News Updates 9 Mumbai developers to pay fire protection fee
Developers in Mumbai will have to pay a fire protection fee along with scrutiny fees to get their building plans approved by the fire department, according to a proposal awaiting the nod of the municipal commissioner.
The fire protection fee will be charged for residential buildings, commercial buildings, including
10
malls, commercial centres, luxury hotels and multiplexes. This is the first time that the civic body will be charging a fire protection fee for new buildings.
The fee will be in the range of Rs 50-60 per sq m for commercial structures and Rs 25-30 per sq m for residential structures. Cur- rently, the fire department gen-
erates revenue to the tune of Rs 40-50 crore through various fees for new building structures. The fire department currently charges a scrutiny fees to grant no-objec- tion certificates (NOCs) to new buildings. Fire officials have also proposed an increase in the scru- tiny fees for high-rises and other structures.
DLF Brands appoints Real Estate IQ to clinch deals
DLF Brands has signed a memo- randum of understanding with the Delhi-based retail real-estate advisory firm Real Estate IQ under which the latter has been author- ized to represent DLF Brands to secure various properties and re- lated commercial deals in further- ance of business of the company.
The MoU says that to secure such deals, Real Estate IQ can use the brand name of DLF Brands and other representations in various
forms of communications, and stating its alliance between both the companies. The MoU is a mu- tual understanding between both the parties to secure and create current and future prospects for the business of DLF Brands with- out any financial transaction or commitment at the time of execu- tion and during the tenure of the MoU.
DLF Brands will according to the MoU would treat Real Estate IQ
as a preferred partner to secure property deals and related busi- ness proposals.
DLF Brands, that started op- erations in 2008, has launched various global brands in India including Armani, Alcott, DKNY, Claire, Mothercare, Boggi Milano, Mango (For South, East and West India), Sunglass Hut, Salvatore Ferragamo, and Early Learning Center.
GIREM 101 41
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50