15TH & 16TH AUGUST 2019

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CREDAI – MCHI Pledges Rs 3 Cr Towards Kolhapur Flood Relief Fund

Publication: ACCOMMODATION TIMES Date : 15 AUGUST 2019
A city on the banks of the Panchaganga River, in the west Indian state of Maharashtra – Kolhapur is in the grip of worst floods of the century, which has brought human lives to a standstill with lakhs of people remaining stranded in remote corners and on the rooftops.



India’s affordable housing push needs clarity of intent

Publication: GULF NEWS Date : 10 AUGUST 2019
Developers must play their part and not wait for government support to do the needful

PMAY funds may be used for flood rehabilitation

Publication: HINDU Date : 15 AUGUST 2019
The State government is likely to use funds from the Pradhan Mantri Awas Yojna (PMAY) to construct over one lakh homes destroyed in the floods.



Get 5% property tax rebate on installing rainwater harvesting units in Bihar

Publication: ET REALTY Date : 15 AUGUST 2019
PATNA: Deputy CM Sushil Kumar Modi on Tuesday said people installing rainwater harvesting system in their houses in Patna will be given 5% rebate on property tax.

Kalpataru Launches Luxury Tower ‘Camellia’ at Kalpataru Paramount in Thane

Publication: OUTLOOK Date : 15 AUGUST 2019
Mumbai, Maharashtra, India – Business Wire India Kalpataru, India’s leading premium and luxury real estate developer, announced the launch of new luxury tower ‘Camellia’ amidst the existing 5.4 acre project Kalpataru Paramount, located close to Kapurbawdi, Thane (W).




30 firms interested in building twin tunnels for Rs4K-cr GMLR

Publication: HINDUSTAN TIMES Date : 16 AUGUST 2019
The companies who have expressed interest include firms already involved in the construction of the Colaba-Seepz Metro-3 line, and some globally-known ones from China, Korea and Japan.



CSR norms may cover state-run giants SBI, LIC

Publication: HINDUSTAN TIMES Date : 16 AUGUST 2019
The government may widen the mandatory corporate social responsibility (CSR) spending rule to state-owned enterprises such as State Bank of India (SBI) and those formed by special acts of Parliament including Life Insurance Corporation of India (LIC), officials with direct knowledge of the matter said on condition of anonymity.

20-year plan for MMR may open floodgates to disasters

Publication: HINDUSTAN TIMES OF INDIA Date : 16 AUGUST 2019
Exactly a year ago, the twin satellite towns of Vasai-Virar had been flooded, leading to no road or rail connectivity for days.

Environment ministry wants Dahanu green panel scrapped, files plea in SC

Publication: HINDUSTAN TIMES OF INDIA Date : 16 AUGUST 2019
Environment ministry wants Dahanu green panel scrapped, files plea in SC



WeWork India leases 1.22 lakh sq ft from Panchshil Realty in Pune

Publication: ET REALTY Date : 16 AUGUST 2019
NEW DELHI: US-based co-working operator WeWork is expanding its India business and foraying into Pune market where it has taken on lease over 1.22 lakh sq ft office space to launch 24th centre in the country. According to sources, WeWork has taken 1,22,165 sq ft office space in Panchshil Realty's commercial project 'Panchshil Futura' in Pune,

Embassy REIT sets sights on stressed office assets

Publication: MINT Date : 16 AUGUST 2019
The real estate trust is also aiming to expand its portfolio in Hyderabad and Chennai. Embassy Office Parks REIT plans to acquire stressed office assets in India

Weak demand in Mumbai's luxury property market to continue in FY20: Icra

Publication: BUSINESS STANDARD Date : 16 AUGUST 2019
Weakened demand for high value residential units have resulted in an inventory pile-up of nearly Rs 45,000 crore in central Mumbai alone, as on June 30 this year, the report said.


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