If you cannot read this email, please click here




Economic Survey 2017-18: Real estate – Signs of improvement! FDI, PE flow increases

Publication: FINANCIAL EXPRESS Date : 30 JANUARY 2018
Budget 2018: Private equity investments in the real estate sector have also increased from $0.9 billion in 2013 to over $5.9 billion in 2016, recording more than six-fold jump during this period, it said



CIDCO offers incentives to PAPs from NMIA area

Publication: DNA Date : 30 JANUARY 2018
The City and Industrial Development Corporation of Maharashtra (CIDCO) has come up with a special offer for project affected persons (PAPs) of the proposed Navi Mumbai International Airport (NMIA)



11 companies bid to construct Mumbai Metro-4

Publication: HINDUSTAN TIMES Date : 30 JANUARY 2018
The Mumbai Metropolitan Region Development Authority (MMRDA) received bids from 11 companies for the Metro-4 (Wadala-Thane-Kasarvadavali) project on Monday.

India needs $4.5 tn for infrastructure

Publication: THE HINDU Date : 30 JANUARY 2018
India will require investments of about $4.5 trillion by 2040 to develop infrastructure to improve economic growth and community well-being, according to the Economic Survey 2017-18.



Mumbai has highest vacant housing inventory

Publication: BUSINESS LINE Date : 30 JANUARY 2018
The Economic Survey has raised concern about the vacant housing inventory, especially in metros such as Mumbai, Delhi and Bengaluru.



'Plot and Property Management System' launched in Haryana

Publication: BUSINESS STANDARD Date : 30 JANUARY 2018
Haryana Chief Minister Manohar Lal Khattar today inaugurated the new online 'Plot and Property Management System' of Haryana Shahari Vikas Pradhikaran (HSVP) at Panchkula.

Housing Development Finance Corporation consolidated net profit rises 144.70% in the December 2017 quarter

Publication: BUSINESS STANDARD Date : 30 JANUARY 2018
Net profit of Housing Development Finance Corporation rose 144.70% to Rs 6677.06 crore in the quarter ended December 2017 as against Rs 2728.66 crore

Emaar India looks for partners to monetise its land parcels

Publication: ET REALTY Date : 30 JANUARY 2018
MUMBAI: After ending its 11-year-old joint venture in India, Dubai-based Emaar Properties is now planning to take the joint development route to monetise its land parcels and support its future growth in the country.

Finalised Rs 400-cr deal for plots in Chennai, Unitech tells Supreme Court

Publication: FINANCIAL EXPRESS Date : 30 JANUARY 2018
Troubled real estate firm Unitech on Monday told the Supreme Court that it has finalised a deal for the sale of two land parcels in Chennai for around Rs 400 crore.

Realty sector in TS bounces back from demonetisation impact

Publication: THE HINDU Date : 30 JANUARY 2018
Arresting the trend of a dip in land transactions pan-India after demonetisation on November 9, 2016, the situation in Telangana has looked up, but not to the extent of generating huge revenue to the State government.

Puranik Builders is said to have begun work on IPO

Publication: MINT Date : 30 JANUARY 2018
Mumbai: Puranik Builders Pvt. Ltd, a Mumbai-based residential real estate developer, has started work on its initial public offering (IPO),

Real estate offers a mixed bag

Publication: TELEGRAPH  Date : 30 JANUARY 2018
Mumbai: The real estate and construction sectors may be facing challenges such as the reluctance of banks to provide credit but will have a positive impact on job creation.

Realty sector seeks sops for homebuyers

Publication: BUSINESS LINE Date : 30 JANUARY 2018
Real estate industry is calling for continuation of reforms in the sector to ensure consolidation and revival in sales. As the previous budget granted infrastructure status to affordable housing, players are hoping that the upcoming one will accord the tag to the entire realty sector.


 Maker Bhavan II, 4th Floor, 18,
Sir Vithaldas Thakersey Marg, New Marine
Lines, Mumbai - 400 020.
T: 022 - 42121421
E: secretariat@mchi.net