June - July 2012 - mchi-credai
June - July 2012 - mchi-credai
June - July 2012 - mchi-credai
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14 08<br />
Page 14<br />
MCHI-CREDAI UNIT NEWS<br />
President of Kalyan-Dombivali Unit, Shri Bandish Ajmera, will<br />
continue as President for another term, <strong>2012</strong>-13. He was felicitated<br />
by Shri Johar Zojwalla, Shri Shrikant Shitole, Shri Praful Shah, Shri<br />
Manoj Rai and Shri Ravi Patil.<br />
MCHI-CREDAI Mira Virar Committee with Speakers CA Naresh K.<br />
Sheth and CA Paresh Vakharia at the seminar on recent<br />
implications of service tax and VAT.<br />
Interactive seminar on service tax & VAT for the real<br />
estate industry<br />
A seminar on recent implications of service tax and VAT was<br />
conducted by Mira Virar City unit of MCHI-CREDAI on 14th <strong>July</strong> <strong>2012</strong><br />
at GCC Club, Mira Road (E). The objective of the Seminar was to<br />
enable Builders and Developers to effectively deal with Service Tax<br />
and VAT challenges in the light of the amended laws and new tax<br />
positions and the recent Bombay High Court Judgment. In this<br />
interactive seminar, two eminent Speakers CA Naresh K. Sheth and<br />
CA Paresh Vakharia clarified the Service Tax amendments and the<br />
VAT Law, and explained its implications and intricacies on<br />
A delegation from MCHI-CREDAI Navi Mumbai Unit held a fruitful<br />
discussion with the Navi Mumbai Police Commissioner, Shri A.K.<br />
Sharma<br />
PROPERTYSCAPE ISSUE • FEBRUARY APRIL JUNE • JULY MAY • MARCH <strong>2012</strong><br />
<strong>2012</strong><br />
Kalyan Dombivali Unit<br />
Mira-Virar City Unit<br />
Navi Mumbai Unit<br />
The Kalyan-Dombivali Unit of MCHI-CREDAI has been following up<br />
on various issues that impact members, such as staircase premium,<br />
Solar NOC, Fire NOC, TDR to be given on RG areas, TDR against<br />
amenity development etc. One news that is positive for members is<br />
the recent order passed by the Hon'ble Municipal Commissioner,<br />
KDMC rendering staircase premium from 100% of the ready reckoner<br />
rate to 40%. This happened because of team work and support of all<br />
member developers.<br />
The Kalyan-Dombivali Unit of MCHI-CREDAI has put in enormous<br />
efforts to strengthen the association and create a sense of unity<br />
amongst developers; it has taken up initiatives for 'city development<br />
projects', whereby Unit members can contribute towards<br />
development of infrastructural projects like roads, hospitals,<br />
gardens, rotaries, islands, bus-bays, entry gate, public amenities etc,<br />
where the developer can get TDR against development of amenities<br />
which would serve a dual purpose: development of the city and<br />
benefit to member-developers.<br />
A view of the MCHI-CREDAI Mira Virar members who heard the<br />
speakers with attention.<br />
construction, real estate sector.<br />
Speaking on this occasion, Mr. Shailesh Sanghvi, Secretary Mira Virar<br />
city unit of MCHI-CREDAI, said that “This is the toughest time in real<br />
estate where we can see lot of amendments in the rules and<br />
regulations, so it is decided by the unit’s committee to organize<br />
seminars once in two months on such topics. Developers should be<br />
made aware of the implication of any rule on industry and the<br />
mechanisms involved in it.”<br />
The seminar, attended by most of the Mira Virar unit Members and<br />
Committee members witnessed more than 150 audience.<br />
New plans in the pipeline<br />
The MCHI-CREDAI Navi Mumbai Unit has put in enormous efforts to<br />
strengthen the association and create a sense of unity amongst<br />
developers; it has taken up initiatives for the same. The Managing<br />
Committee of MCHI- CREDAI - Navi Mumbai Unit meets at least once<br />
and at times, even twice in a month to chalk out the future programs.<br />
It plans to organize a property exhibition in the month of October<br />
<strong>2012</strong>. On 3rd <strong>July</strong>, <strong>2012</strong>, a delegation from MCHI-CREDAI Navi<br />
Mumbai Unit participated in a fruitful discussion with the Police<br />
Commissioner of Navi Mumbai Mr. A.K. Sharma. The Navi Mumbai<br />
Unit of MCHI-CREDAI has been following up on various issues that<br />
impact members, and hopes to work for the benefit of memberdevelopers<br />
through <strong>2012</strong>.