22ND AUGUST 2017

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MCHI-CREDAI

CITY NEWS

     

Bandra highrise sealed as builder fails to pay BMC Rs 5cr property tax

Publication: TIMES OF INDIA Date : 22 AUGUST 2017
Mumbai: The BMC has sealed a controversial highrise project of Pyramid Developers at Bandra Reclamation for its failure to pay around Rs 5 crore property tax.
     

Major realty projects to get environment nod in Mumbai

Publication: THE INDIAN EXPRESS Date : 22 AUGUST 2017
Major real estate projects in Mumbai will now get environment clearance (EC) in Mumbai itself. The newly set up environment cell of the BMC will grant EC to real estate projects admeasuring 20,000 square metre to 1,50,000 square metres
     

Micro-markets boom as Chembur, Powai, Thane bridge gaps with the rest of MMR

Publication: HINDUSTAN TIMES Date : 22 AUGUST 2017
One of the hallmarks of Mumbai’s real-estate market is the way it keeps growing, enveloping areas further and further away as its fringes continue to expand.

REALTY NEWS

     

Realty Wakes Up From a Slumber, Hints at Revival

Publication: ECONOMIC TIMES Date : 22 AUGUST 2017
Mumbai: BUILDING GROWTH Residential sales, led by affordable housing, have gathered pace and have shaken off the woes of demonetisation
     

Over 2 lakh houses remain unsold in MMR: Mkt report

Publication: DNA Date : 22 AUGUST 2017
Unsold stock of the housing units has increased by 11 per cent in the Mumbai Metropolitan Region (MMR) and 10 per cent in Greater Mumbai this year so far, according to a quarterly research report on the city's real estate.
     

From FY2017-18, there is a Rs2 lakh cap on set-off of losses from house property

Publication: MINT Date : 22 AUGUST 2017
I took a home loan in 2010 to buy a house. The same has been repaid. Now, I want to take another home loan. Will I get tax exemptions?
     

Jaypee insolvency: file your claim now

Publication: MINT Date : 22 AUGUST 2017
When the case under the Insolvency and Bankruptcy Code, 2016, a corporate insolvency resolution process (CIRP) was initiated against Jaypee Infratech Ltd by National Company Law Tribunal (NCLT)

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