12TH JULY 2018

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MCHI-CREDAI

AFFORDABLE HOUSING NEWS

     

Thousands of low-cost homes empty in India despite urban shortage

Publication: ET REALTY Date : 12 JULY 2018
MUMBAI: Tens of thousands of low-cost homes are lying empty across India even as officials race to meet a deadline to provide housing for everyone by 2022, which analysts say highlights critical shortcomings in government policy.
     

Affordable housing pushes residential property sales up 24% in June quarter

Publication: BUSINESS LINE Date : 12 JULY 2018
MUMBAI, JULY 10 Residential property sales across top seven cities were up 24 per cent in April-June 2018 compared to the previous quarter as buyers are returning to the market where developers are doling out incentives to clear the unsold inventory.

OTHER CITY NEWS

     

Devpt project on 13-acre Navi Mum PAP plot stayed

Publication: TIMES OF INDIA Date : 12 JULY 2018
Navi Mumbai: The NMMC has issued a stay on the revised commencement certificate (CC) issued to Bhumiraj Builders for a residential-cum-commercial project on 53,200 sq mtrs (around 13 acres)
     

Navi Mumbai: Civic body collects 4.88 tonnes of plastic waste, will use it for road construction

Publication: THE INDIAN EXPRESS Date : 12 JULY 2018
The official said citizens had been urged to deposit the banned plastic in ward offices or they can contact the civic body to call a waste collection vehicle if

EODB NEWS

     

Give categories, not Ease of doing business ranking: Maharashtra

Publication: DNA Date : 12 JULY 2018
A day after Maharashtra's ranking slipped to the 13th position on the ease of doing business (EODB) in the Department of Industrial Policy & Promotion (DIPP)'s list, the state downplayed the slip.

REALTY NEWS

     

India becomes world's sixth largest economy, muscles past France

Publication: TIMES OF INDIA Date : 12 JULY 2018
PARIS: India has become the world's sixth-biggest economy,
     

EXCLUSIVE | Bankruptcy Code: Are homebuyers secured financial creditors? Read builder agreement carefully

Publication: FINANCIAL EXPRESS Date : 12 JULY 2018
The latest Ordinance on the Insolvency and Bankruptcy Code (IBC) has, for the first time, recognised home-buyers as financial creditors

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