27TH AUGUST 2019

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MCHI-CREDAI

RBI NEWS

     

Turning new page, RBI dips into its reserves to transfer record Rs 1.76 lakh crore to govt

Publication: THE INDIAN EXPRESS Date : 27 AUGUST 2019
The transfer includes Rs 1.23 lakh crore of surplus for 2018-19 and Rs 52,637 crore of excess provisions identified under a revised Economic Capital Framework (ECF). It is over three times the five-year average of Rs 53,000 crore.

CITY NEWS

     

Thane has most polluting industries in state: Govt data

Publication: THE INDIAN EXPRESS Date : 27 AUGUST 2019
The programme, launched by the Maharashtra Pollution Control Board (MPCB) in 2017, discloses information on industrial particulate matter (PM) emissions, a widespread air pollutant.

REALTY NEWS

     

Demand for affordable housing to remain strong, but will luxury housing also see an upsurge?

Publication: FINANCIAL EXPRESS Date : 27 AUGUST 2019
n its pursuit to provide Housing for All by 2022, the government has launched several buyer-friendly schemes to push homeownership among Indians. Measures such as awarding industry status to affordable housing, bringing down GST rates and increasing tax deduction limits for interest payments on home loans
     

Rustomjee, Wadhwa vie for debt-ridden Ariisto Developers

Publication: MINT Date : 27 AUGUST 2019
Mumbai-based developer Rustomjee Group had emerged as the lone bidder in the first round of bidding - In November 2018, NCLT had admitted insolvency proceedings against Ariisto Developer
     

Luxury high-rise flats now in Delhi. Should you buy?

Publication: MINT Date : 27 AUGUST 2019
Those with a fat budget can consider ongoing and upcoming high-rise projects Many homebuyers would prefer to live in modern apartments, but moving to NCR is not an option

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