22ND JUNE 2018

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As Cidco plot rates slide, Mumbai builders turn cautious about buying land

Publication: HINDUSTAN TIMES Date : 22 JUNE 2018
With the real estate market still coming to terms with the slowdown in its sector, builders have become all the more cautious when purchasing plots of land in the city.

Real estate bodies urge CM to extend enforcement of development plan

Publication: TIMES OF INDIA Date : 22 JUNE 2018
MUMBAI: Various bodies representing the real estate industry have asked chief minister Devendra Fadnavis to extend the enforcement of Development Plan 1991, and Development Control Regulations, 1991.



Congress moves Bombay High Court against Mumbai’s Development Plan

Publication: THE INDIAN EXPRESS Date : 22 JUNE 2018
Another ground made by the PIL is that the DP report, on the basis of which the plan had been formulated, and the development plan maps were yet to be put out in public domain.



63,000 forced out of homes by infra projects in 10 yrs

Publication: MUMBAI MIRROR Date : 22 JUNE 2018
Infrastructure projects in the city have displaced at least 63,000 people in the last 10 years. With land acquisition for new projects, like the big-ticket Mumbai-Ahmedabad bullet train and the Mumbai-Nagpur expressway, yet to get under way, the numbers will only shoot up further.



Indiabulls Real Estate proposes to raise Rs 480 crore

Publication: BUSINESS STANDARD Date : 22 JUNE 2018
Indiabulls Real Estate announced that the Company proposes to issue Secured, Redeemable, Non-Convertible Debentures of face value Rs. 10 lakh each aggregating Rs. 480 crore, on a private placement basis,


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