GDP NEWS

India’s GDP growth seen decelerating to 6.5% in 2017-18 from 7.1% in 2016-17

Publication: MINT Date : 06 JANUARY 2018

New Delhi: The Indian economy is expected to expand at its slowest pace in the four years since the Narendra Modi government took office, as economic activity was hit by the twin blows of demonetization and implementation-

Demonetisation, GST effects: GDP growth seen at 4-year low of 6.5%

Publication: BUSINESS STANDARD Date : 06 JANUARY 2018

CSO estimates for FY18 peg GVA growth at 6.1%; hit due to poor performance of agriculture, manufacturing

GDP growth to hit four-year-low at 6.5%: Govt forecast

Publication: INDIAN EXPRESS Date : 06 JANUARY 2018

The country’s gross domestic product (GDP) is estimated to grow at 6.5 per cent during 2017-18 — a four year low. Data released Friday by the Central Statistics Office (CSO)

MMPC NEWS

CM Fadnavis, planning committee pass regional plan for Mumbai Metropolitan Region

Publication: HINDUSTAN TIMES Date : 06 JANUARY 2018

In a meeting chaired by chief minister Devendra Fadnavis, the Mumbai Metropolitan Planning Committee (MMPC) on Friday, passed the Regional Plan (2016-36) for the Mumbai Metropolitan Region (MMR).

CITY NEWS

Santacruz slum sprawl worth thousands of crores, says SC

Publication: ET REALTY Date : 06 JANUARY 2018

MUMBAI: While directing the Slum Rehabilitation Authority (SRA) to invite bids from builders to help 800 slum-dwellers in Santacruz, the Supreme Court on Thursday observed how over 800 slum-dwellers

OTHER CITY NEWS

1.4 lakh buildings in 11 merged villages in Pune to pay property tax

Publication: ET REALTY Date : 06 JANUARY 2018

PUNE: Over 1.42 lakh properties, including residential and commercial establishments, in the 11 newly merged villages will pay property tax to Pune Municipal Corporation (PMC) from this April.

Give us all slums, we will redevelop them: Delhi CM to L-G

Publication: ET REALTY Date : 06 JANUARY 2018

CM asked LG to transfer all jhuggi-jhonpri bastis, or slum clusters, currently on DDA land to the state government for rehabilitation under the Delhi Urban Shelter Improvement Board.

REALTY NEWS

Indian realty market to see increased institutional investments in 2018: Report

Publication: ET REALTY Date : 06 JANUARY 2018

India, a key market in the region, is expected to benefit from reforms such as demonetisation, the implementation of Real Estate (Regulation and Development) Act and Goods & Services Tax

Real Estate: Understanding the interplay between residential and retail segments

Publication: INDIAN EXPRESS Date : 06 JANUARY 2018

‘An area which houses middle-class families will attract lot of unorganised retail outlets, while luxury destinations mostly juxtapose with high-end retail’

Unsold Inventory: ‘Residential market may remain sluggish in near term’

Publication: THE INDIAN EXPRESS Date : 06 JANUARY 2018

In the medium term, effective implementation of RERA could help infuse transparency and improve buyer confidence; next few quarters expected to witness launches in the affordable housing category