22ND MAY 2017

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Govt stays hike in ready reckoner rates for plots

Publication: TIMES OF INDIA Date : 22 MAY 2017
But relief granted only for one month. Nearly two months after it hiked the ready reckoner rates for property transac tions in Mumbai Metropoli tan Region by nearly 6 per cent, the Maharashtra government has stayed the decision for a month.



Centre warns states not to dilute RERA provisions

Publication: TIMES OF INDIA Date : 22 MAY 2017
Delhi: The Centre has warned states against introducing rules and regulations in violation of Real Estate (Regulation and Development) Act (RERA) provisions, saying dilution may trigger legal challenge.

Rera to spur M&As in real estate: Pirojsha Godrej

Publication: DNA Date : 22 MAY 2017
Pirojsha Godrej, who took over as executive chairman of Godrej Properties early this year, believes that Real Estate (Regulation & Development) Act, 2016 will bring demand back to the sector.



Trees cut to make way for proposed Metro-III stations

Publication: TIMES OF INDIA Date : 22 MAY 2017
Cutting of trees for the Metro-III project has begun in earnest. Less than two days after the Supreme Court granted liberty to citizens to approach a committee to be nominated by the Bombay high court with their grievances,

`Mum-Ahmedabad bullet train will be on tracks by 2023'

Publication: TIMES OF INDIA Date : 22 MAY 2017
Last month, Achal Khare was appointed managing director of the National High Speed Rail Corporation, which is executing the ambitious Mumbai-Ahmedabad bullet train project. In an interview with TOI, he says the project will be completed by December 2023. Excerpts :

Mumbai’s DP 1991 shows Aarey land near Metro-3 car-shed as no-development zone: NGO

Publication: HINDUSTAN TIMES Date : 22 MAY 2017
MUMBAI CITY NEWS: An activist claimed that the state contrived to mark the area as buffer zone to allow construction, including that of the Metro-3 project.



Redevpt blues: Bandra MIG flat owners get I-T notices

Publication: TIMES OF INDIA Date : 22 MAY 2017
Mumbai:They Received Rs 50LRs 1cr From Builders. The residents of six Bandra-East middle income group (MIG) housing societies are locked in a battle with the income tax (I-T) department, 



MIDCAP MANTRA - Dilip Buildcon's Project Record Makes it a Buy

Publication: ECONOMIC TIMES  Date : 19 MAY 2017
EARNINGS VISIBILITY Long-term investors can consider stock given superior execution, order book & sustained revenues.

Realty Act Rules Should Facilitate Closure of Stuck Projects: Experts

Publication: ECONOMIC TIMES Date : 19 MAY 2017
Regulators could also use provisions of the Act to compensate buyers in such projects, they say

Mantri, Israeli Co Lock Horns Over Realty Project

Publication: ECONOMIC TIMES Date : 22 MAY 2017
Bengaluru   Indian realtor said to have received Rs 530 cr from Elbit for project that is yet to take off

Get the 8.35% home loan to work for you

Publication: MINT Date : 22 MAY 2017
Many lenders have reduced home loan rates for amounts of up to Rs30 lakh. Let’s look at some of the conditions that apply to this opportunity


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