MCHI NEWS

DP expected to be ready by May '18: Principal Secy

Publication: DNA Date : 11 JULY 2017

Development Plan for the city which has already got more than four extensions will be out by May 2018.

 GST NEWS

RS Oberoi frowns on 28% GST on hospitality, says it'll hit employment

Publication: DNA Date : 11 JULY 2017

The Oberois of EIH Ltd, one of the most reputed names in the hospitality industry, have raised concern over the impact of goods and services tax (GST) on the travel and tourism sector.

Goods And Services Tax transparency: Elimination of added taxes to boost investment in realty

Publication: THE INDIAN EXPRESS Date : 11 JULY 2017

GST is expected to significantly boost buyer and investor sentiment which has been subdued for a while.

DEMONETISATION NEWS

Note ban didn't have much impact on real estate: Govt

Publication: HINDUSTAN TIMES Date : 11 JULY 2017

Prices of under construction residential properties in Delhi,

INFRA NEWS

Sena now wants coastal road to be named after Shivaji

Publication: TIMES OF INDIA Date : 11 JULY 2017

Barely few days after the name of Mumbai's Chhatrapati Shivaji Terminus (CST) was changed to Chhatrapati Shivaji Maharaj Terminus, the Shiv Sena has demanded that the yet-to-come up Mumbai coastal road be named after the Maratha king too.

Construction to pick up in suburban Mumbai, coastal areas

Publication: THE INDIAN EXPRESS Date : 11 JULY 2017

Government delinks revised Transferable Development Rights policy from ongoing redevelopment projects on narrow roads

 CITY NEWS

FAST TRACK - State reduces registration, permit time for ease of biz

Publication: TIMES OF INDIA Date : 11 JULY 2017

Mumbai:   A year after the landmark concept of ease of doing business was introduced at the World Bank's instance, the Devendra Fadnavis-led government has drastically shortened the period for property

Central Park at Cuffe Parade: BMC to write to MMRDA

Publication: HINDUSTAN TIMES Date : 11 JULY 2017

Mumbai, July 11 -- The Brihanmumbai Municipal Corporation (BMC) has initiated work to reclaim 300 acres of land off Cuffe Parade to build a Central Park - similar to the one in New York.

REALTY NEWS

Realty regulatory bodies to be operational by July 31: Naidu

Publication: TIMES OF INDIA Date : 11 JULY 2017

Real estate regulatory authorities will become functional by July 31, Union urban development and housing minister M Venkaiah Naidu said on Monday

Investment options to beat dipping interest rates

Publication: FINANCIAL CHRONICLE Date : 11 JULY 2017

It’s a hard time for many as interest rates continue to fall. The government has again to cut interest rates on small savings schemes like public provident fund, senior citizen savings scheme and Sukanya Samriddhi by 10 basis points