CREDAI NEWS

CREDAI to focus on skill training

Publication: TIMES OF INDIA Date : 01 APRIL 2019

Pune: Satish Magar, the newly-appointed president of the Confederation of Real Estate Developers’ Association of India (CREDAI), has mapped out several initiatives for the next few years.

HIGH COURT NEWS

If plot is sold via court, govt can’t reassess property value

Publication: TIMES OF INDIA Date : 01 APRIL 2019

Mumbai: When there is sale of property by a court, stamp duty must be computed on fair valuation obtained by the court, if it is sold at or below the valuation.

CITY NEWS

RBI may cut rate on April 4

Publication: TIMES OF INDIA Date : 01 APRIL 2019

Mumbai: Slowdown in growth impulses is expected to drive the Reserve Bank of India’s monetary policy committee to cut interest rates in its maiden policy for FY20 on April 4.

REALTY NEWS

Vijaya and Dena make BoB 2nd largest PSB

Publication: TIMES OF INDIA Date : 01 APRIL 2019

Mumbai: With Dena and Vijaya banks merging into Bank of Baroda (BoB) from April 1, the state-owned institution has consolidated its position as the second-largest public sector lender on all fronts after SBI. The bank now has a balance sheet of over Rs 15 lakh crore, 9,500 branches and 13,400 ATMs.

PE investments in commercial real estate rise

Publication: TIMES OF INDIA Date : 01 APRIL 2019

The commercial segment of real estate attracted most private equity (PE) investments during 2018.