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Budget 2018: Real estate developers want tax benefits for home buyers

Publication: DNA Date : 24 JANUARY 2018
Developers from the city have expressed what they want the government to do in the union budget 2018. For the first time, it appears that developers are speaking for the home buyers, but here's a twist.



MahaRERA asks promoters to fully disclose legal tangles

Publication: MUMBAI MIRROR Date : 24 JANUARY 2018
While hearing a complaint against a Punebased builder for promoting a project that is embroiled in a legal tussle, the Maharashtra Real Estate Regulatory Authority (MahaRERA)



Affordable Housing Now a ‘Major Theme’ among PEs

Publication: ECONOMIC TIMES Date : 24 JANUARY 2018
Mumbai: Private equity firms’ interest towards affordable housing is on the rise and is expected to increase in the backdrop of the government’s push for this segment and housing for all.



Maharashtra government bumps carpet area for SRA from 269 sqft to 322 sqft

Publication: DNA Date : 24 JANUARY 2018
To boost the slum redevelopment scheme, Maharashtra government has decided to increase the offered carpet area to 322 sqft from the earlier 269 sqft.



Won't grant NOC if not verified by BMC officials, say fire officers

Publication: DNA Date : 23 JANUARY 2018
The Mumbai Fire Brigade Officers (MFB) Association has taken a firm stand on fire safety compliance and decided that it won't be issuing any no objection certificate (NOC)

Mumbai: BMC plans ‘happiness centres’ at 3 locations

Publication: INDIAN EXPRESS Date : 23 JANUARY 2018
The civic body is planning to set up these centers on the lines of a Madhya Pradesh government initiative, which had in 2016 set up a ‘department of happiness’.



A makeover on the cards for DLF?

Publication: MINT Date : 24 JANUARY 2018
On the cards is the ramping up of DLF’s new office platform with partner GIC through acquisitions and embedded development potential, building the portfolio for 3-4 years and then looking at a possible listing

Indiabulls Real Estate Q3 net profit up 46% year-on-year

Publication: ET REALTY Date : 24 JANUARY 2018
MUMBAI: Realty developer Indiabulls Real Estate has reported 45.7% on-year rise in consolidated net profit at Rs 85.34 crore for the quarter ended December. Total income for the quarter also rose 339% from a year ago

Premji Invest Takes Stake in Shubham Housing Finance

Publication: ECONOMIC TIMES Date : 24 JANUARY 2018
Mumbai: Premji Invest, the family investment arm of Wipro chairman Azim Premji, has acquired a significant minority stake in Shubham Housing Development Finance, signalling the increasing interest of ultra-high-networth

DLF Wants its Development Arm to Have Zero Net Debt

Publication: ECONOMIC TIMES Date : 24 JANUARY 2018
Co repays ₹3k-cr debt of the arm with rental unit stake sale proceeds; plans QIP to help clear remaining ₹10k cr

Indiabulls Housing Finance Q3 profit rises 55%

Publication: MINT Date : 24 JANUARY 2018
Net profit of Indiabulls Housing Finance rose to Rs1,168 crore in the quarter ended 31 December from Rs751.5 crore a year ago


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