12TH SEPTEMBER 2017

If you cannot read this email, please click here



     
MCHI-CREDAI

EASE OF BUSINESS NEWS

     

India may Rise on Ease of Business Index

Publication: ECONOMIC TIMES Date : 12 SEPTEMBER 2017
GLOBAL GAME With the World Bank acknowledging around 20 reforms introduced by India, the govt expects a double-digit improvement in the country's rank of 130 on the global index to be announced next month

RERA NEWS

     

Bengaluru sees 23% drop in new launches

Publication: BUSINESS LINE Date : 12 SEPTEMBER 2017
BENGALURU, SEPTEMBER 11: Bengaluru’s residential market has seen 23 per cent drop in new launches after the Real Estate (Regulation and Development) Act (RERA) came into effect .

INFRA NEWS

     

Mum-Ahmedabad bullet train may see light of day year before deadline

Publication: TIMES OF INDIA Date : 12 SEPTEMBER 2017
A head of the ground-breaking ceremony of the country's first bullet train project, railways minister Piyush Goyal said the Mumbai-Ahmedabad high-speed rail project
     

Second tunnel boring machine for Metro-3 to arrive in city this week

Publication: TIMES OF INDIA Date : 12 SEPTEMBER 2017
Second tunnel boring machine for Metro-3 to arrive in city this week
     

Govt mulls Rs10 trillion public financing for infrastructure projects

Publication: MINT Date : 12 SEPTEMBER 2017
New Delhi: With bank credit drying up for large infrastructure projects, the National Democratic Alliance (NDA) government is exploring a plan to raise Rs10 trillion from retirees and provident fund beneficiaries, said transport minister Nitin Gadkari.

CITY NEWS

     

Maharashtra govt rolls out policy to push redevelopment of unsafe suburb buildings

Publication: INDIAN EXPRESS Date : 12 SEPTEMBER 2017
A developer will be able to avail an incentive buildable area equivalent to 50 per cent of the floor space used for rehabilitation of existing tenants.
     

Good news for tenants, new redevpt policy for `unsafe' bldgs in suburbs

Publication: TIMES OF INDIA Date : 12 SEPTEMBER 2017
In the wake of recent building collapses, the state government has announced a new redevelopment policy for tenant-occupied dilapidated buildings in the suburbs and non-cessed tenant-occupied buildings in the island city
     

Oshiwara highrise row: After talks, 50 buyers to get flats

Publication: TIMES OF INDIA Date : 12 SEPTEMBER 2017
For over 50 flat buyers, including singers Sunidhi Chauhan, Mika Singh and Sonu Nigam, the dream to shift into the plush Windsor Grande in Oshiwara is finally coming true after settlement talks

REALTY NEWS

     

Mum likely to get 14% more office space in 18 months

Publication: TIMES OF INDIA Date : 12 SEPTEMBER 2017
Mumbai is among the top five cities globally that will see the maximum addition to its office footprint in the next 18 months, according to a JLL report.
     

Country Garden in talks to buy controlling stake in Wadhwa Group’s Mumbai project

Publication: MINT Date : 12 SEPTEMBER 2017
Mumbai: Country Garden Holdings Co. Ltd, China’s third largest builder by sales, is in talks with Mumbai-based Wadhwa Group to buy a majority stake in its upcoming 450-acre residential township at Panvel in Navi Mumbai,

CREDAI-MCHI,

 Maker Bhavan II, 4th Floor, 18,
Sir Vithaldas Thakersey Marg, New Marine
Lines, Mumbai - 400 020.
T: 022 - 42121421
E: secretariat@mchi.net