25TH JANUARY 2017

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MCHI-CREDAI

 INFRA NEWS

     

Cuffe Parade residents move HC, seek stay on Metro III work

Publication: TIMES OF INDIA Date : 25 JANUARY 2017 PAGE: 09
MUMBAI: Cuffe Parade residents have approached Bombay high court to stay construction of Metro III as due process of law for acquiring properties had not been followed.

CITY NEWS

     

Unused SEZ land should be returned: Industries minister

Publication: MUMBAI MIRROR Date : 21 JANUARY 2017 PAGE: 08
MUMBAI: Just over a fortnight after the Supreme Court stepped in and sought the status of the land lying unutilised after being acquired for special economic zones (SEZ) in six states, including Maharashtra,

OTHER CITY NEWS

     

Navi Mumbai International Airport may have only 3 bidders – GVK’s MIAL, GMR, Hiranandani Group

Publication: FINANCIAL EXPRESS Date : 25 JANUARY 2017 PAGE: 06
GMR, Voluptas Developers (a Hirandanani Group company) along with Zurich Airport, and the GVK-led Mumbai International Airport (MIAL) are likely to end up as the only bidders for the proposed Navi Mumbai International Airport (NMIA).

REALTY NEWS

     

Blackstone in Talks to Buy Space in FIFC Tower for Rs 850 crore

Publication: TIMES OF INDIA Date : 21 JANUARY 2017 PAGE: PROPERTY
MUMBAI: US private equity major Blackstone Group is in advanced talks to acquire over 3.60 lakh sq ft spread over six floors in First International Financial Centre (FIFC) 
     

Renting self-occupied property caps returns

Publication: DNA Date : 25 JANUARY 2017 PAGE: MONEY
MUMBAI: My son has taken a home loan from State Bank of India (SBI) for an under-construction flat
     

Demonetisation impact: Residential sales likely fell 35% in Nov-Dec period; Sobha Developers to DLF, all hit by note ban

Publication: FINANCIAL EXPRESS Date : 25 JANUARY 2017 PAGE: 06
Major real estate companies are expected to witness a decline in sales in the October-December quarter, with home sales slumping by an estimated 35% during the months of November and December, post demonetisation.
 

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