22ND & 26TH JULY 2018

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MCHI-CREDAI

23RD JULY 2018 NEWS

INFRA NEWS

     

ACC India moves Bombay HC against Tata-Capacite Infra over BDD chawl redevelopment bid

Publication: ET REALTY Date : 23 JULY 2018
MUMBAI: One of Mumbai’s biggest redevelopment projects aimed at rehabilitating thousands of families from the nearly century-old BDD chawls in central Mumbai,
     

SRA to curb dual allotments

Publication: THE ASIAN AGE Date : 23 JULY 2018
Mumbai: The Bombay high court has asked the Slum Rehabilitation Authority (SRA) to verify whether slum dwellers took dual benefit of various rehabilitation schemes.

CITY NEWS

     

Realty firms tap AI, big data to push sales

Publication: LIVE MINT Date : 23 JULY 2018
Developers deploy new-age tech to widen customer base, reduce marketing spend, fast-track sales turnaround in a subdued market

24TH JULY 2018 NEWS

CITY NEWS

     

Ruparel to develop 7,500 affordable flats in Mumbai by 2022

Publication: BUSINESS LINE Date : 24 JULY 2018
Ruparel Realty, leading Mumbai-based real estate developer, will provide 7,500 affordable flats to the citizens of megapolis by 2022.

REALTY NEWS

     

Non-residents’ real estate deals under TDS lens

Publication: TIMES OF INDIA Date : 24 JULY 2018
Mumbai: Income tax (I-T) officials will intensify their focus on tax deducted at source (TDS) in the coming months, especially in relation to sale of property by non-residents and other international transactions.
     

Registered sale agreement must to seek interest on home delays

Publication: ET REALTY Date : 24 JULY 2018
The ruling is significant as many home buyers, particularly investors, still continue to rely on letter of allotment even after making a significant payment to the developer
     

Piramal Capital and Housing Finance invests Rs 650 crore in SAMHI Hotels

Publication: ET REALTY Date : 24 JULY 2018
Prior to this, PCHFL had invested Rs 600 crore in Gurgaon based Vatika Group for their Westin Gurgaon and the Westin Sohna properties and Rs 600 crore
     

Buying houses to get dearer as Maharashtra govt decides to levy 1% surcharge on stamp duty

Publication: HINDUSTAN TIMES Date : 24 JULY 2018
Builders condemn hike, say it will increase cost of transactions of realty deals.

25TH JULY 2018 NEWS

MCHI NEWS

     

Metro made your dream house costlier

Publication: MUMBAI MIRROR Date : 15 JULY 2018
Govt clears 1% stamp duty surcharge on properties to pay for premium urban transport projects in Mumbai.

REALTY NEWS

     

GST takes sheen off under-construction properties

Publication: BUSINESS LINE Date : 25 JULY 2018
MUMBAI, JULY 23 Goods and Service Tax (GST) has pulled down sales of under-construction properties by 30 per cent since the new tax regime was implemented last July.
     

SEZ Rules to be amended to sync them with GST laws

Publication: BUSINESS LINE Date : 25 JULY 2018
NEW DELHI, JULY 24 The Centre will come out with amendments to Special Economic Zones (SEZ) Rules, to synchronise them with the Goods and Services Tax (GST) laws by end of this month, a senior government official has said.
     

KKR to invest Rs 1,800 crore in Mumbai's three realty projects

Publication: E T REALTY Date : 25 JULY 2018
KKR will lend around Rs750 crore each to a newly launched commercial office project of Lodha Developers in Central Mumbai and an upmarket residential project of Shapoorji Pallonji in South Mumbai

26TH JULY 2018 NEWS

REALTY NEWS

     

Real estate prices dip 9%: report

Publication: THE HINDU Date : 26 JULY 2018
New residential projects have made a comeback in Mumbai in the January-June period, and despite a 9% decline in real estate prices, sales remained stagnant, Knight Frank India said in its half-yearly report.
     

Indiabulls Housing Finance Ltd spurts 4.31%

Publication: BUSINESS STANDARD Date : 26 JULY 2018
The stock is quoting at Rs 1312.4, up 4.31% on the day as on 12:49 IST on the NSE.
     

Homes sales stagnant despite fall in prices

Publication: LIVE MINT Date : 26 JULY 2018
Mumbai: Falling prices and a flurry of launches failed to lift home sales in India’s top eight property markets in the first six months of the year, real estate advisory firm Knight Frank India Ltd said.

27TH JULY 2018 NEWS

CITY NEWS

     

MMRDA asks for suggestions from BKC offices over traffic decongestion

Publication: DNA Date : 27 JULY 2018
In order to ease traffic movement in Bandra-Kurla Complex (BKC), Mumbai Metropolitan Region Development Authority (MMRDA) has asked offices in BKC to give suggestions
     

Bandra Kurla Complex: Work on projects to start, MMRDA asks offices to stagger timings

Publication: THE INDIAN EXPRESS Date : 27 JULY 2018
The Mumbai Metropolitan Region Development Authority (MMRDA) has once again asked offices in the business district to stagger their work timings to avoid traffic gridlocks.
     

Navi Mumbai International Airport: Have to wait till end of monsoon for rest of families to shift, says CIDCO

Publication: THE INDIAN EXPRESS Date : 27 JULY 2018
According to the norms of the rehabilitation policy in this case, the families have to pull down their houses and sign an agreement, thereby making them entitled to receive compensation.

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