20 NOVEMBER 2016 NEWS

Probe cases on builders in 90 days, says Bombay High Court

Publication: THE ASIAN AGE Date : 21 NOVEMBER 2016 PAGE NO: 04

Mumbai: If the police officer investigating any case against a builder fails to finish the investigation within 90 days and files the chargesheet, he will be answerable to the commissioner of police directly

Succession planning: Nominee has right to property

Publication: BUSINESS STANDARD Date : 20 NOVEMBER 2016 PAGE NO: 04

A Supreme Court judgement says that a cooperative society cannot challenge the transfer of property to the nominee, if she is a relative of the deceased

21ST NOVEMBER 2016 NEWS

MCHI NEWS

New TDR policy will stall redevelopment of 50,000 Mumbai bldgs.

Publication: MUMBAI MIRROR Date : 21 NOVEMBER 2016 PAGE: 11 

City's builders feel a new rule will result in reduced floor areas for their projects; won't be able to give bigger flats to original residents, they say. .

Mumbai builders may get more FSI.

Publication: BUSINESS LINE Date : 21 NOVEMBER 2016 PAGE: 04 

MUMBAI, NOVEMBER 20: The Maharashtra government is looking to link the height of the buildings to the width of the roads. For builders, it may mean more FSI. .

Price correction in realty market not a possibility: Ajay Ashar, president, MCHI (Thane).

Publication: ET REALTY Date : 21 NOVEMBER 2016 PAGE: 04 

Citizens are so perplexed as they cannot even acquire sufficient money to buy basic amenities like food, let alone making big decisions like buying homes.. .

NATIONAL NEWS

PM unveils rural housing scheme

Publication: BUSINESS LINE Date : 21 NOVEMBER 2016 PAGE NO: 01

AGRA, NOVEMBER 20: Prime Minister Narendra Modi on Sunday formally launched a rural housing scheme, whereby the Centre proposes to provide an environmentally-safe and secure pucca house to every rural household by 2022.

PM Modi promises cheaper bank loans soon

Publication: BUSINESS STANDARD Date : 21 NOVEMBER 2016 PAGE NO: 01

MUMBAI: Prime Minister Narendra Modi on Sunday claimed banks had received deposits worth Rs 5 lakh crore since he announced the demonetisation scheme on November 8, and would soon give loans at cheaper interest rates.

CITY NEWS

Court orders FIR against `arm-twisting' builder.

Publication: MUMBAI MIRROR   Date : 21 NOVEMBER 2016 PAGE NO: 05   

Senior citizens of Byculla's Valencia Heights allege builder blackmailing them for NOC to build four extra `illegal' floors.

Top businessman charged with fraud in Mumbai land case.

Publication: INDIAN EXPRESS Date : 21 NOVEMBER 2016  

Family to approach court for anticipatory bail in the matter

Realtors bank on Metro to sell homes in Aarey

Publication: THE ASIAN AGE   Date : 21 NOVEMBER 2016 PAGE: 03  

NEW The state government has made it clear that a Metro car depot and station would come up in the colony.

  REALTY NEWS

For NBFCs & HFCs, that Sinking Feeling

Publication: ECONOMIC TIMES Date : 21 NOVEMBER 2016 PAGE NO: 02

FIGHT AGAINST BLACK MONEY IS BAD NEWS FOR REAL ESTATE..

CONTI...

Opinion divided over impact of demonetisation on real estate prices

Publication: LIVE MINT Date : 21 NOVEMBER 2016 Page No: 06

 Many advisers predict realty prices could fall as much as 30% in the next 3-6 months, developers say there is no room for price cuts