18TH NOVEMBER 2016

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MCHI-CREDAI

INFRA NEWS

     

Metro man warns of time, cost overrun in Colaba-Seepz project.

Publication: THE TIMES OF INDIA Date : 18 NOVEMBER 2016 PAGE NO: 10
MUMBAI: Metro man E Sreedharan has warned engineers of the Mumbai Metropolitan Region Development Authority (MMRDA) ...

THANE NEWS

     

Demonetisation derails Thane’s resale, rental market

Publication: THE TIMES OF INDIA Date : 18 NOVEMBER 2016 PAGE NO: THANE
THANE: The gloom over the realty sector appears to have intensified following the demonetisation process which has shaken the confidence of consumers in the resale property market. .

CITY NEWS

     

New TDR policy to hit suburban redevelopment in Mumbai, say builders.

Publication: HINDUSTAN TIMES  Date : 18 NOVEMBER 2016 PAGE: 05 
MUMBAI: The new Transfer of Development Rights (TDR) policy linking Floor Space Index (FSI) to the width of the roads will impact the redevelopment projects in the suburbs ‎of Mumbai, say builders.
     

Stuck realtors find no takers for Rs 500, Rs 1,000 currency.

Publication: THE ASIAN AGE Date : 18 NOVEMBER 2016 PAGE: 04 
MUMBAI: It is risky to go ahead with such a deal as various agencies could be tracking it. .
     

Modi’s demonetisation to hit real estate, jewellery sectors hardest

Publication: HINDUSTAN TIMES  Date : 18 NOVEMBER 2016 PAGE: 16 
NEW DELHI : The government’s demonetisation of ₹500 and ₹1,000 currency notes will have a transitory impact on many asset classes such as real estate, jewellery, bonds, etc .
     

BLACK OUT? - Builder duped with Rs 3cr deposit promise

Publication: THE TIMES OF INDIA Date : 18 NOVEMBER 2016 PAGE NO: 02
City police have busted a gang of six, including an assistant police inspector, who tried to dupe a builder under the pretext of depositing old currency notes totalling Rs 3 crore.

  REALTY NEWS

     

Unscrupulous builders slap false charges, intimidate homebuyers.

Publication: HINDUSTAN TIMES Date : 18 NOVEMBER 2016 Page No: 13
 NEW DELHI, Nov. 18 -- When Manoj Chauhan, a resident of Agra, died allegedly in a road accident in 2015,it alarmed six home buyers of a residential real estate project
     

Forget FDs, real estate investments in demonetised era.

Publication: DNA Date : 18 NOVEMBER 2016 Page No: MONEY
 This is because the curb on black money is likely to have an impact on interest rates and on valuations of investments in sectors like real estate.
     

Realty at epicentre.

Publication: FINANCIAL CHRONIC Date:18 NOVEMBER 2016 Page No: 04
Demonetisation hits real estate, housing finance firms; stocks fall 7.5% to 26%
     

PM to crackdown on benami property next: How to clean up real estate.

Publication: BUSINESS CHRONIC Date:18 NOVEMBER 2016 Page No: 11
Investors fear that the demand for residential real estate will slump because a lot of black money was deployed there. 
     

RERA: Property brokers get their acts together to ensure compliance.

Publication: ET REALTY Date: 18 NOVEMBER 2016
The legal teams of brokerage houses will have to be strengthened to meet with the compliance requirements of the new regulator, according to Anuj Puri, chairman and country head, JLL India.
     

Make safer realty investments.

Publication: ET REALTY Date: 18 NOVEMBER 2016
Property prices and in-depth information of each city is like fodder to grow returns in the realty sphere.
     

Builders liable to face consequences for air pollution: NGT.

Publication: ET REALTY Date: 18 NOVEMBER 2016
NGT said that it is builders and not the construction workers who will have to face "consequences" for polluting ambient air quality in Delhi.
     

Govt approves scheme to construct 1 crore houses in 3 years.

Publication: ET REALTY Date: 18 NOVEMBER 2016
The scheme envisages construction of one crore house in three years from 2016-17 to 2018-19, he said.
     

100% penalty and interest waiver for Delhi's property tax payers.

Publication: ET REALTY Date: 18 NOVEMBER 2016
Leaders in the opposition say the amnesty scheme is designed for political gains.
     

Donald Trump’s firm signs deal for Kolkata real estate project.

Publication: LIVE MINT Date: 18 NOVEMBER 2016
Trump Organization plans to tap opportunities in office real estate across large cities in India.
 

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