14TH & 15TH FEBUARY 2017

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MCHI-CREDAI

14TH FEBRUARY 2017

 NAVI MUMBAI NEWS

     

GVK beats GMR bid to build Rs 16,000 crore Navi Mumbai airport

Publication: TIMES OF INDIA Date : 14 FEBRUARY 2017 PAGE: 01
NAVI MUMBAI: After a delay of one-and-a-half decades, the Navi Mumbai international airport project is finally on track.
     

WAIT COMES TO AN END - GVK-led MIAL Wins Bid for Navi Mumbai Airport

Publication: ECONOMIC TIMES Date : 14 FEBRUARY 2017 PAGE: 10
Co that runs city's existing airport beats GMR Infra by offering a higher revenue to Cidco.
     

Mumbai’s airport operator set to build Navi Mumbai airport

Publication: HINDUSTAN TIMES Date : 14 FEBRUARY 2017 PAGE: 01
MUMBAI: The company that redeveloped Mumbai’s Chhatrapati Shivaji International Airport (CSIA) is set to bag the contract to build the much-delayed Navi Mumbai International Airport (NMIA),

CONTI...

     

 INFRA NEWS

     

MMRDA seeks nod for Metro work at night

Publication: THE ASIAN AGE Date : 14 FEBRUARY 2017 PAGE: 03
Mumbai: In order to carry out civil works speedily for the proposed Metro corridors in the Mumbai Metropolitan Region (MMR) throughout the night, the Mumbai Metropolitan Region Development Authority (MMRDA) has written to the Central Pollution Control Board
     

 CITY NEWS

     

Builders come under pricing pressure as buyers eye discounts

Publication: HINDUSTAN TIMES Date : 14 FEBRUARY 2017 PAGE: 17
BENGALURU, Feb. 14 -- Property developers are under pressure from customers to cut home prices or give discounts because of a slump in demand, following the government's shock decision to invalidate high- value bank notes.
 

REALTY NEWS

     

Interest on the housing loan can be set off against the taxable rent

Publication: MINT Date : 14 FEBRUARY 2017 PAGE:15
The Finance Bill 2017 proposes to limit the interest set-off for let-out properties to Rs2 lakh. What is this proposal and how will it impact you?
     

Under pressure, realty firms offer easier payment plans, smaller units

Publication: MINT Date : 14 FEBRUARY 2017 PAGE:15
Most developers consider January to May to be the peak sales period and are leaving no stone unturned to convert enquiries into bookings

15TH FEBRUARY 2017

 MCHI NEWS

     

BDD chawl redevelopment receives no bids

Publication: MUMBAI MIRROR Date : 15 FEBRUARY 2017 PAGE: 04
Fate of 206 chawls in central and south central Mumbai to be delayed further; deadline extended

 INFRA NEWS

     

In Mumbai: Citizens to be part of MMRCL team to monitor hacking of trees for Metro 3

Publication: HINDUSTAN TIMES Date : 15 FEBRUARY 2017 PAGE: 07
Mumbai Metro Rail Corporation Ltd (MMRCL) has decided to set up a committee, that will include citizens, to monitor the cutting of trees for the SEEPZ-Colaba Metro.

 NAVI MUMBAI NEWS

     

Groundwork for Navi Mumbai airport to take over a year: CIDCO to HC

Publication: HINDUSTAN TIMES Date : 15 FEBRUARY 2017 PAGE: 04
NAVI MUMBAI: The pre-development work for construction of state-of-the-art Greenfield airport at Navi Mumbai will itself take period of more than one year, CIDCO informed the Bombay high court on Tuesday.
     

20% of hillocks on Navi Mum airport site already quarried

Publication: TIMES OF INDIA Date : 15 FEBRUARY 2017 PAGE:10
MUMBAI: While hillock cutting is one of the major tasks for Cidco to level and prepare the land for the Navi Mumbai airport construction, 15%-20% of the hill mass is already gone,
 

CITY NEWS

     

Mumbai startups see 44% decline in funding in one year, reveals data

Publication: TIMES OF INDIA Date : 15 FEBRUARY 2017 PAGE: 09
MUMBAI: Mumbai, which spawned a bunch of high-profile startups like Housing.com and attracted millions of dollars in investor capital over the past few years, registered a 44% decline in funding deals in 2016, even as Pune managed to buck the slowdown.
 

REALTY NEWS

     

Housing Credit: ‘Home loan growth likely to be lower in 16-18 per cent range in FY17’

Publication: THE INDIAN EXPRESS Date : 6 FEBRUARY 2017 PAGE: 01
Even as the government has provided infrastructure status to affordable housing along with other benefits in the Budget 2017-18 to push housing development in the country, ICRA on Tuesday revised its home loan growth target downwards by 2 percentage points from its earlier projection of 18-20 per cent to 16-18 per cent now..
     

Under pressure, realty firms offer easier payment plans, smaller units

Publication: MINT Date : 15 FEBRUARY 2017 PAGE: 06
Bengaluru: Property developers are under pressure from customers to cut home prices or give discounts because of a slump in demand following the government’s shock decision to invalidate high-value banknotes.
     

Realtors remain IPO-shy

Publication: BUSINESS STANDARD Date : 15 FEBRUARY 2017 PAGE: 06
While 26 companies rolled out Initial Public Offerings (IPOs) of shares in the last one year, real estate firms stayed away.
     

Indiabulls' PE unit to raise Rs 1,500 cr through realty fund

Publication: HINDUSTAN TIMES Date : 15 FEBRUARY 2017 PAGE: 04
MUMBAI: Indiabulls Asset Management Company's private equity arm is looking to raise Rs 1,500 crore through its new real estate fund Dual Advantage Commercial Asset fund (DACA), said a top company official.
 

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