INFRA NEWS

Govt now seeks views on Aarey car depot

Publication: TIMES OF INDIA Date : 05 JANUARY 2017 PAGE: 05

MUMBAI: The state urban development department has invited objectionssuggestions from the public over change of land use of 33 hectares in Aarey Colony to a metro car depotworkshop, allied facilities and commercial zone.

CONTI...

To fast-track Mum-Nagpur E-way, govt hikes relief for farmers by 50%

Publication: TIMES OF INDIA Date : 05 JANUARY 2017 PAGE:07

MUMBAI: Acquiring just around 25% of the land required for the Mumbai-Nagpur super communication expressway in six T months, the state go PROJE vernment increased `46 the compensation by c 50% to woo farmers 

Replanting: MMRC asks for another 25 hectares

Publication: MUMBAI MIRROR Date : 05 JANUARY 2017 PAGE:12

MUMBAI: Metro authority's demand, in addition to the 36 hectares they want for the car shed at Aarey, riles greens who warn that transplantation of trees fails 95% of the time

Racing against 2021 deadline, Maharashtra opens bids for two more Metro lines

Publication: HINDUSTAN TIMES Date : 05 JANUARY 2017 PAGE: 06

MUMBAI: With the state government’s ambitious 2021 deadline to build a network of Metro lines looming, the Mumbai Metropolitan Region Development Authority (MMRDA) invited tenders for the construction of two metro corridors on Wednesday.

 CITY NEWS

New cess plan for excess FSI in redevpt projects

Publication: TIMES OF INDIA Date : 05 JANUARY 2017 PAGE:07

MUMBAI: The state government has proposed charging an additional cess of Rs 5,000 per sq metre for construction over and above the permissible floor space index (FSI).

Does BMC think GST is not happening?

Publication: DNA Date : 05 JANUARY 2017 PAGE: 03

MUMBAI: hile the central government is pushing hard to roll out the Goods and Services Tax (GST) later in the year, with the city also expecting to switch directly to GST from Octroi when it is implemented, 

OTHER CITIES NEWS

Firms shortlisted for Navi Mumbai airport say it will take 6 yrs to build

Publication: TIMES OF INDIA Date : 05 JANUARY 2017 PAGE: 02

NAVI MUMBAI : The Navi Mumbai international airport may miss its 2019 deadline with three of the qualified bidders raising questions about the timeline

Now, easy NOCs for housing societies in Maharashtra

Publication: HINDUSTAN TIMES Date : 05 JANUARY 2017 PAGE: 06

MUMBAI: In a major relief to common citizens, the state cooperative department has issued a circular making it mandatory for cooperative housing societies to issue no-objection-certificates (NOC) to its members within a specific time for some purposes.

REALTY NEWS

Middle-class will also benefit from PM Modi's housing sop

Publication: TIMES OF INDIA Date : 04 JANUARY 2017 PAGE: 11

MUMBAI: Those with annual income of up to Rs 12 lakh in urban areas would soon be eligible for 4% rebate in interest for a home loan up to Rs 9 lakh while 3% rebate can be availed on Rs 12 lakh loan by those who earn up to Rs 18 lakh annually , government sources said.

GST delayed, rollout now likely on 1 June

Publication: MINT Date : 05 JANUARY 2017 PAGE: 07

MUMBAI: The rollout of the goods and services tax (GST) is likely to be delayed by two or three months, according to two people familiar with the situation

Should you transfer your home loan?

Publication: MINT Date : 05 JANUARY 2017 PAGE: 12

MUMBAI: Individuals who are on a base rate or on an old MCLR, may find that their EMIs are high in the current situation. If you plan to switch your loan, look at the transfer costs.

Rental Realty Gains in Crunch Times

Publication: ECONOMIC TIMES Date : 05 JANUARY 2017 PAGE: 13

MUMBAI: THE CASH CRASH Customers postponing decision to purchase property expecting a price correction, say experts

Lodha Group Launches Startup Fund

Publication: ECONOMIC TIMES Date : 05 JANUARY 2017 PAGE: 13

MUMBAI: With an initial investment corpus of Rs 50 crore, co to support startups involved in smart city solutions