INFRA NEWS

State nod for second phase of Pune metro soon, says Maharashtra CM

Publication: ET REALTY Date : 21 DECEMBER 2016  

PUNE: Chief minister Devendra Fadnavis on Monday said the state government would soon give its clearance to the second phase of the metro rail project.

CITY  NEWS

Realty sellers withdraw post ban

Publication: THE TIMES OF INDIA Date : 21 DECEMBER 2016  PAGE NO: 05

MUMBAI: The residential real estate market has taken a hit after the November 8 demonetisation of the Rs 1,000 and Rs 500 notes

HC to decide on what Met will pay BMC for second doppler site

Publication: THE TIMES OF INDIA Date : 21 DECEMBER 2016  PAGE NO: 05

MUMBAI: The Bombay high court on Tuesday said it will decide whether lease rent or some consideration will have to be paid to the BMC for allotting land for the second Doppler weather radar for the city

  REALTY NEWS

‘Developers of new SEZs need security clearance from Home Ministry’

Publication: BUSINESS LINE Date : 21 DECEMBER 2016  PAGE NO: 04

NEW DELHI, DECEMBER 20: Developers of new special economic zones (SEZs) will have to obtain security clearance from the Ministry of Home Affairs, government said

‘Regulatory authority, new accounting norms, GST and Benami Act will affect realty, not demonetisation’

Publication: BUSINESS LINE Date : 21 DECEMBER 2016  PAGE NO: 04

M Murali, Managing Director, Shriram Properties, spoke to BusinessLine on how demonetisation has affected the real estate sector and how the company is shaping its strategies to counter the after-effects. Excerpts:

Realty developers bet on affordable housing to beat note ban blues

Publication: LIVE MINT Date : 21 DECEMBER 2016 

Tata Housing, Shapoorji Pallonji, Mahindra Lifespaces and Wadhwa Group are on course to launch affordable housing projects in early 2017

Reliance Home Finance to raise Rs 3,500 crore through NCDs

Publication: ET REALTY Date : 21 DECEMBER 2016 

MUMBAI: Reliance Home Finance, the mortgage finance arm of the business group controlled by billionaire Anil Ambani, is raising up to Rs 3,500 crore through its first public offer for bonds

Enemy Property ordinance to be promulgated for fifth time

Publication: ET REALTY Date : 21 DECEMBER 2016 

NEW DELHI: Enemy Property Ordinance, which had failed to get Parliamentary nod as a Bill on four occasions, is likely to be promulgated again soon.

India ranks third globally in LEED certified green buildings with 2,386 projects

Publication: ET REALTY Date : 21 DECEMBER 2016 

NEW DELHI: India ranks third in US Green Building Council's annual ranking of the top 10 countries for Leadership in Energy & Environmental Design (LEED) certified buildings..

US help in development of India's smart cities to go on under Donald Trump

Publication: ET REALTY Date : 21 DECEMBER 2016 

India and the US, during President Obama’s term, signed memorandums of understanding to develop three smart cities in Allahabad, Ajmer and Visakhapatnam..