MBPT NEWS

MbPT won't give BMC land for cheap housing

Publication: THE TIMES OF INDIA Date : 22 NOVEMBER 2016 PAGE NO: 01

MUMBAI: One of the city's largest landowners, the Mumbai Port Trust (MbPT), has informed the BMC that it does not want reservations imposed for affordable or low-cost housing on its properties

Shiv Sena eyes MbPT’s 900 acres for sea world.

Publication: THE ASIAN AGE Date : 22 NOVEMBER 2016 PAGE: 04 

MUMBAI: Uddhav Thackeray goes against BJP’s demand, says land lying idle with port trust.. .

Port trust to build Rs 250-cr cruise terminal.

Publication: MUMBAI MIRROR Date : 22 NOVEMBER 2016 PAGE: 08 

Tenders for the the massive terminal, complete with modern amenities including shops, escalators and restaurants, will be floated soon .

INFRA NEWS

Maharashtra frees 6.4 acres of Indu Mill land from coastal regulation zone

Publication: THE INDIAN EXPRESS Date : 22 NOVEMBER 2016 PAGE NO: 07

MUMBAI: The BJP government in Maharashtra has used the Maharashtra Coastal Zone Management Authority’s contentious redefinition of the Mahim shore as a bay to pull 6.4 acres of the Indu Mill land out of the highly-restrictive coastal regulation zone (CRZ).

Government plans phased development of coastal economic zones

Publication: BUSINESS STANDARD Date : 22 NOVEMBER 2016 PAGE NO: 04

MUMBAI: The Narendra Modi-led government has begun the mammoth task of port-led development through coastal economic zones (CEZs)

MSRDC: Sea link to raise funds for projects.

Publication: MUMBAI MIRROR Date : 22 NOVEMBER 2016 PAGE: 06 

MUMBAI: The Maharashtra State Road Development Corporation is exploring ways to monetise the Bandra-Worli Sea Link to raise funds for its upcoming projects. .

CITY NEWS

State property registration dept posts 28% dip in daily revenue over 12 days.

Publication: TIMES OF INDIA Date : 22 NOVEMBER 2016 PAGE: 03 

MUMBAI: The state property registration department has registered a 28% decline in its daily revenue over the past 12 days, since the demonetisation of Rs 500 and Rs1,000 currency notes .

Richardson & Cruddas told to return Byculla plot to govt.

Publication: TIMES OF INDIA Date : 22 NOVEMBER 2016 PAGE: 05 

MUMBAI: The island city collector has passed an order that Richardson & Cruddas (1972) Ltd, a public sector unit, must hand over a 54,285 sq mt plot adjoining JJ Hospital in Byculla to the Maharashtra government,

6 months along, bldg demolition still on.

Publication: TIMES OF INDIA Date : 22 NOVEMBER 2016 PAGE: 08 

MUMBAI: Almost six months since BMC began demolition of an unauthorized 11-storey structure on 11, Keshavji Naik Road, between Sandhurst Road and Masjid railway stations, it has brought down only seven floors

Kasliwals get pre-arrest bail in Rs 4k cr land transfer case.

Publication: TIMES OF INDIA Date : 22 NOVEMBER 2016 PAGE: 05 

MUMBAI: Following a criminal complaint by the island city collector against businessman Ajit Kumar Singh Kasliwal and three other members of the Indore-based Kasliwal family ,

Apna Ghar residents stall official action on property.

Publication: MUMBAI MIRROR Date : 22 NOVEMBER 2016 PAGE: 14 

Registrar's staff stopped from entering premises, made to wait for four hours until society's lawyer arrived. .

DEMONETISATION NEWS

Demonetisation: Govt move may be a boon for affordable housing.

Publication: BUSINESS STANDARD   Date : 22 NOVEMBER 2016 Page No: 02 

People troubled by demonetisation are eagerly waiting for some tangible benefits. 

CONTI...

  REALTY NEWS

ET Q&A - `Cash Transactions will be a Thing of the Past in Realty'.

Publication: ECONOMIC TIMES Date : 22 NOVEMBER 2016 Page No: 13

 The Indian economy may grind to a halt if the replacement of old curren cy is not swift, says Niranjan Hiranandani, managing director of Hiranandani Communities.

Huge inflow of liquidity after cash curbs raises RBI rate cut hopes.

Publication: LIVE MINT Date : 22 NOVEMBER 2016 Page No: 06

 Some economists say that demonetization is disinflationary and coupled with its near-term disruption to economic growth, a rate cut is in the offing.