulatory bodies.

CREDAI-MCHI Pushes Unified Reform Agenda, Speeds Up Approval Processes

CREDAI-MCHI’s 43rd AGM outlined a unified reform roadmap under President Sukhraj Nahar, strengthening coordination with government bodies, launching Ease of Doing Business 2.0, and institutionalising review mechanisms to fast-track approvals and improve transparency across Mumbai’s real estate ecosystem.

‘We Cut Costs, You Raised Prices’: CM Fadnavis Slams Builders at CREDAI-MCHI Event

At CREDAI-MCHI’s leadership change event in Mumbai, CM Devendra Fadnavis criticised developers for raising home prices despite the government meeting their demands, including premium cuts and infrastructure upgrades.
In a landmark order, the Supreme Court directed a CBI inquiry into DLF's premium Gurugram project 'The Primus,' citing a glaring mismatch between promised luxury amenities and on-ground realities, while slamming authorities for failing to protect homebuyers who invested life savings.

Supreme Court Relief for 493+ Stalled Projects, Restores Environmental Clearance Mechanism

The Supreme Court has ruled in favor of CREDAI-MCHI’s petition, reaffirming SEIAA and SEAC’s authority over environmental clearances. The verdict revives over 493 stalled projects in MMR and Pune, boosting affordable and mid-income housing supply.

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.