22ND TO 24TH JANUARY 2017

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MCHI-CREDAI

22ND JANUARY 2017

INFRA NEWS

     

First train built under Make In India undergoes trial

Publication: THE ASIAN AGE Date : 22 JANUARY 2017 PAGE: 03
MUMBAI : The electrical equipments of the train have been manufactured by Hyderabad-based Medha Servo Drives.
     

Mishap at Ghatkopar Metro station affects CR services

Publication: MUMBAI MIRROR Date : 22 JANUARY 2017 PAGE: 06
MUMBAI: Aluminium sheets from facade of Ghatkopar Metro Station fall on platforms of local station

 23RD JANUARY 2017

 INFRA NEWS

     

Juhu runway extension impractical as stilts in sea will flood beachfront areas

Publication: TIMES OF INDIA Date : 23 JANUARY 2017 PAGE: 02
MUMBAI: As India's domestic air passenger traffic continues its double-digit growth, the one big question that surrounds Juhu airport is whether it can play a supporting role and take some burden off the lone, congested Mumbai airport?

CITY NEWS

     

BATTLE FOR BMC - Unchecked realty growth leaves this ward crying for better infra

Publication: TIMES OF INDIA Date : 23 JANUARY 2017 PAGE: 04
MUMBAI: Once a quaint suburb, with leafy lanes and old bungalows, M-West ward has slowly turned into an overcrowded urban jungle, with probably the costliest real estate in the eastern suburbs.
     

Versova test track runs into roadblock

Publication: MUMBAI MIRROR Date : 23 JANUARY 2017 PAGE: 08
MUMBAI: An ambitious plan of hav ing a 500-metre-long test track for drivers at Versova has been shot down by the Maharash tra Coastal Zone Management Authority as it falls under the Coastal Regulation Zone.
     

Proposed rail route ups prices in slums

Publication: DNA Date : 23 JANUARY 2017 PAGE: 03
Demand in slums along the proposed elevated rail corridor between Airoli-Kalwa route has shot up soon after the project was cleared in December 2016. Now, a 8 by 10 sq ft room in these slums along the proposed route is being sold at Rs 8 to Rs 10 lakh.
     

PAYMENT FLEXIBILITY PROPOSAL - Redevelopment of MHADA Colonies May Get a Boost

Publication: ECONOMIC TIMES Date : 23 JANUARY 2017 PAGE: 17
MUMBAI: Redevelopment of dilapidated colonies of the Maharashtra Housing and Area Development Authority (MHADA) is expected to get a boost, with the state government's latest draft notification proposing to allow developers pay either a premium or offer housing stock to the authority for projects spread over less than 2,000 sq metres.
     

CONSUMER AS KING - Consumer court can help execute sale deed if builder defaults

Publication: TIMES OF INDIA Date : 23 JANUARY 2017 PAGE: 08
Executing an order is sometimes more difficult than winning the case. Here is a case where the Supreme Court has come to the rescue of an aggrieved consumer.

REALTY NEWS

     

Budget 2017: Here’s what Arun Jaitley can do to boost real estate

Publication: HINDUSTAN TIMES Date : 23 JANUARY 2017 PAGE: 05
MUMBAI: The government’s budget announcements and reform initiatives over the last three years have largely been directed at giving a push to affordable housing, encouraging first-time homebuyers to invest in property and cleansing the sector of black money, issues that were part of its manifesto.
     

Ease of Business Norms Revised for States

Publication: ECONOMIC TIMES Date : 23 JANUARY 2017 PAGE: 17
The Centre has pruned the business reform action plan for states that will require them to sharpen focus on improving licensing and related processes in health, pharma, fertilizer and transport for this year's ease of doing business rankings.

24TH JANUARY 2017 NEWS

REALTY NEWS

     

Tata Realty Buys Durg Bypass Road Project from SMS Infra

Publication: ECONOMIC TIMES Date : 24 JANUARY 2017 PAGE: 18
Tata Realty and Infrastructure, or TRIL, a fullyowned subsidiary of Tata Sons, has purchased the Chattisgarhbased Durg Bypass road project for an enterprise value of `800850 crore, two people with direct knowledge of the development said. This was started in former Tata Sons chairman Cyrus Mistry's tenure, and will see closure in his successor's period..
     

Unchecked realty growth leaves this Mumbai ward crying for better infrastructure

Publication: ET REALTY Date : 24 JANUARY 2017 PAGE: 17
MUMBAI: Once a quaint suburb, with leafy lanes and old bungalows, M-West ward has slowly turned into an overcrowded urban jungle, with probably the costliest real estate in the eastern suburbs.
     

Marvel Realtors raises Rs 150 crore from Piramal Fund Management

Publication: ET REALTY Date : 24 JANUARY 2017 PAGE: 17
MUMBAI: Pune-based Marvel Realtors has raised about Rs 150 crore in a structured deal from Piramal Fund Management, an Ajay Piramal-led group company.

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