29TH DECEMBER 2017

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MCHI-CREDAI

YEAR OF REFORM NEWS

     

2017: the year of the Indian homebuyer

Publication: MINT Date : 29 DECEMBER 2017
Homebuyers were backed by a favourable judiciary and an evidently pro-buyer regulatory regime under the new real estate law—RERA—even as the sector marked its fourth consecutive year of slowing sales

REAL ESTATE - 2018 NEWS

     

Real Estate: 2018 a year of impact and delivery

Publication: TIMES OF INDIA Date : 29 DECEMBER 2017
NOIDA: A cumulative impact of the reforms in real estate sector would ultimately reflect in 2018 predict real estate pundits. The impact of the Real Estate Regulatory Authority (RERA)
     

Planning to invest in real estate in new year? Know these GST rules first

Publication: FINANCIAL EXPRESS Date : 29 DECEMBER 2017
If you are planning to buy a house or to invest in the real estate sector, knowing how tax rates changed after the implementation of the Goods and Services Tax (GST) is important.
     

Indian real estate: Revival in 2018?

Publication: BUSINESS TODAY Date : 29 DECEMBER 2017
The year 2017 was an action-packed year for Indian real estate. While demonetisation and GST slowed down the residential real estate sector across the country, the National Capital Region (NCR), particularly, saw a glut.

RERA NEWS

     

RERA delivers blow to realty sector

Publication: THE ASIAN AGE Date : 29 DECEMBER 2017
Mumbai: The realty sector witnessed a slowdown this year after the Real Estate Regulatory Authority (RERA) Act came into force on May 1, 2017.
     

Haryana RERA off to a slow start, builder projects registrations few in numbers even as deadline passes

Publication: FINANCIAL EXPRESS Date : 29 DECEMBER 2017
The registration of projects under Haryana’s Real Estate (Regulation and Development) Act is progressing at a slow pace.

INFRA NEWS

     

Mumbai Monorail Phase II: MMRDA to penalise contractor for delay

Publication: THE INDIAN EXPRESS Date : 29 DECEMBER 2017
The completion of the 10.24-km monorail corridor from Wadala to Jacob Circle has missed several deadlines since 2011.

CITY NEWS

     

Mumbai: BMC proposes 110 new silence zones in the city

Publication: FREE PRESS JOURNAL Date : 29 DECEMBER 2017
The Brihanmumbai Municipal Corporation (BMC) has proposed 110 areas in Mumbai that can be demarcated as silence zones.
     

CBI hunts for builders who got government land

Publication: DNA Date : 29 DECEMBER 2017
Days after the Central Bureau of Investigation (CBI) registered two separate cases probing a land scam involving more than 300 acres of land in Majiwade village, Thane,

REALTY NEWS

     

Modi government clears construction of 5.45 lakh houses under flagship Pradhan Mantri Awas Yojana

Publication: FINANCIAL EXPRESS Date : 29 DECEMBER 2017
The ministry of housing and urban affairs has approved the construction of 5.45 lakh more affordable houses under its flagship Pradhan Mantri Awas Yojana (Urban),
     

When realty stocks hit fresh 52-weeks highs

Publication: FINANCIAL EXPRESS Date : 29 DECEMBER 2017
After hitting a 52-week high on Wednesday, S&P BSE Realty index continued to be in focus on Thursday as it claimed a fresh 52-week peak

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