RERA NEWS

MahaRERA extends to Daman, Diu & more

Publication: DNA Date : 04 AUGUST 2017

Maharashtra Real Estate Regulatory Authority’s bag of responsibilities may get heavier as the two Union Territories (UTs) of Daman and Diu and Dadra and Nagar Haveli have been brought under its ambit. This means, the regulator, MahaRERA,

DP NEWS

State can seek feedback for DP parts tweaked after close date

Publication: TIMES OF INDIA Date : 04 AUGUST 2017

MUMBAI: Home loans and other borrowings are set to get cheaper with the Reserve Bank of India's monetary policy committee (MPC) bringing down its policy rate by 25 bas is points on Wednesday .

INFRA NEWS

NCLT approves bankruptcy proceedings against Housind Development and Infrastructure

Publication: FINANCIAL EXPRESS Date : 04 AUGUST 2017

Bankruptcy proceedings have been approved against a wholly owned subsidiary of Mumbai-based real estate developer Housing Development and Infrastructure (HDIL).

CITY NEWS

HC dismisses bank's plea, says SoBo tower buyers have a case

Publication: TIMES OF INDIA Date : 04 AUGUST 2017

Mumbai   Developer Sold Flats In Malabar Hill Bldg, Then Mortgaged It Buyers of flats in the ultra-luxurious Orbit Haven at Napeansea Road have scored a crucial victory in their fight to get flats for which they paid crores to the builder.

REALTY NEWS

After record sales in Q1, Godrej Prop sees Rera hiccup

Publication: DNA Date : 04 AUGUST 2017

Godrej Properties recorded “best ever” residential sales in this fiscal’s first quarter with a booking value of Rs 1,472 crore. However, the company expects short-term challenges due to recent Real Estate

RBI urges states to facilitate affordable housing projects

Publication: BUSINESS STANDARD Date : 04 AUGUST 2017

Reserve Bank of India Governor Urjit Patel on Wednesday urged states to facilitate affordable housing projects which have a strong multiplier effect on boosting growth.