GDP NEWS

India's GDP grows 7.7% in Q4, retains fastest growing economy tag

Publication: ECONOMIC TIMES Date : 01 JUNE 2018

India’s economy grew at its fastest in seven quarters in the January-March period, bolstered by strong performance in construction, manufacturing and public services,

At 7.7%, Q4 GDP growth is fastest in 7 quarters

Publication: BUSINESS LINE Date : 01 JUNE 2018

FY18 growth pegged at 6.7%; Centre reins in fisc at 3.5%, retains FY19 growth target at 7.5%

CITY NEWS

TATA-LED GROUP WINS WORLI BDD CHAWLS BID

Publication: MUMBAI MIRROR Date : 01 JUNE 2018

The project involves the redevelopment of 121buildings spread over 54 acres, and concerns the welfare of 9,680 eligible families.

Builders won't level pond in Khatau Mill compound

Publication: DNA Date : 01 JUNE 2018

Developers are not known for sparing even a square foot of land, but a huge pond will be retained in a project being developed in Byculla.

OTHER CITY NEWS

CIDCO dumps debris in pond in spite of rebuke, residents fume

Publication: DNA Date : 01 JUNE 2018

Residents from Kharghar will soon be knocking the judiciary's door to not just save but also revive a huge fresh water pond being reclaimed by CIDCO

REALTY NEWS

How procurement efficiency can transform real estate and benefit homebuyers

Publication: FINANCIAL EXPRESS Date : 01 JUNE 2018

It is estimated that real estate and construction companies can save as much as 80% in pre-construction stages by optimising their procurement processes. The benefits can be passed on to homebuyers and all stakeholders.

Sebi slaps Rs 10 lakh fine on DLF for wrong disclosures on utilisation of IPO proceeds

Publication: ET REALTY Date : 01 JUNE 2018

Regulator Sebi on Thursday imposed a penalty of Rs 10 lakh on realty major DLF for making wrong disclosures with regard to utilisation of funds raised through initial public offering.

AUM of housing finance cos up 24%, NPAs rising to

Publication: BUSINESS LINE Date : 01 JUNE 2018

An increase in the home loan segment boosted the overall assets under management (AUM) of housing finance companies (HFCs), leading to a 24 per cent growth in the last fiscal.

Real estate prices in Mumbai

Publication: MINT Date : 01 JUNE 2018

A house is probably the biggest spend for most Indians. And with urban population increasing manifold, buying a house in a large city, which is where most jobs are likely to be, has become difficult—the first and foremost obstacle being the cost of the property.