Latest Realty News

Sunil-Mantri-Resigned-as-Chairman-of-NAREDCO-in-October-
Jan 16, 2016
MUMBAI: Sunil Mantri, chairman & managing director of realty development company Mantri Realty, resigned as Chairman of industry body NAREDCO in October.
Green-Tribunal-order-on-housing-puts-developers-in-a-bind
Sep 09, 2015
The National Green Tribunal on Tuesday made it mandatory for developers to get environmental clearance for projects above 20,000 sq m.
NAREDCO-requested-FM-for-Special-Package-to-Real-Estate-Sector
May 19, 2015
Mumbai: Under the leadership of Shri Sunil Mantri, President, NAREDCO, a delegation of few key members met with Hon’ble Finance Minister Shri Arun Jaitley
MCGM-to-fast-track-realty,-construction-permissions
Apr 28, 2015
MUMBAI: Taking a cue from Prime Minister Narendra Modi's plan to improve the conditions for doing business in India, the Municipal Corporation of Greater Mumbai (MCGM) has simplified certain approval procedures
‘Vision-Maharashtra-–-Housing-for-All-by-2022-Conclave-held
Apr 22, 2015
MUMBAI: Maharashtra Government will do the necessary amendments in the law to facilitate execution of affordable housing for the millions of people across the State
‘Maharashtra-needs-about-50L-Housing-Units-by-2022’
Feb 25, 2015
MUMBAI: The State of Maharashtra would require a minimum of about 50 lakh new housing units by 2022 to meet urbanisation
Realty sector welcomes amendments to Land Acquisition Act
Dec 30, 2014
New Delhi: The decision by the Union Cabinet to take the ordinance route to bring amendments to the Land Acquisition Act has been welcomed by the Indian real estate sector
Premium paid by developers in Affordable Housing category should be brought down: Mr Sunil Mantri
Dec 25, 2014
Mumbai: Union Government should reduce the premium paid by developers in case of affordable housing, to address the urgency in meeting the shortfall in the Category, besides, thrust on PPP projects
Chief minister Devendra Fadnavis: 1-week deadline for clearing housing projects
Dec 24, 2014
Mumbai: Chief minister Devendra Fadnavis recently decided that the state government and its authorised agencies will give approvals for residential projects within seven days
Mixed views on linking home loans to stage of construction
Sep 05, 2013
MUMBAI: The Reserve Bank's decision to link disbursal of home loans with stages of construction has received a mixed reaction from the industry, as some believe the move will streamline the sector while others worry it will impact delivery of projects.
Real estate body calls for use of 'Made in India' materials
Aug 23, 2013
MUMBAI: Raising serious concerns on continuous weakening of rupee against dollar, real estate body NAREDCO today appealed to developers to cut down imports of building construction material and instead use domestically manufactured product.
Mantri Realty to invest Rs 750 crore for 3 housing projects
Dec 09, 2012
NEW DELHI: Real estate developer Mantri Realty today said it will invest up to Rs 750 crore to develop three housing projects in Maharashtra and Karnataka over the next 2-3 years.
Developers crib about long process for getting permissions
Oct 17, 2012
MUMBAI: The civic body's policy that seeks to impose penalties on developers and even cancel projects if redevelopment of its properties is not completed within deadline evoked mixed reactions from experts and developers. Sunil Mantri, chairman of Mantri Realty and member of the real estate committee of the Indian Merchants' Chamber, complained about one clause that pushed up the revalidation

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