BMC NEWS

Maharashtra Government will take over pending SRA projects: CM Devendra Fadnavis

Publication: THE INDIAN EXPRESS Date : 02 DECEMBER 2016 PAGE: 05 

MUMBAI: The CM said the government would follow up with the Centre to declare water supply projects in the city as national projects.

INFRA NEWS

Asian Bank, World Bank funds to put Mumbai’s MUTP-III rail projects on right track

Publication: HINDUSTAN TIMES Date : 02 DECEMBER 2016 PAGE: 06

MUMBAI: The ambitious Mumbai Urban Transport Project (MUTP) III infrastructure projects worth more than Rs10,000 crore will be jointly financed by the Asian Infrastructure Investment Bank (AIIB) and the World Bank in a 40:60 ratio.

Metro says service not for all, compares it to airlines; HC asks if it is class, not mass, system

Publication: TIMES OF INDIA Date : 02 DECEMBER 2016 PAGE: 02 

MUMBAI:The Metro is not for anybody and everybody , the Mumbai Metro company's lawyer told the Bombay high court on Thursday , drawing a retort

HC allows mangrove cutting, removes MTHL's last hurdle

Publication: TIMES OF INDIA Date : 02 DECEMBER 2016 PAGE: 02 

MUMBAI:The much-delayed Mumbai Trans Harbour Link -a 22-km road bridge connecting the island city with Navi Mumbai -can finally take off with the Bombay high court granting MMRDA permission to cut mangroves

Note ban shadow over GST Bill

Publication: BUSINESS STANDARD Date : 2 DECEMBER 2016 PAGE NO.: 07 

 A day after ruling BJP's sterling performance in the 164 municipal councils and nagar panchayats across Maharashtra, the Centre has cleared an ambitious Rs 10,947 crore Mumbai Urban Transport Project (MUTP) phase III, to be implemented between 2017 and 2022

CITY NEWS

BMC begins demolition of illegal SoBo building

Publication: DNA Date : 02 DECEMBER 2016  PAGE NO: 03

MUMBAI:The B ward of the BMC has started demolition of a ground-plus-seven storey building in South Mumbai's Mohammed Ali Road area that DNA had reported on in December 2015 

DEMONETISATION NEWS

Demonetization hits real estate hard

Publication: DNA Date : 02 DECEMBER 2016  PAGE NO: 03

MUMBAI: Registration of property-related documents falls by 40% in Maharashtra, Mumbai sees 20% slump in registrations

Note ban shadow over GST Bill

Publication: BUSINESS STANDARD Date : 2 DECEMBER 2016 PAGE NO.: 13 

 Senior government strategists were hopeful of officials reaching an agreement that would help the government convince Opposition parties

  REALTY NEWS

Don't bottom fish in real estate, construction stocks

Publication: BUSINESS STANDARD Date : 2 DECEMBER 2016 PAGE NO.: 13 

 Real estate and construction industry are, taken together, the largest employment generators, outside agriculture.