INFRA NEWS

5,012 trees will make way for Metro-3 project in Mumbai

Publication: HINDUSTAN TIMES Date : 13 JANUARY 2017 PAGE: 05

MUMBAI: The Mumbai Metro Rail Corporation Limited (MMRCL) has revealed that 5,012 trees — three times the original estimate — will be cut or transplanted for the construction of Metro III project..

CITY NEWS

Builder defies forum order to hand over flat, gets 2 yrs jail

Publication: TIMES OF INDIA Date : 13 JANUARY 2017 PAGE: 01

MUMBAI: In a significant ruling, a Thane consumer disputes redressal forum has held a builder guilty of non-compliance of an order passed nine years ago and sentenced him to two years simple imprisonment. .

CONTI...

Developer sacked to ensure speedy SRA project

Publication: AFTERNOON Date : 13 JANUARY 2017 PAGE: 09

MUMBAI: After a delay of over 12 years in rehabilitation of nearly 900 slum dwellers residing in Indira Nagar, at Jogeshwari East, in North-West Mumbai, the Minister of State for Housing, Ravindra Waikar, 

BMC demolishes five floors of Vakola building

Publication: THE ASIAN AGE Date : 13 JANUARY 2017 PAGE: 02

MUMBAI: The Brihanmumbai Municipal Corporation (BMC) on Thursday demolished the top five floors of the 12-storey residential Avadhut Complex in Suburban Vakola, as the building had Completion Certificate only up to floor seven

REALTY NEWS

Real estate quest Mobile apps for house hunters

Publication: THE ASIAN AGE Date : 13 JANUARY 2017 PAGE: 14

MUMBAI: Companies are bringing more awareness to potential buyers

Dented by demonetisation, realty firms may report poor Q3 earnings

Publication: MINT Date : 13 JANUARY 2017 PAGE: 07

Sales have dropped for most real estate developers; weak volumes are likely for two to three quarters

Note ban gives banks an advantage in home loan market

Publication: MINT Date : 13 JANUARY 2017 PAGE: 07

With property valuation coming off, the attraction to shift to NBFCs for higher loan amount is also waning