30TH NOVEMBER 2016

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MCHI-CREDAI

INFRA NEWS

     

Design out for port land makeover

Publication: DNA Date : 30 NOVEMBER 2016  PAGE NO: 04
MUMBAI:Project includes creation of an international destination for tourism and commercial activities with smart infrastructure
     

Maharashtra to upgrade 10,000 km of roads with ₹30,000 crore

Publication: HINDUSTAN TIMES  Date : 30 NOVEMBER 2016 PAGE: 05 
MUMBAI: The Maharashtra government has decided to upgrade roads stretching up to 10,000 kilometres in the state in the next two years, adopting for the first time, a ‘hybrid annuity’ model along the lines of the Union government.
     

Architecture firm that designed Sabarmati riverfront to draw plans for eastern waterfront

Publication: HINDUSTAN TIMES  Date : 30 NOVEMBER 2016 PAGE: 03 
MUMBAI: Taking a step closer towards opening up the city’s eastern waterfront, the Mumbai Port Trust (MbPT) on Tuesday finalised an architect to draw up a master plan for 500 hectares between Wadala and Ferry Wharf
     

Seafront revamp work: Mumbai Port Trust finalises bidder

Publication: THE INDIAN EXPRESS   Date : 30 NOVEMBER 2016 PAGE: 04 
MUMBAI: The group also had the lowest financial bid for the project, according to an MbPT press release
     

NAVI MUMBAI NEWS

     

Rs 12k cr project to develop 23 Panvel villages cleared

Publication: TIMES OF INDIA Date : 30 NOVEMBER 2016 PAGE: 05 
NAVI MUMBAI; The muchawaited NAINA (Navi Mumbai Airport Influence Notified Area) project has finally been cleared by the state UDD
     

Govt approves project to develop 23 villages under Panvel taluka

Publication: DNA Date : 30 NOVEMBER 2016 PAGE: 08 
In a development that aims to boost affordable housing in Navi Mumbai and ease the rising pressure for homes in the city, the interim development plan (IDP) of the pilot project of the NAINA.

CITY NEWS

     

Relief for Bombay Gym as hawker plan not okayed

Publication: TIMES OF INDIA Date : 30 NOVEMBER 2016  PAGE NO: 05
MUMBAI: Bringing some relief for Bombay Gymkhana in SoBo, civic chief Ajoy Mehta on Tuesday cleared a proposal to relocate 36 hawker pitches from outside
     

Santacruz tower bldr sent to EOW custody till Dec 6

Publication: TIMES OF INDIA Date : 30 NOVEMBER 2016  PAGE NO: 05
MUMBAI: A metropolitan magistrate on Tuesday remanded builder Jitendra Jain to police custody till December 6 in a case of forgery and cheating 
     

  REALTY NEWS

     

Rathore's flat not habitable, panel tells SC

Publication: TIMES OF INDIA Date : 30 NOVEMBER 2016 PAGE NO.: 12 
 NEW DELHI: A Supreme Court-appointed committee, set up to find out habitability of a flat allotted by Parsvnath Developers in Gurugram to minister of state Rajyavardhan Singh Rathore, told the court that the house has many deficiencies, some of which are not rectifiable
     

Demonetisation: Double whammy for property developers

Publication: BUSINESS STANDARD Date : 30 NOVEMBER 2016 PAGE NO.:02
 Apart from note ban, Real Estate (Regulation and Development) Act further worsening liquidity issues for realtors.
     

Piramal invests Rs750 crore in Adarsh Developers

Publication: LIVE MINT Date : 30 NOVEMBER 2016  PAGE NO: 03
 Adarsh Developers will use Rs550 crore to refinance existing loans and the rest will be used for working capital requirements in its multiple projects.
     

RBI rate cut likely in December monetary policy review

Publication: LIVE MINT Date : 29 NOVEMBER 2016  PAGE NO: 06
 Despite extraction of some of the surplus cash through a CRR hike, there is still liquidity in the banking system courtesy demonetisation
 

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