07TH & 8TH JULY 2019

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MCHI-CREDAI

7TH JULY 2019 NEWS

BUDGET NEWS

     

Budget 2019 provides a much-needed fillip to affordable housing, says RV Verma, ex-chairman of National Housing Bank

Publication: FINANCIAL EXPRESS Date : 07 JULY 2019
Budget 2019: The benefit of tax exemption can also be shared with buyers by way of lower price and better affordability,
     

Real estate cos agog over public entities’ land parcel for affordable housing

Publication: BUSINESS LINE Date : 07 JULY 2019
Property developers and real estate companies are gung-ho about government proposalto make available land parcels from public entities for affordable housing through PPP.

8TH JULY 2019 NEWS

MAHARERA NEWS

     

Co-operative housing societies get MahaRERA push

Publication: DNA Date : 06 JULY 2019
A big wave of relief has washed over members of co-operative housing societies that are undergoing redevelopment as the Maharashtra Real Estate Regulatory Authority (MahaRERA) will be treating members of such societies as allottees.

CITY NEWS

     

Rent control laws need relook, says govt panel

Publication: DNA Date : 08 JULY 2019
The city has around 18,000 buildings, which are dilapidated and need to be reconstructed, and the committee noted that changes to these laws were needed to boost the process
     

SoBo property linked to Harshad Mehta sold

Publication: DNA Date : 08 JULY 2019
A property involving infamous sharemarket scamster Harshad Mehta has been sold for Rs 80 lakh.

BUDGET NEWS

     

Budget aims to stimulate growth through realty & infra play

Publication: DNA Date : 08 JULY 2019
In the months since interim Budget, India's economy has taken a turn for the worse with growth rate being lower than expected.

CITY NEWS

     

Omkar Developers cans its biggest slum redevelopment

Publication: DNA Date : 08 JULY 2019
Omkar Developers is well-known for their slum redevelopment projects. However, as per realty sources and senior officials of the developers, the real estate developer will be giving up on one of its biggest slum redevelopment projects, which was undertaken four years ago.
     

Primary markets emerge as major fund-raising source for realty firms

Publication: MINT Date : 08 JULY 2019
Equity investments in realty firms are peaking, but the interest is limited to large firms with low debt levels As of June, the developers raised about ₹10,023 crore from the primary markets through two qualified institutional placements

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