18TH JUNE 2019

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MCHI-CREDAI

MMRDA NEWS

     

Work on track: MMRDA starts laying rail lines for Metro 2A, 7

Publication: HINDUSTAN TIMES Date : 18 JUNE 2019
The Mumbai Metropolitan Region Development Authority (MMRDA) on Monday said that track-laying for two Metro lines – Metro-2A (Dahisar-DN Nagar) and Metro-7
     

Mumbai: Civil work on 2 Metro lines to end by November

Publication: THE INDIAN EXPRESS Date : 18 JUNE 2019
The Mumbai Metropolitan Region Development Authority (MMRDA) on Sunday began laying tracks on the elevated corridor of Metro line 7 that will connect Andheri (E) to Dahisar (E).

CITY NEWS

     

Mumbaikar files plea supporting Coastal Road

Publication: THE ASIAN AGE Date : 18 JUNE 2019
Mumbai: A denizen of Mumbai has filed an intervention application in the Bombay high court to support the Coastal Road project. According to the application, the Coastal Road is needed to solve the traffic issues.
     

Bombay HC begins final hearing on pleas opposing coastal road project

Publication: THE INDIAN EXPRESS Date : 18 JUNE 2019
While the construction on the first leg of the project from Princess Street to Worli has already begun, the petitioners have opposed the project contending that the permissions it has proceeded on are not enough.

REALTY NEWS

     

Jury out on RBI role in financial stability, says Das

Publication: TIMES OF INDIA Date : 18 JUNE 2019
Mumbai: Reserve Bank of India governor Shaktikanta Das on Monday said that the jury is still out on whether financial stability should be added as an explicit objective of monetary policy.
     

Realty lenders stare at bailouts, deep haircuts amid liquidity crisis

Publication: MINT Date : 18 JUNE 2019
Serial defaults by IL&FS Ltd group in September triggered a liquidity crisis, making it difficult for NBFCs to raise money In Bengaluru, a 10-acre land parcel on Bellary Road
     

India’s commercial realty raked in $2.6 billion cross border investments in Q1 OF 2019

Publication: THE FINANCIAL EXPRESS Date : 18 JUNE 2019
In its latest report Knight Frank said India’s outbound capital in commercial real estate stood at $0.7 billion in the 12 months to the January-March quarter of 2019, with the UK,

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