MCHI NEWS |
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Publication: DNA Date : 20 AUGUST 2019
DNA, brings to its readers expert’s take, where experts from a variety of fields take questions and give ready answers to issues close to citizen’s heart. Our experts will take your questions and offer their expertise. Today we bring to you our expert’s take on consumer issues. |
CITY NEWS |
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Publication: HINDUSTAN TIMES Date : 20 AUGUST 2019
Salt pans spread over 1,781 acres (721 hectares) in Mumbai are set to be opened up for development. The land, whose current market value will be around ₹53,000 crore, is almost twice the size of Mumbai’s prime commercial hub, Bandra-Kurla Complex (BKC), which is spread over 914 acres. |
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Publication: HINDUSTAN TIMES Date : 20 AUGUST 2019
In a boost to the realty sector ahead of the elections, the Maharashtra government on Monday reduced the premium amount to be paid by builders for floor space index (FSI) for all residential and commercial projects in Mumbai for two years. The move is expected to translate into a dip in prices for the buyer. |
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Publication: DNA Date : 20 AUGUST 2019
ANAROCK Property Consultants in its report said that out of the total 280 projects launched in the April-June quarter of 2019, only about 23 projects (8%) were marketed under subvention schemes. |
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Publication: DNA Date : 20 AUGUST 2019
Two proposals related to cessed and non-cessed buildings will be up for discussion in the house of Brihanmumbai Municipal Corporation (BMC) by this month end. While in one of the proposals, it wants a special cell to be commissioned by the BMC for obtaining all information at single place regarding construction, repairs current, state, etc for cessed and non cessed buildings and even chawls. |
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Publication: ET REALTY Date : 20 AUGUST 2019
TMUMBAI: The state government, in a major relief to the real estate industry, has decided to reduce premiums on fungible FSI, a long-standing demand of the industry facing rising costs and a slump in demand. |
REALTY NEWS |
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Publication: THE INDIAN EXPRESS Date : 20 AUGUST 2019
If building industry giants and housing experts are on point, the raft of measures unveiled by the state government to revive the real estate industry will bring down the overall cost of construction of buildings in the country’s high rise capital by 20 per cent. |
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Publication: BUSINESS LINE Date : 20 AUGUST 2019
With about a dozen banks recently announcing plans to link their lending rates to the repo rate, the Reserve Bank of India (RBI) now wants the entire banking system to move faster on this front to ensure better transmission of repo rate changes to lending rates. |
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Publication: MINT Date : 20 AUGUST 2019
Currently, banks price their loans based on their marginal cost of funds-based lending rate (MCLR)
In December, RBI said that banks must set their interest rates for new loans against an external benchmark beginning 1 April |
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Publication: MINT Date : 20 AUGUST 2019
Housing is a better investment choice than equities even though house prices are susceptible to credit cycles, a database of asset returns since 1870 suggests |
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Publication: ET REALTY Date : 20 AUGUST 2019
NEW DELHI: Environmental clearance for real estate projects will soon be reduced to 60 days, Union Environment and Forests Minister Prakash Javadekar said on Monday.
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Publication: ET REALTY Date : 20 AUGUST 2019
Cholamandalam Investment & Finance Co., an Indian financier for vehicles, is persisting with its plan to set up a mortgage-finance unit undeterred by a credit crunch that’s roiling shadow banks in the nation. |
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