MHADA NEWS

HC ISSUES NOTICE TO DGP, PRINCIPAL SECRETARY ON MHADA FLATS

Publication: MUMBAI MIRROR Date : 02 MARCH 2017 PAGE: 01

A division bench of Bombay high court has issued a notice to Director General of Police (DGP-Anti Corruption), Mumbai Police Commissioner and Principal Secretary (Housing), and asked them to respond before March 14 in the public interest litigation filed by Kamalakar Shenoy.

 INFRA NEWS

Mumbai’s east-west connectivity to get a boost with another Metro corridor

Publication: HINDUSTAN TIMES Date : 02 MARCH 2017 PAGE: 03

The city’s east-west connectivity is likely to get a boost this month with the Mumbai Metropolitan Region Development Authority (MMRDA)

CONTI...

Mumbai Metro Rail Corporation redesigns Aarey Metro carshed to save trees

Publication: THE INDIAN EXPRESS Date : 02 MARCH 2017 PAGE: 05

Continuing pressure from environmentalists has forced the Mumbai Metro Rail Corporation (MMRC) to redesign its Metro 3 car depot in Aarey to ensure it affects lesser number of trees. 

 OTHER CITY NEWS

Thane real estate among top 20 in the world where rich want to invest: Survey

Publication: HINDUSTAN TIMES Date : 02 MARCH 2017 PAGE: 06

Thane has become popular among the rich looking to buy a property, said a study. In a wealth report compiled by Knight Frank India Limited, a real estate consultancy firm, Thane is one of the 20 cities across the world, where the rich are currently looking forward to invest their wealth.

 CITY NEWS

Hsg societies bound by RTI Act, must share info: Court

Publication: TIMES OF INDIA Date : 02 MARCH 2017 PAGE: 02

Cooperative institutions, inclu ding around 75,000 housing societies in the Mumbai metropolitan region, can no longer refuse to share records under the Right To Information (RTI) Act with the Aurangabad bench

HC asks CM to personally look into collector's working

Publication: TIMES OF INDIA Date : 02 MARCH 2017 PAGE: 01

Expressing “extreme displeasure“ at the way the Mumbai collector, Ashwini Joshi, was conducting herself in matters of leases, the Bombay high court on Wednesday directed the chief minister to “personally look into“ the functioning of the office of the collector.

Mumbai’s residential builders turn to commercial segment for growth

Publication: MINT Date : 02 MARCH 2017 PAGE: 05

Mumbai: Several Mumbai home builders have shifted their sights to building and leasing out office space to tap the rising demand for commercial property as the residential market remains crippled after demonetization.

REALTY NEWS

Brokerages, research houses have doubts on GDP data

Publication: BUSINESS STANDARD Date : 02 MARCH 2017 PAGE: 20

The gross domestic product (GDP) data put out by the Central Statistics Office (CSO), which did not show any major impact of demonetisation in the third quarter, has taken brokerages and research houses by surprise. They have raised doubt over efficacy of the data in capturing the impact, particularly on the unorganised sector.

Looking for a home in the range of Rs 1.5 cr? These rates may interest you

Publication: BUSINESS STANDARD Date : 02 MARCH 2017 

Business Standard brings you a snapshot of average current rates and unit sizes in localities that offer property in the price range of Rs 1.5 crore-2 crore. If you are looking at buying real estate, an idea about prevailing rates would come in handy Note Ticket price range considered

Lodha Group clocks sales of over Rs 800 crore in February

Publication: HINDUSTAN TIMES Date : 02 MARCH 2017 PAGE: 06

BENGALURU: Lodha Group, India’s largest real estate company, today announced its best ever month in FY16-17 in February 2017, clocking new sales of over Rs. 800 crores.