DCPR NEWS

Maharashtra govt sanctions Mumbai Development Control and Promotion Regulations 2034; issues corrigendum

Publication: MONEY CONTROL Date : 14 NOVEMBER 2018

The Mumbai Development Plan 2034 seeks to open up 3,700 hectares of land that was earlier designated as no-development zone (NDZ) for construction of residential real estate.

AFFORDABLE HOUSING NEWS

Mumbai: Government relaxes land norms for affordable housing projects

Publication: THE INDIAN EXPRESS Date : 14 NOVEMBER 2018

The shortage of land is especially being felt in urban areas. The state government has planned housing projects in 382 cities and towns.

CITY NEWS

Mumbai: Eye on polls, government slashes construction premiums, doles out more FSI sops

Publication: THE INDIAN EXPRESS Date : 14 NOVEMBER 2018

Making major modifications to Mumbai’s newly approved development control regulations (DCR), the chief minister-led urban development (UD) department rolled out fresh built-up area sops and fiscal concessions to developers.

Bandra parking plaza plan splits citizens

Publication: TIMES OF INDIA Date : 14 NOVEMBER 2018

Mumbai: Citizens continue to remain divided over the underground parking and shopping plaza proposed at Bandra’s Patwardhan Park.

बेघरांच्या घरांसाठी शासकीय जमिनी

Publication: MAHARASHTRA TIMES Date : 14 NOVEMBER 2018

पंतप्रधान नरेंद्र मोदी यांनी सन २०२२पर्यंत सर्वांसाठी घरे देण्यासाठी आखलेल्या धोरणांची प्रभावी अंमलबजावणी करण्यासाठी मुंबई वगळता राज्यातील महापालिका,

मुंबई: बिल्डरों को मिली राहत पहुंचेगी ग्राहकों तक!

Publication: MAHARASHTRA TIMES Date : 14 NOVEMBER 2018

महाराष्ट्र सरकार ने मंदी की मार झेल रहे बिल्डरों को बड़ी राहत दी है। रेजिडेंशल और कर्मशल दोनों तरह के प्रॉजेक्ट में फंजिबिल और प्रीमियम एफएसआई की लागत घटा दी गई है।

REALTY NEWS

Indiabulls Housing Finance Ltd rises for third consecutive session

Publication: BUSINESS STANDARD Date : 14 NOVEMBER 2018

The stock is quoting at Rs 871.1, up 1.04% on the day as on 12:49 IST on the NSE. Indiabulls Housing Finance Ltd is down 27.19%

Sunteck Realty's net profit down 15% y-o-y in Jul-Sep 2018

Publication: ET REALTY Date : 14 NOVEMBER 2018

MUMBAI: Mumbai-based builder Sunteck Realty has reported nearly 15% on-year decline in consolidated net profit at Rs 54.66 crore for the quarter ended September.