17TH AUGUST 2017

If you cannot read this email, please click here



     
MCHI-CREDAI

RERA NEWS

     

See sustainable demand for equities; like real estate & related spaces: CLSA

Publication: MONEY CONTROL Date : 17 AUGUST 2017
Government's focus on affordable housing and RERA are the two big drivers for the real estate space but the overall affordability is also close to its all-time best in two decades, said Mahesh Nandurkar, India Strategist, CLSA.
     

Residential property keeps pole position

Publication: MUMBAI MIRROR Date : 17 AUGUST 2017
Thanks to RERA and GST, out of $ 1.9 bn pumped into Indian realty, $1 bn went to residential sector

INFRA NEWS

     

New option for bullet train terminal

Publication: TIMES OF INDIA Date : 17 AUGUST 2017
Mumbai: The site for the proposed bullet train terminal continues to hop around the BKC area, with one more option now suggested in G-Block by the MMRDA.

CITY NEWS

     

Cap gains investible more than once for new house

Publication: TIMES OF INDIA Date : 17 AUGUST 2017
Mumbai   The Income-TaxAppellate Tribunal (ITAT) has held that a taxpayer can invest capital gains for the second or third time towards the same `new' house property .
     

HC to minister: Respond to charges that you protected illegal structures

Publication: TIMES OF INDIA Date : 17 AUGUST 2017
The Bombay high court on Wednesday directed minister of state for home and urban development Ranjit Patil of the BJP to file an affidavit in response to allegations that he protected illegal constructions at a food mall in BKC.

OTHER CITY NEWS

     

Navi Mumbai airport: Here is why first jet will not fly off it by July 2019 deadline

Publication: FINANCIAL EXPRESS Date : 17 AUGUST 2017
The Maharashtra government's target of seeing the first aircraft fly out of the Navi Mumbai international airport by 2019 seems to be slipping further away.

REALTY NEWS

     

Jobs, tourism, housing: Govt turns to start-ups for solution

Publication: BUSINESS STANDARD Date : 17 AUGUST 2017
NITI Aayog — the country’s think-tank that finds solutions to problems ranging from economic issues to how Indian athletes can get more Olympic medals — is now looking towards the start-up community to find answers to India’s woes.
     

22 lakh homes by 2019: Realty players bat for cut in red tape

Publication: DNA Date : 17 AUGUST 2017
Realty players have made a strong case for simplification of procedure for the availability of land and a drastic cut in delays to grant various approvals to achieve CM Devendra Fadnavis' ambitious target of construction
     

Realty firms up with Rs 12,700 crore inflows in first of this year

Publication: DNA Date : 17 AUGUST 2017
India's real estate market has seen an investment of $1,990 million (approximately Rs 12,766 crore) in the first half of this year, and the residential segment has cornered 54% of it. The inflows have been robust thanks to greater transparency ushered in by various reforms.

CREDAI-MCHI,

 Maker Bhavan II, 4th Floor, 18,
Sir Vithaldas Thakersey Marg, New Marine
Lines, Mumbai - 400 020.
T: 022 - 42121421
E: secretariat@mchi.net