Meeting held in the month of August 2024
Meeting with Smt. Jayashreerani B. Surve, Dy. Director on Thursday, August 08, 2024
meeting was held with Smt. Jayashreerani B. Surve, Deputy Director, to discuss the impact of high Ready Reckoner (RR) rates. The meeting was attended by representatives from NAREDCO and CREDAI-MCHI. Also submitted our representation mentioning about the cost of construction and GST not being included in it.
Both the points have been taken into account. The confirmation has been received from the IGR office is that the ready reckoner rates for the built units i.e. commercial and residential might get reconsidered but the land RR rates will remain the same for the next year.
Meeting with Ashish Sharma (IAS), GST Commissioner on Wednesday, August 14, 2024 to discuss key issues related to GST in the real estate sector.
Attendees from CREDAI-MCHI included
- Shri Domnic Romell, President
- Shri Rushi Mehta, Honorary Joint Secretary
- Shri Sunny Bijlani, Honorary Joint Secretary
- Shri Keval Valambhia, COO
- Shri Mulik Gaglani, Adani Realty
- Shri Dinesh Mutha, Ajmera Group
The meeting focused on addressing the points raised in the formal representation previously submitted by the attendees. The discussion covered various concerns and proposals aimed at improving the GST framework as it applies to the real estate industry.
The Griharmony Redevelopment Stakeholders Federation (GRSF) held its inaugural board meeting on Tuesday, August 27, 2024. The meeting was attended by
- Shri Domnic Romell, President
- Shri Keval Valambhia, COO
- Shri Harish Gupta, Assistant General Manager
A key outcome of the meeting was the appointment of Shri Domnic Romell as Head Technical department of GRSF. Shri Romell’s extensive expertise and leadership are expected to be instrumental in steering the Federation towards its mission of enhancing the redevelopment process for housing societies across Maharashtra.
Meeting with Shri Johny Joseph, Chairman - High Rise Committee on Saturday, August 31, 2024
On Saturday, August 31, 2024, a key meeting was held to discuss the revision of the policy regarding the No Objection Certificate (NOC) for high-rise buildings. The meeting took place with Shri Johny Joseph, Chairman of the High Rise Committee, and members of the High Rise Committee.
The discussion focused on the current policy and potential revisions to improve the NOC process, ensuring better alignment with regulatory standards and safety requirements for high-rise constructions.
Attendees included:
From CREDAI-MCHI:
- Shri Keval Valambhia (COO)
- Maidini Date (Romell Group)
- Shri Sanjay Phope (Sr. Executive – Liaison)
- Shri Sanjay Yedge (Executive – Liaison)
From the High Rise Committee:
- Shri Johny Joseph (Chairman – High Rise Committee)
- Shri Chandrakant Undage (Chief Engineer – DP)
- Shri R. N. Ambulgekar (Chief Fire Officer – BMC)
Suggestion meeting with Housing department appointed advisor to decide the policy changes to speed up redevelopment/ self-redevelopment of properties in Maharashtra on Friday, August 30, 2024.
The Meeting was attended by Shri Ricardo Romell (Committee Member) and Shri Keval Valambhia (COO), Shri Harish Gupta (Assistant General Manager).
State Government has appointed Mr. Rajendra Mirgane as the advisor to MHADA and State Government to promote redevelopment and self-redevelopment in Maharashtra.
CREDAI-MCHI advocated for following points :
- Schedule for payment of MHADA premium on 10:10:80 scheme
- Entire fungible compensatory FSI on rehab component not exceeding 35 Sq. Mtr. Shall be granted without charging premium.
- To allow to deduct actual rehab area and charge premium only on sale area.
- To grant NOC to developers after obtaining request from the developers, by resident executive engineer.