12TH JUNE 2017

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MCHI-CREDAI

 INFRA NEWS

     

Mumbai needs the Metro 3 and trees too

Publication: HINDUSTAN TIMES Date : 12 JUNE 2017
Mumbai city news: Mumbai’s suburban railway lines and roads are saturated; the city needs the Metro, but trees cut should be replaced with new ones

 CITY NEWS

     

Parking lot project at SGNP in limbo as it awaits NOC

Publication: DNA Date : 12 JUNE 2017
Worried over one of their most crucial projects stuck for over eight months for a simple No Objection Certificate (NOC) from the Brihanmumbai Municipal Council, the Sanjay Gandhi National Park (SGNP)
     

Mumbai: NGO requests CM Devendra Fadnavis to initiate probe into Aarey 'land scam'

Publication: MID-DAY Date : 12 JUNE 2017
A city-based NGO named Vanshakti has been fighting to Save Aarey milk colony and is also associated with the Aarey Conservation Group has written a letter
     

Rejected houses to be affordable

Publication: ASIAN AGE Date : 12 JUNE 2017
Mumbai: The Maharashtra government, which is under pressure to construct 20 lakh affordable houses in a five-year period, has decided to declare 50,000 homes built for project-affected people (PAP) in Mumbai as affordable houses.

REALTY NEWS

     

Novartis India to Pick Up Office Space in BKC

Publication: ECONOMIC TIMES Date : 12 JUNE 2017
Mumbai:   To shift India headquarters to 1 lakh sqft space with annual rent of Rs 26 cr
     

Godrej Properties rated ‘Hold’ by Edelweiss, says post-RERA, opportunities should increase

Publication: FINANCIAL EXPRESS Date : 12 JUNE 2017
Godrej properties has has acquired a new group housing project in Sohna (new market entry), further expanding its NCR foray.
     

Housing for All by 2022 - The Clock is Ticking

Publication: MONEY CONTROOL Date : 02 JUNE 2017
The arrival of RERA has put paid to such underhanded activity, and only strong developers in the formal housing sector will prevail even in the affordable segment
     

HC stays recovery proceedings against real estate developer

Publication: DNA Date : 12 JUNE 2017
The Delhi High Court has stayed the recovery proceedings against a real estate developer over alleged failure to repay a loan amount of over Rs three crore to a company which had lent the money.
 

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