20TH JANUARY 2017

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MCHI-CREDAI

INFRA NEWS

     

Milestone for Mum-Nagpur E-way: 40% of land-holders give consent

Publication: TIMES OF INDIA Date : 20 JANUARY 2017 PAGE: 08
MUMBAI: In a significant boost to the state's ambitious Mumbai-Nagpur super-communication highway plan, the MSRDC, its implementing agency , 

 CITY NEWS

     

Sena's promise of tax rebate may deprive BMC of Rs 350cr

Publication: TIMES OF INDIA Date : 20 JANUARY 2017 PAGE: 06
MUMBAI: Sena chief Uddhav Thackeray's election sop to property owners may burn a hole in the BMC's pockets..
     

Civic chief orders probe against BMC officials over `illegal' bldg

Publication: TIMES OF INDIA Date : 20 JANUARY 2017 PAGE: 06
MUMBAI:The municipal commissioner has ordered a departmental inquiry against civic officers for failing to inform a lower court about an illegal building in Memonwada in south Mumbai..
     

Delay in building court may invite contempt: HC

Publication: TIMES OF INDIA Date : 20 JANUARY 2017 PAGE: 10
MUMBAI: Delay in starting the construction of a new court building in Mazgaon or releasing funds for it would invite contempt action, warned the Bombay high court on Thursday .

NAVI MUMBAI NEWS

     

Commerce hub twice BKC's size planned for Navi Mumbai

Publication: TIMES OF INDIA Date : 20 JANUARY 2017 PAGE: 10
NAVI MUMBAI: If all goes according to plan, a proposed commercial hub on 120 hectares in Kharghar will become the metropolitan area's biggest such facility and a revenue grosser for Cidco by way of land sale.

REALTY NEWS

     

Expert Take - Low-cost Housing: What Remains to be Done

Publication: ECONOMIC TIMES Date : 20 JANUARY 2017 PAGE: 11
On December 31, 2016, the entire nation was keenly waiting to hear from the Prime Minster. Among various announcements, there was a specific mention about development of low-cost housing
     

INVESTMENT SCENARIO LIKELY TO IMPROVE - `Realty Reforms Will Drive Demand'

Publication: ECONOMIC TIMES Date : 20 JANUARY 2017 PAGE: 15
Moves related to RERA, REITs, GST, smart cities and demonetisation will bring in the much-needed confidence, say experts
     

Buy second home with first's tax benefits

Publication: DNA Date : 20 JANUARY 2017 PAGE: MONEY
MUMBAI: My client Gopal had just bought a home in Mumbai worth Rs 4.50 crore and had taken a home loan of Rs 3.50 crore to acquire the house.
     

Budget 2017 must be made less taxing for real estate, and infrastructure sectors; here’s why

Publication: FINANCIAL EXPRESS Date : 20 JANUARY 2017 PAGE: 18
Given the scale of capital required, support should come by way of tax incentives and accelerated depreciation
 

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