INFRA NEWS

Civic body goes 3D to map city

Publication: DNA Date : 29 NOVEMBER 2016  PAGE NO: 03

MUMBAI: The `50-crore project will digitally capture high-definition images of all buildings and service areas of Mumbai

Metro 3 construction: Residents demand ‘key against key’

Publication: TIMES OF INDIA Date : 29 NOVEMBER 2016 PAGE: 08 

The residents insisted that they would vacate their current spaces only when they were satisfactorily rehabilitated. They raised the slogan of chabi ke against chabi to stress their point.

THANE NEWS

BUILDER SAYS HE IS VICTIM OF FRAUD - Ambernath plot `usurpation': Developer was misled, didn't know nods were forged

Publication: TIMES OF INDIA Date : 29 NOVEMBER 2016 PAGE: 08 

Investigations into the sale of a 24-acre farm land in Sape village in Ambernath, which has come under a cloud, reveal that the land owners had transferred ownership

Over 30 Thane builders on radar for violating urban land ceiling norms

Publication: ET REALTY Date : 29 NOVEMBER 2016 PAGE: 08 

The scam was busted by the Thane crime branch on November 12, with the arrest of Mira Road builder Shyamsunder Agarwal.

CITY NEWS

Builder held in Santacruz project cheating case

Publication: TIMES OF INDIA Date : 29 NOVEMBER 2016  PAGE NO: 02

MUMBAI: The Economic Offences wing (EOW) of the Mumbai Police on Monday arrested builder Jitendra Jain of Kamlashri Builder and Kamla Landmarc Constructions

Bhendi Bazaar residents may get bigger homes

Publication: MUMBAI MIRROR Date : 29 NOVEMBER 2016  PAGE NO: 04

MUMBAI: City's most ambitious redevelopment project gets five per cent extra incentive, which translates into an additional built-up area of approximately 5,000 sq meters

  REALTY NEWS

Over 90% projects got environmental clearance in 2015: Government

Publication: ET REALTY Date : 29 NOVEMBER 2016 

 He noted that 53.86% of the projects had got clearance in 2014 while 90.70% of the projects got the green nod in 2015

Elevator industry to grow by 6-8% in next five years

Publication: ET REALTY Date : 29 NOVEMBER 2016 

 NEW DELHI: India is the second-largest elevator market in the world after China, with more than 50,000 elevators being sold every year.

How to exit the residential real estate market safely

Publication: ET REALTY Date : 29 NOVEMBER 2016 

 The right time to be considered to exit a real estate investment is when it pays off, probably in a time duration of at least 3-4 years.

Demonetisation: Lending rate cut hopes fade on RBI's 100% CRR shock

Publication: ET REALTY Date : 29 NOVEMBER 2016 

 MUMBAI: If you were expecting a sharp reduction in your EMI since banks are flush with funds because of demonetisation, you will have to wait a bit longer. .