11TH JUNE 2017

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Now, affordable housing is driving home loan growth

Publication: TIMES OF INDIA Date : 11 JUNE 2017
After years of selling pricey luxury homes that boasted amenities like signature golf courses and jacuzzis, builders finally seem to be moving toward modest apartments to suit middle-class pockets.



2 yrs before Metro shed plan, govt termed Aarey as forest in 2012

Publication: TIMES OF INDIA Date : 11 JUNE 2017
While the state has informed the National Green Tribunal that only 76 hectares (or 187 acres) of Aarey is forest, the 2012 Management Plan of Sanjay Gandhi National Park says all of Aarey is an unclassed forest.



PM Modi to lay foundation of IFSC

Publication: THE ASIAN AGE Date : 11 JUNE 2017
Mumbai: Even as the state government is waiting for the International Financial Service Centre (IFSC) at Bandra Kurla Complex (BKC) to be tagged a ‘special economic zone’ (SEZ), PM Narendra Modi is scheduled to lay the project’s foundation stone in September.

Study: Cluster model in suburbs may worsen Mumbai’s urban gridlock

Publication: THE INDIAN EXPRESS Date : 11 JUNE 2017
A study commissioned by the Mumbai municipality has cautioned that the extension of the cluster redevelopment model to the suburbs will further densify the city and may impact its overall liveability index.

NGT asks pollution control board chief to leave post

Publication: THE INDIAN EXPRESS Date : 11 JUNE 2017
THE NATIONAL Green Tribunal has ordered the removal of the chairperson of the Maharashtra Pollution Control Board (MPCB), along with the chairpersons of nine other states, for failure to meet ‘requisite qualifications’ for the post.

20.76 sqkm of Mumbai’s Aarey forest, shouldn’t allow construction in it, says NGO Vanashakti

Publication: HINDUSTAN TIMES Date : 11 JUNE 2017
Mumbai city news: NGO’s claim that the green lung is in fact a forest and should be protected was proved correct, after a Right to Information plea unearthed documents



Don't chop trees at Mum-Goa road, transplant them: Greens

Publication: TIMES OF INDIA Date : 11 JUNE 2017
Navi Mumbai:   Authorities To Plant 3 Saplings For Each Cut Trees are being cut to widen the Mumbai-Goa highway (NH66) outside Karnala bird sanctuary .

Ulwe hill cutting to start tomorrow to pave way for Navi Mum airport

Publication: TIMES OF INDIA Date : 11 JUNE 2017
Navi Mumbai:   Monsoon may arrive in the satellite city literally with a bang as Cidco will start the Ulwe hill blasting work from Monday to pave way for the proposed Navi Mumbai International Airport (NMIA).



Should you take a home loan from a bank or an NBFC?

Publication: BUSINESS STANDARD Date : 11 JUNE 2017
Lending rates have trended downwards over the last two years. Currently, several lenders are offering home loans at an interest rate of 8.35 per cent, way lower than the 10-11 per cent rate that prevailed four years ago.


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