28TH FEBRUARY 2017

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MCHI-CREDAI

 CITY NEWS

     

New way forward for stalled projects - Buyers offer Rs 45 crore to take over plush project from Orbit

Publication: MUMBAI MIRROR Date : 28 FEBRUARY 2017 PAGE: 01
A group of buyers, who invested their lives' savings into a plush south Mumbai project stalled since 2015, is showing the way to those stuck with such projects across the city.
     

4 Andheri flat owners face HC ire

Publication: DNA Date : 28 FEBRUARY 2017 PAGE: 04
The Bombay High Court last week appointed a court receiver to take over possession of four flats located in an over 50-year-old dilapidated building located at Azad Nagar in Andheri West, as they were holding up redevelopment of the society.

REALTY NEWS

     

ICICI Prudential buys office space in Mumbai’s BKC for Rs147crore

Publication: MINT Date : 28 FEBRUARY 2017 PAGE: 05
Mumbai: At a time when housing sales are yet to recover from a three-year slowdown, transactions in commercial real estate continue to see an uptick.
     

You can claim tax benefits on home loan interest for a rented out house

Publication: MINT Date : 28 FEBRUARY 2017 PAGE: 05
If you propose to buy an under-construction property, the pre-construction interest can also be availed as deduction
     

Why cheaper housing is the elephant in the room

Publication: BUSINESS STANDARD Date : 28 FEBRUARY 2017 PAGE: 04
Is affordable housing going to become a viable business plan for builders and buyers, this year, asks Business Standard in the first of a two-part series The ambitious Housing for All scheme seems to have got the Centre in a fix.
     

Housing approvals within 60 days in Delhi and Mumbai soon

Publication: ET REALTY Date : 28 FEBRUARY 2017
Housing approvals in Delhi and Mumbai will come within 60 days. The notification for the model approval process in Delhi and Mumbai is expected soon.
     

Xrbia says on target to reach $1 billion in home sales this year

Publication: HINDUSTAN TIMES Date : 08 FEBRUARY 2017 PAGE: 05
MUMBAI: Realty developer Xrbia Developers is on its way to reach a target of $1 billion in sales by the end of 2017, the company said in a release.
     
 

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