WET LAND NEWS

In a first, government identifies 320 wetlands in forests across Maharashtra

Publication: HINDUSTAN TIMES Date : 17 FEBRUARY 2017 PAGE: 05

Mumbai In a first for the state, the forest department has identified 320 wetlands in forest areas across 25 districts and developed brief documents detailing the demarcation, protection of wetlands through satellite imagery and submitted them in the court.

 CITY NEWS

Juhu locals reclaim 2-acre green space, will revamp it

Publication: TIMES OF INDIA Date : 17 FEBRUARY 2017 PAGE: 07

MUMBAI: In what may come as a breath of fresh air for a city starved of open spaces, an over two-acre park will soon be thrown open to Juhu residents.

REALTY NEWS

Note-ban effect: Home loan growth likely to be lower at 16-18%, says ICRA

Publication: BUSINESS LINE Date : 17 FEBRUARY 2017 PAGE: 05

Mumbai, February 16: Post-demonetisation, delinquencies in the affordable housing and self-employed segments would increase, given the borrowers’ reliance on cash transactions, credit rating agency ICRA cautioned.

Affordable housing to get better returns now: S Sriniwasan, Kotak Investment Advisors

Publication: ECONOMIC TIMES Date : 17 FEBRUARY 2017 PAGE: 13

The recent reforms in real estate sector through Real Estate Regulatory Act, demonetisation and the Budget proposal to accord infrastructure status to affordable housing is expected to bring the much-needed discipline into the sector.