RERA NEWS

State's draft rules on realty favour developers: Activists

Publication: TIMES OF INDIA Date : 14 DECEMBER 2016 PAGE: 01

MUMBAI: A builder can terminate a flat purchase agreement by giving just a week's notice on email to the buyer who defaults on an installment

 NATIONAL NEWS

Centre relaxes green clearance for housing

Publication: TIMES OF INDIA Date : 14 DECEMBER 2016 PAGE: 01

MUMBAI: The Centre has allowed small housing projects -5,000 sq metres to less than 20,000 sq m--to meet environment norms through `self declaration', in a bid to simplify the green clearance process for the construction sector, reports Vishwa Mohan.

CONTI...

INFRA NEWS

Major Port Authorities Act, 2016: Cabinet clears Bill to raise autonomy of 12 major ports

Publication: THE INDIAN EXPRESS Date : 15 DECEMBER 2016  PAGE NO: 18

MUMBAI: The Bill proposes to simplify the composition of the port boards: These will comprise 11 members from the present 17 to 19 members representing various interests.

 Metro III car shed: The beginning of the end of Aarey in Mumbai?

Publication: HINDUSTAN TIMES Date : 15 DECEMBER 2016  PAGE NO: 06

MUMBAI: In the corridors of the Union Ministry of Environment, Forests and Climate Change in Delhi, a decision was quietly reached at last week that will greatly impact Mumbai’s environmental future.

CITY  NEWS

Second FIR filed against Kapil, police to probe bribery angle

Publication: THE TIMES OF INDIA Date : 15 DECEMBER 2016  PAGE NO: 04

MUMBAI: The Versova police on Wednesday registered a second First Information Report (FIR) against comedian and actor Kapil Sharma for allegedly

In a first, 2 BMC engineers booked for destroying mangroves in Mumbai

Publication: HINDUSTAN TIMES Date : 15 DECEMBER 2016  PAGE NO: 03

MUMBAI: The Mumbai Mangrove Conservation Unit filed a first information report (FIR) against four people, including BMC engineers, last week for allegedly destroying mangroves

  REALTY NEWS

Realty Queries - Investments for Rental Returns don't Make Sense

Publication: ECONOMIC TIMES Date : 15 DECEMBER 2016 PAGE NO.: 09

 Will there be any price correction in the real estate sector due to demonetisation? If yes, how much?  

A new era in affordable housing

Publication: ECONOMIC TIMES Date : 14 DECEMBER 2016 PAGE NO.: 10

 At a time when the majority of the real estate and infrastructure industry is engaged in building luxury homes and commercial spaces with international designs and exclusive amenities, Mumbai-based EMGEE Group

ECL Finance invests Rs300 crore in realty firm Rohan Lifescapes

Publication: LIVE MINT Date : 15 DECEMBER 2016 PAGE NO.: 03

 The debt transaction is structured in such a way that ECL Finance has taken control of a part of the inventory in four south Mumbai projects of Rohan Lifescapes

The bubble in China’s real-estate market

Publication: LIVE MINT Date : 15 DECEMBER 2016 PAGE NO.: 03

 Land tends to be highly leveraged, and asset prices crashes that involve lots of debt tend to be devastating for growth

Note ban may help realtors get higher valuations for rental arms

Publication: BUSINESS STANDARD Date : 15 DECEMBER 2016 PAGE NO.: 02

 DLF promoters selling 40% stake in the company's office rental arm and are in advanced talks with Blackstone and GIC

Hotspot: Waghbil, Thane Suitable for mid-income homebuyers

Publication: BUSINESS STANDARD Date : 15 DECEMBER 2016 PAGE NO.: 17

 Waghbil, near Thane’s Ghodbunder road, was once an underdeveloped town with narrow roads and low-rise residential developments.