24TH DECEMBER 2019

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MCHI-CREDAI

INFRA NEWS

     

Mumbai: You Can Soon Reach WEH From Versova In 20 Minutes As BMC Brings JVPD Flyover Work Back On Track

Publication: MID-DAY Date : 24 DECEMBER 2019
After numerous delays and the threat of cancellation, plans for the ambitious Juhu-Vile Parle Development Scheme's (JVPD) flyover are back on track. The alignment of the flyover that will connect the Western Express Highway (WEH) and the Bandra-Versova Sea Link now has a tweaked alignment and will cross the Airport Authority land in Andheri West.
     

Metro-3 car shed: State panel studying alternative sites likely to seek extension

Publication: HINDUSTAN TIMES Date : 24 DECEMBER 2019
The committee appointed by the state to explore alternative sites for the Metro-3 (Colaba-Bandra-Seepz) car shed is likely to seek an extension to submit its report. The government had on December 11 appointed a committee to identify viable alternatives to the car shed site at Aarey Colony.

GST NEWS

     

Government yet to clear 2,000 clauses of DP-2034

Publication: MUMBAI MIRROR Date : 20 OCTOBER 2019
Eknath Shinde given urban development portfolio but official not certain if there will be a cabinet rejig soon; they are

REALTY NEWS

     

GIC to pick up Rs 430-crore stake in Prestige Estates

Publication: ECONOMIC TIMES Date : 20 OCTOBER 2019
Mumbai: Singapore’s sovereign fund GIC is investing around Rs 430 crore in listed real estate developer Prestige Estates through a preferential issue of equity shares.
     

Indiabulls to sell commercial properties to Blackstone for Rs 810 cr

Publication: BUSINESS STANDARD Date : 24 OCTOBER 2019
Indiabulls Real Estate said on Monday it would sell its commercial properties in Mumbai and Gurugram to US-based private equity fund manager Blackstone for Rs 810 crore.
     

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