MCHI NEWS

'No need for bodies like Cidco to register plots with MahaRera'

Publication: DNA Date : 21 JUNE 2019

The apex body of developers in the state, CREDAI-MCHI had filed a complaint against City and Industrial Development Corporation (Cidco) with MahaRera.

CITY NEWS

Metro-6 in Mumbai to be at a height of 38m above ground

Publication: HINDUSTAN TIMES Date : 21 JUNE 2019

A part of the upcoming Metro-6 corridor (Swami Samarth Nagar-Vikhroli) will be constructed 38m — the height of a 12-storey building — above three stretches at the Gandhinagar junction in Kanjurmarg.

To boost infra & growth, state expands MMR by 2,000 sq km

Publication: TIMES OF INDIA Date : 21 JUNE 2019

Mumbai: The state legislature and council approved a proposal on Thursday to extend the jurisdiction of the Mumbai Metropolitan Region (MMR) to cover portions of Palghar Vasai, Pen, Kalyan, Bhiwandi, Khalapur and Alibaug.

REALTY NEWS

Modi govt to expand DBT, ease GST and up farm investment: President Kovind

Publication: FINANCIAL EXPRESS Date : 21 JUNE 2019

Industry 4.0 (the new industrial policy) — which is aimed at creating jobs and attracting $100 billion of FDI annually (against a record $60 billion in FY18) — will be launched soon.

Construction cost to come down? Here’s how Orissa HC ruling can help realtors

Publication: FINANCIAL EXPRESS Date : 21 JUNE 2019

The goods and services tax (GST) regime has been hailed as a panacea to many afflictions plaguing the erstwhile indirect taxation regime

Auto, realty companies may not get relief at GST Council meet today

Publication: BUSINESS STANDARD Date : 21 JUNE 2019

The Goods and Services Tax (GST) Council is unlikely to reduce tax on cement and automobile parts from the peak rate of 28 per cent in its meeting on Friday despite intense lobbying by the industry.

Weakening growth a worry, said RBI guv while backing rate cut

Publication: TIMES OF INDIA Date : 21 JUNE 2019

Mumbai: Reserve Bank of India (RBI) governor Shaktikanta Das had raised concerns over growth impulses that had clearly weakened and called for decisive monetary policy action before voting for a rate cut earlier this month.