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BMC got no building proposal in last 1 month

Publication: DNA Date : 20 OCTOBER 2018
Even a month after Supreme Court’s extended sty on construction ban for a month the Brihanmumbai Municipal Corporation (BMC)




NDA built 12.5 million homes for poor in four years, says PM Narendra Modi

Publication: HINDUSTAN TIMES Date : 20 OCTOBER 2018
The average time for constructing a house under PMAY too has come down from 18 months under the UPA rule to less than a year now, according to PM Modi.

For 12.5 million houses that NDA made in 4 yrs, UPA would need 20 yrs: Modi

Publication: BUSINESS STANDARD Date : 20 OCTOBER 2018
Prime Minister Narendra Modi on Friday attacked the previous UPA government for not building sufficient homes for the poor.



MMRDA to form agency to maintain metro corridors

Publication: THE ASIAN AGE Date : 20 OCTOBER 2018
Mumbai: The Mumbai Metropolitan Region Development Authority (MMRDA) plans to form its own agency to operate and maintain upcoming metro corridors, by next year.



City’s air quality improves after 2 days of showers

Publication: TIMES OF INDIA Date : 20 OCTOBER 2018
Mumbai: After a few showers in the city on Wednesday and Thursday, Mumbai’s air quality improved and returned to the “good category” on Friday.

First raze and then build: BMC to spend ₹2cr on Linking Rd median

Publication: TIMES OF INDIA Date : 20 OCTOBER 2018
Mumbai: A proposal to construct a median along Linking Road in the western suburbs at a cost of Rs 1.83 crore drew criticism from corporators at BMC’s standing committee meeting on Friday.



Debt refinancing deals slow down in real estate sector

Publication: ECONOMIC TIMES Date : 20 OCTOBER 2018
Lenders, particularly non-banking finance companies (NBFCs), are no longer keen to refinance debt of real estate developers, thanks to a liquidity pressure and increasing caution.

RBI eases norms for banks to lend more to NBFCs, housing finance companies

Publication: BUSINESS STANDARD Date : 20 OCTOBER 2018
In a bid to increase liquidity for cash-strapped non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) on Friday announced regulatory relaxations,

‘We expect the first REIT to be listed by the end of FY19’

Publication: BUSINESS LINE Date : 20 OCTOBER 2018
BENGALURU, OCTOBER 19 Well-managed Real Estate Investment Trusts (REITs) can give returns of 10-12 per cent to investors, which is higher than fixed debt returns from fixed deposits (FDs),


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