01ST&02ND DECEMBER 2017

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MCHI-CREDAI

01ST DECEMBER 2017 NEWS

GDP NEWS

     

Eco nomy shakes off GST, DeMon impact, up 6.3%

Publication: TIMES OF INDIA Date : 01 DECEMBER 2017
NewDelhi:India’s growth staged a recovery in the September quarter as the economy emerged from the shadows of the impact of demonetisation and rollout issues linked to the Goods & Services Tax (GST),
     

India Story rebounds as GDP grows to 6.3%

Publication: DNA Date : 01 DECEMBER 2017
As widely anticipated, India's economy has reported a 6.3% growth for the second quarter (July-September) of the current fiscal, much higher than 5.7%, a three-year low, reported during the first quarter (April-June).

PMAY NEWS

     

Pradhan Mantri Awas Yojana Urban: Good news, Centre clears construction of 112,083 affordable houses

Publication: FINANCIAL EXPRESS Date : 01 DECEMBER 2017
India today is a substantially easier place to do business than it was a year ago, the World Bank's Doing Business 2018 report said on Tuesday .
     

HT Leadership Summit: Narendra Modi signals use of Aadhaar to track benami properties

Publication: MINT Date : 01 DECEMBER 2017
New Delhi: Prime Minister Narendra Modi on Thursday warned tax evaders that the government will broaden the scope of Aadhaar, the 12-digit unique
     

Aadhaar to track benami property: PM Modi

Publication: DNA Date : 01 DECEMBER 2017
Saying that he was ready to pay a political price for fighting corruption as part of his government's efforts to change the "broken system" of the past 70 years, Prime Minister Narendra Modi Thursday asserted that there was a visible behaviour change in the country.

CITY NEWS

     

Mumbai Metropolitan Region sees highest number of low-cost housing launches in India

Publication: HINDUSTAN TIMES Date : 01 DECEMBER 2017
Affordable housing seems to be the new mantra for a turnaround in the real estate sector in the Mumbai Metropolitan Region (MMR).

REALTY NEWS

     

Credit ratings, GST and the ease of doing business

Publication: MINT Date : 01 DECEMBER 2017
Any value-added tax system can yield advantages only if there is certainty of getting tax credits. Only then can businesses price their product taking inputs at cost exclusive of tax paid

02ND DECEMBER 2017 NEWS

AFFORDABLE HOUSING NEWS

     

Affordable housing continues to see strong demand: Liases Foras report

Publication: BUSINESS LINE Date : 02 DECEMBER 2017
MUMBAI, DECEMBER 1: Affordable housing continues to be much in demand accounting for 19 per cent of the overall sales in Q2 compared to 17 per cent in the previous quarter,

CITY NEWS

     

Fire-resistant evacuation lifts to be a must for new buildings

Publication: TIMES OF INDIA Date : 02 DECEMBER 2017
Mumbai: The BMC has come up with a policy that shall make fire-resistant evacuation lifts compulsory for buildings above 70 metres (22 floors). These lifts are to be used for fire-fighting and rescue operations by firemen.
     

New proposal to ease residents’ shift from old buildings

Publication: DNA Date : 02 DECEMBER 2017
Residents of old, dilapidated buildings in the city may see some succour in terms of moving to transit accommodation.
     

Railway buys buy private land for Currey Road overbridge

Publication: HINDUSTAN TIMES  Date : 02 DECEMBER 2017
Officials believe that this will speed up the construction work after teething trouble the landing of the FOB and its design. The construction is likely to begin from next week.

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