MCHI NEWS

Mumbai: Duty collection from flat sales, rent unchanged

Publication: DNA Date : 27 SEPTEMBER 2019

If the data from Mumbai's property registration department is anything to go by, the talks of a slowdown may appear exaggerated. According to figures accessed by DNA, the revenue collection from the sector has not seen any drastic change over the past year.

PMAY NEWS

14 lakh affordable houses sanctioned under Pradhan Mantri Awaas Yojana in Maharashtra

Publication: DNA Date : 27 SEPTEMBER 2019

Around 14 lakh homes under the ambitious Pradhan Mantri Awaas Yojana has been sanctioned in the state till now. Of this, more than 4 lakh homes are under various stages of construction.

MAHARERA NEWS

Mumbai: Now dual registration for realty projects a must

Publication: DNA Date : 27 SEPTEMBER 2019

Every under-construction project needs to be registered with MahaRERA except if the area of land does not exceed 500 sq mt or the number of apartments to be developed does not exceed eight.

CITY NEWS

Maharashtra: Realty sector stares at turbulent recovery

Publication: DNA Date : 27 SEPTEMBER 2019

With the realty sector facing a slowdown, the Maharashtra government's revenue earning through the stamp duty and registration has come down drastically.

REALTY NEWS

Blackstone to soon take full control of IBREL office assets

Publication: MINT Date : 27 SEPTEMBER 2019

Firm sells holdings in Gurugram, Mumbai to Blackstone, looks to offload rest soon Balckstone’s property investments in India are set to cross the $6-bn mark this year

A year since IL&FS defaults, crisis deepens for real estate-focused NBFCs

Publication: MINT Date : 27 SEPTEMBER 2019

NBFCs cutting down on real estate lending, there are just 4-5 institutional lenders active in the market today The commercial real estate loan portfolio of NBFCs could see stress building up from January