15TH JUNE 2017

If you cannot read this email, please click here




Paying Rs 50k rent? Better cut 5% TDS

Publication: TIMES OF INDIA Date : 15 JUNE 2017
Mumbai:   Fin Act, 2017 Brings New Rule From Jun 1 From June 1, individuals who pay a rent of over Rs 50,000 per month are required to deduct tax at source at 5%.



PEs, NBFCs Spot a Goldmine in Affordable Housing Now

Publication: ECONOMIC TIMES Date : 15 JUNE 2017
Mumbai | Bengaluru:   Lured by infra status & expected good demand, a few have already made investments



MMRDA plans to use drones to monitor illegal constructions

Publication: THE INDIAN EXPRESS Date : 15 JUNE 2017
Attached with 360-degree cameras, this technology will help the MMRDA to identify any encroachment or unauthorised construction that comes up in future



Lessons from London tragedy: Dotted with tall buildings, Delhi-NCR is not fire-safe

Publication: HINDUSTAN TIMES Date : 15 JUNE 2017
Besides the poor enforcement of safety and building bylaws, the fire departments lack latest technologies




REITs: Will they be attractive enough?

Publication: MINT Date : 15 JUNE 2017
The markets have given a warm reception to InvITs and a spate of InvITs are in the pipeline, the fate of REITs remains to be seen

Brokerages welcome RBI bankruptcy proceedings against defaulters, flag challenges

Publication: MINT Date : 15 JUNE 2017
Higher provisions against these large bad loans and a still evolving Insolvency and Bankruptcy Code emerge key challenges for banks after the RBI move

Pvt Players to Boost Govt's Housing Scheme

Publication: ECONOMIC TIMES Date : 15 JUNE 2017
New Delhi:   The central government has paved the way for private players to provide low-cost housing in the country .

Realty Queries - Not the Time to Buy a House for Investment

Publication: ECONOMIC TIMES Date : 15 JUNE 2017
How different should my approach be and what are the parameters to keep in mind while identifying an apartment for self-use versus for investment purpose?


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