15TH JANUARY 2020

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MCHI-CREDAI

CITY NEWS

     

Mumbai: Government to build houses for Dabbawalas in the city

Publication: MUMBAI MIRROR Date : 15 FEBRUARY 2020
Mumbai: The Maharashtra government would be building houses for the city's famous 'Dabbawalas' under the Pradhan Mantri Awas Yojana (PMAY), the state government said on Thursday.
     

More than 1 acre needed to build Mumbai Eye, bidders tells MMRDA

Publication: THE INDIAN EXPRESS Date : 15 FEBRUARY 2020
To build a replica of the ‘London Eye’ in Mumbai, more land is required than the one acre made available at Bandra Reclamation, interested bidders have told the Mumbai Metropolitan Region Development Authority (MMRDA).

REALTY NEWS

     

‘Build life worth, not net worth’1

Publication: ECONOMIC TIMES Date : 15 FEBRUARY 2020
According to HDFC chairman Deepak Parekh, the secret of success is amorphous, and therefore it is best to go by time-tested values
     

LIC Housing Finance Identifies 14 Projects For Alternative Investment Fund

Publication: BLOOMBERG QUINT Date : 15 FEBRUARY 2020
Mortgage lender LIC Housing Finance Ltd. on Friday said it has identified 14 projects to be referred to the alternative investment fund, set up by the government for last-mile funding, a top company official said.
     

India Ratings revises outlook for construction sector to negative

Publication: MONEY CONTROL Date : 15 FEBRUARY 2020
The agency has also maintained negative outlook for the real estate sector for the next fiscal on the back of decline in sales, negative free cash flows, stricter regulatory compliances and slowdown in lending from banks and NBFCs.

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