INFRA NEWS

Work on Rs 415cr project to extend SCLR begins

Publication: TIMES OF INDIA Date : 21 MARCH 2017 PAGE: 05

Mumbai: Key East-West Connector Will Decongest BKC. The MMRDA has begun work on an important east-west connector, which will significantly reduce traffic congestion near the BKCKalanagar junction and BKCDharavi Link Road.

 CITY NEWS

Despite Make in Maha, mfg slumps, drags down industry growth

Publication: TIMES OF INDIA Date : 21 MARCH 2017 PAGE: 01

Mumbai:   There has been a slump in industrial growth despite the Make in Maharashtra campaign, reveals the state's economic survey for 2016-17.One of the main reasons is the one percentage point decline in manufacturing.

Scam impact: Chief engineer nod must to dig up & repair roads

Publication: TIMES OF INDIA Date : 21 MARCH 2017 PAGE: 01

Mumbai   In order to introduce checks and balances in road works in the wake of the repairs scam, the BMC has decided that only `milling and carpeting' of potholed stretches in the city will be done from now, instead of digging, reconstructing and resurfacing roads.

SoBo luxury tower bldr will return money to few buyers

Publication: TIMES OF INDIA Date : 21 MARCH 2017 PAGE: 05

Mumbai: In a relief to buyers of 10 luxury flats, the builder of the proposed 71-storey Orchid Heights at Jacob Circle, south Mumbai, has agreed to return the money they have paid with “handsome'' returns.

Builders renaming areas may face action

Publication: HINDU Date : 21 MARCH 2017 PAGE: 01

Builders who rename city’s areas to attract buyers, on occasion with false PIN numbers, could face legal action from the State government.

State government proposes to tweak rent act

Publication: THE ASIAN AGE Date : 21 MARCH 2017 PAGE: 02

Mumbai: The state housing department has proposed an increase in the rent for tenants residing in building under the pagdi system by amending the Maharashtra Rent control Act, 1999.

REALTY NEWS

India Property’s Migraine Pill BloombergGadfly

Publication: MINT Date : 21 MARCH 2017 PAGE: 013

(Bloomberg Gadfly) -- India's war against cash has been giving a splitting headache to the country's real estate market, a popular conduit for tax evasion.