AFFORDABLE HOUSING NEWS

IMGC bets big on affordable housing

Publication: BUSINESS LINE Date : 10 MARCH 2017 Page: 12

MUMBAI, MARCH 9: In a bid to boost affordable housing, the Indian Mortgage Guarantee Corporation (IMGC) has launched a mortgage guarantee-linked home loan product.

 CITY NEWS

Architects, engineers to be liable for bldgs for 10 years

Publication: TIMES OF INDIA Date : 09 MARCH 2017 PAGE: 01

Mumbai:   The state government has ruled that all those involved in the construction of a building, including architect, license surveyor, structural engineer, site supervisor and engineer, construction company , contractor, sub-contractor and consultants appointed for various activities,

Maharashtra government’s decision to regularise illegal tenants against law: Housing and law department

Publication: HINDUSTAN TIMES Date : 10 MARCH 2017 PAGE: 02

Before Mumbai went to the polls last month, the Bharatiya Janata Party-led government said it would regularise tenants living illegally in transit camps and buildings redeveloped by the Slum Rehabilitation Authority (SRA).

REALTY NEWS

Piggybank - A Li'l Bit of Japan in Property Share

Publication: ECONOMIC TIMES Date : 10 MARCH 2017

Bengaluru: A round-up of the top funding stories of the day from the startup world Asuka, Pravega Ventures, Beenext participate in round

CONTI...

Time for Buyers to Enter Property Market as Prices in Top 8 Cities Decline Sharply

Publication: ECONOMIC TIMES Date : 10 MARCH 2017

Bengaluru: Ticket size of new launches on an average drop 14% year-on-year, shows Cushman report

Scarcity of leased office space sparks investor rush

Publication: LIVE MINT Date : 10 MARCH 2017

Mumbai: Large property investors are scrambling to buy commercial towers where tenants have moved in, driving up the capital value of these buildings. However, with rentals failing to catch up, returns from these investments have fallen, real estate brokers and advisors said.

Tepid sales keep realty funds off residential project investments

Publication: LIVE MINT Date : 10 MARCH 2017

Investments by real estate funds in residential projects have slowed down as property prices remain stagnant, sales tepid and the same set of projects come up for multiple rounds of refinancing.