CITY NEWS

ANGRY BUYERS SEEK TO TAKE OVER DELAYED ORBIT PROJECT

Publication: MUMBAI MIRROR Date : 29 DECEMBER 2016 PAGE NO: 08

MUMBAI:Aggrieved apartment buyers in the uber luxurious Orbit Terraces project, in Lower Parel, have requested the High Court to allow them to complete the construction of the project that has been stuck since 2015.

U-turn: Civic panel clears policy that lets pvt parties maintain open spaces

Publication: TIMES OF INDIA Date : 29 DECEMBER 2016 PAGE NO: 03

MUMBAI: The city improvements committee in the BMC cleared an interim open space policy on Wednesday where it would give public gardens and playgrounds to private entities and trusts on an 11-month lease for maintenance.

Mumbai: Interim open spaces policy cleared by the Improvements Committee

Publication: THE INDIAN EXPRESS Date : 29 DECEMBER 2016 PAGE NO: 06

MUMBAI: After months of speculation and the BJP’s flip-flop on whether private parties would be allowed to maintain public grounds,

INFRA NEWSA NEWS

Local trains at 130kmph? Brakes on Rs 60cr project as trials go off track

Publication: TIMES OF INDIA Date : 29 DECEMBER 2016 PAGE NO: 03

MUMBAI: The Railways administration has put the brakes on its endeavour to purchase high-speed rakes, which can run at speed of 130kmph, as trials done were unsatisfactory ..

Replant mangroves, check pollution: Green nod terms for Mumbai coastal road

Publication: HINDUSTAN TIMES Date : 29 DECEMBER 2016 PAGE NO: 07

MUMBAI: Replant mangroves that are damaged during construction, develop green belt and fit construction equipment with mufflers and exhaust silencers

Benami property act shouldn’t harrow people, says Shiv Sena

Publication: THE ASIAN AGE Date : 29 DECEMBER 2016 PAGE NO: 04

MUMBAI: Sena chief Uddhav Thackeray has been criticising the Centre’s demonetisation drive, saying the common man has suffered the most.

  REALTY NEWS

Bright days ahead for commercial real estate

Publication: LIVE MINT Date : 28 DECEMBER 2016 PAGE NO: 13

MUMBAI: The outlook for commercial real estate for 2017 is likely to be robust with demand from manufacturing, logistics and consumer goods besides IT and outsourcing sectors

IT'S TIME FOR DEALS AND MORE - Real Estate Faces New Reality as Big Bang Reforms Kick in, Finally.

Publication: ECONOMIC TIMES Date : 29 DECEMBER 2016 PAGE NO.: 08

 The year 2016 was an inflection point for the real estate sector and with Real Estate Regulatory Act (RERA)