10TH JULY 2017

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MCHI-CREDAI

 MCHI NEWS

     

Buy buffer zone, civic chief tells depts that seek distance from projects

Publication: DNA Date : 10 JULY 2017
Defence, Forest and other departments that seek a buffer zone between construction activities might soon have to buy the land they want as the buffer,

 RERA NEWS

     

Residential real estate to be a key beneficiary of Rera

Publication: DNA Date : 10 JULY 2017
About 900 commercial assets equalling 280 million square feet are currently available across key cities and awaiting deployment into India's real estate investment trusts (Reit) market.

EODB NEWS

     

Govt Expects Better Position in WB's Ease-of-Doing-Biz Rankings

Publication: ECONOMIC TIMES Date : 10 JULY 2017
Mumbai:   Officials had expressed dismay over last year's poor ranking which ignored several positive steps

 CITY NEWS

     

Housing societies in Mumbai starts taking waste segregation seriously

Publication: HINDUSTAN TIMES Date : 10 JULY 2017
After it received the most number of notices for its housing societies not segregating waste in the past six months, the H (West) ward is pulling up its socks.
     

Good news Mumbaiites, Centre relaxes building rules, housing projects will be fast-tracked

Publication: HINDUSTAN TIMES Date : 10 JULY 2017
As much as 80% of real estate projects in Mumbai, Navi Mumbai, Thane and Raigad are set be fast-tracked after the central government decided to relax the need

REALTY NEWS

     

PEs don't buy into realty gloom story; investments hit 5-year high

Publication: BUSINESS STANDARD Date : 10 JULY 2017
While residential launches and sales have fallen in the first half of this year, it has not deterred private equity (PE) funds from pouring money into the Indian real estate market.
     

Goldman Sachs may invest Rs300 crore in Ozone Group’s real estate project

Publication: MINT Date : 10 JULY 2017
Mumbai: Investment bank Goldman Sachs is planning to invest as much as $50 million (about Rs325 crore) in a real estate project of Ozone Group, a Bengaluru-based developer, two people aware of the matter said.

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