INFRA NEWS

Soon, bus feeder from Marol Metro stn to T2

Publication: THE TIMES OF INDIA Date : 22 DECEMBER 2016  PAGE NO: 06

MUMBAI:In yet another initiative to ensure last-mile connectivity, the Mumbai Metro and BEST have planned to start two important bus feeder routes, one of them linking Marol Metro station to T2 international airport

Uttan-Gorai-Manori: MMRDA has plan for villages, but locals can’t read it, says activist

Publication: THE INDIAN EXPRESS Date : 22 DECEMBER 2016  PAGE NO: 05

MUMBAI: “The time to raise objections is only until mid-January. Yet the authorities have not come to discuss it with the villagers," said Chandrashekhar Prabhu

Petition says UDD wrongly stayed MMRDA notice

Publication: THE ASIAN AGE Date : 22 DECEMBER 2016  PAGE NO: 02

MUMBAI: Social activist Praveen Wategaonkar has filed a petition in Bombay high court alleging that the Urban Development Department (UDD) 

MMRDA to tap Metro car depots to generate revenue

Publication: HINDUSTAN TIMES Date : 22 DECEMBER 2016 PAGE NO: 05

MUMBAI: In a bid to generate non-fare revenue from its Metro rail projects, the Mumbai Metropolitan Region Development Authority (MMRDA) is planning to tap Metro car depots. 

Pace of metro-rail construction will double over the next five years: J Kumar Infra MD

Publication: BUSINESS LINE Date : 22 DECEMBER 2016  PAGE NO: 06

MUMBAI: As cities continue to grow in size across India, Nalin Gupta, Managing Director, J Kumar Infrastructure, is highly optimistic about the growth in metro-rail projects across India. Excerpts from an interview with BusinessLine:

EY roped in as consultant for key Mumbai projects

Publication: DNA Date : 22 DECEMBER 2016 PAGE NO: MONEY

MUMBAI: Consultancy firm EY will assist debt-ridden Maharashtra State Road Development Corporation (MSRDC) in raising additional debt of Rs 15,800 crore for four big-ticket infrastructure projects

CITY  NEWS

Birla's Rs 33cr plot in Oshiwara to be put up for auction in cheating case

Publication: THE TIMES OF INDIA Date : 22 DECEMBER 2016  PAGE NO: 04

MUMBAI:A special Maharashtra Protection of Interest of Depositors (MPID) court on Wednesday allowed the auction of an Oshiwara plot worth Rs 33 crore, belonging to Yash Birla

Cheating case in Mumbai: Yash Birla property to be auctioned

Publication: THE INDIAN EXPRESS Date : 22 DECEMBER 2016  PAGE NO: 04

MUMBAI: Meanwhile, the Mumbai Economic Offences Wing, which is investigating the case, has filed its reply on the bail plea of the accused, including Birla

Shivaji statue: Sena in a fix over attending PM's event

Publication: THE TIMES OF INDIA Date : 22 DECEMBER 2016  PAGE NO: 04

MUMBAI: Chief minister Devendra Fadnavis' invite to Uddhav Thackeray to share the dais with PM Narendra Modi for the bhoomipujan of the Shivaji memorial project has put the Shiv Sena in a quandary

  REALTY NEWS

The realty about demonetisation

Publication: BUSINESS LINE Date : 21 DECEMBER 2016  PAGE NO: 04

Much has been written and said about demonetisation and the all-pervasive impact on the world of real estate — the good, the bad and the ugly.

Extra home space can be money spinner

Publication: DNA Date : 21 DECEMBER 2016  PAGE NO: 04

Homestays are a good way to earn extra income. For many people with an unused room or extra space in a mortgaged home, community marketplaces can be a money spinner

State may miss property registration target this fiscal

Publication: THE TIMES OF INDIA Date : 22 DECEMBER 2016  PAGE NO: 04

MUMBAI: The demonetisation move and an expected fall in realty pri ces have taken a huge toll on property registrations across the state

In Reality, Some Realty Cos Could Ride Out the Turmoil

Publication: ECONOMIC TIMES Date : 22 DECEMBER 2016 

MUMBAI: REAL ESTATE REGULATION ACT (RERA) also a worry for a sector hit hard by the govt's demonetisation move; However, a select bunch could buck the trend

Realty Queries

Publication: ECONOMIC TIMES Date : 22 DECEMBER 2016 

MUMBAI: With demonetisation and policy changes in real estate sector such as RERA, REITs, is it a good time to invest in property market to get good returns in next five years?

K Raheja Arm Plans to Raise Rs 500 cr Via NCDs

Publication: ECONOMIC TIMES Date : 22 DECEMBER 2016 

MUMBAI:A group subsidiary of realty developer K Raheja Corp is planning to raise `500 crore through non-convertible debentures (NCDs) with a total tenure of nine years and a call option, with the issuer at the end of the fourth year.