1ST MARCH 2017

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MCHI-CREDAI

 DEMONETISATION NEWS

     

GDP grows 7% in Q3 despite notes ban

Publication: DNA Date : 01 MARCH 2017 PAGE: 01
Mumbai: The Indian economy shrugged off demonetization blues in the third quarter of financial year 2016-17 to register a healthy 7 per cent GDP growth rate, albeit lower than the 7.4 per cent in the previous quarter.

 INFRA NEWS

     

MMRC says Kalina not feasible for Metro car shed, it’s back to Aarey

Publication: HINDUSTAN TIMES Date : 01 MARCH 2017 PAGE: 04
Ahead of the Mumbai civic polls, chief minister Devendra Fadnavis had directed the Mumbai Metro Rail Corporation (MMRC) to explore a plot at Kalina as an option for car depot of Metro-3 corridor.

 OTHER CITY NEWS

     

Navi Mum realty soars as airport project takes wing

Publication: TIMES OF INDIA Date : 01 MARCH 2017 PAGE: 07
The finalization of bid for the Rs 16,000-crore Navi Mumbai airport project has led to an increase in enquiries about properties in the vicinity and house registrations in parts of the city.

 CITY NEWS

     

Realty relief for Mumbai builders: Centre’s 60-day deadline to approve projects

Publication: HINDUSTAN TIMES Date : 01 MARCH 2017 PAGE: 04
The Central government’s proposal to approve construction proposals within 60 days is set to give a huge relief to the real estate sector that has been battling a slowdown.
 

REALTY NEWS

     

Real-estate firms open the door to technology start-ups

Publication: BUSINESS LINE Date : 01 MARCH 2017 PAGE: 04
BENGALURU, FEBRUARY 28: Real estate companies are starting to seek the help of technology start-ups in a bid to save costs as they face meek to zero interest in projects due to demonetisation.
     

Building on the middle-class dream

Publication: BUSINESS LINE Date : 01 MARCH 2017 PAGE: 04
In the concluding part of a two-part series, Business Standard looks at how the govt is expected to offer sops to raise demand and supply of affordable housing after the elections To create traction in the ‘Housing for All’ scheme, the government is expected to announce sops for middle-income groups to avail housing loans.
 

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