02ND FEBRUARY 2020 NEWS |
MCHI NEWS |
| |
|
|
 |
 |
Publication: HINDUSTAN TIMES Date : 02 FEBRUARY 2020
The city’s real estate sector, which is facing a major slowdown, has expressed disappointment over the Union Budget. |
| |
|
|
 |
|
Publication: THE INDIAN EXPRESS Date : 02 FEBRUARY 2020
The Union Budget announced by Finance Minister Nirmala Sitharaman on Saturday failed to keep up with the aspirations of the real estate industry, which is facing a huge demand slowdown and sluggish housing sales. |
| |
|
|
 |
|
Publication: YAHOO Date : 02 FEBRUARY 2020
The Union Budget announced by Finance Minister Nirmala Sitharaman on Saturday failed to keep up with the aspirations of the real estate industry, which is facing a huge demand slowdown and sluggish housing sales. |
| |
|
|
 |
|
Publication: महाराष्ट्र टाइम्स Date : 02 FEBRUARY 2020
सरकारी निर्णयाची ३० जानेवारीपासून अंमलबजावणी
- मुद्रांक शुल्कवाढीमुळे तिन्ही शहरांतील घरे महागणार
- बिल्डरांवरील २ टक्क्यांसह ग्राहकांवर ३ टक्के बोजा |
BUDGET NEWS |
| |
|
|
 |
|
Publication: FIRST POST Date : 02 FEBRUARY 2020
Some of the key expectations from the government for the sector are to improve liquidity, balance fiscal discipline with stimulus, and expedite resolution of stressed projects. The expectation that the real estate sector will contribute 13-14 percent to the nation's GDP by 2025 can materialise if the requisite support to this sector is extended starting this Budget |
| |
|
|
 |
|
Publication: MONEY CONTROL Date : 02 FEBRUARY 2020
The government renewed its commitment to affordable housing by extending the tax holiday by a year, but the Budget offered little to resolve the liquidity crunch facing the housing sector nor did it make loans attractive, which could have boosted homebuyers' sentiment. |
| |
|
|
 |
|
Publication: TIMES OF INDIA Date : 02 FEBRUARY 2020
The stagnant property market has little to cheer, except extension of tax sops for affordable homes. The additional deduction of up to Rs 1.5 lakh for interest paid on loans taken for purchase of affordable homes has now been extended till March 31, 2021. |
03RD FEBRUARY 2020 NEWS |
BUDGET NEWS |
| |
|
|
 |
|
Publication: FINANCIAL EXPRESS Date : 03 FEBRUARY 2020
Budget 2020-21: The Budget has proposed to extend the additional Rs 1.5-lakh tax benefit on interest paid on affordable housing loans to March 2021. Besides, it has also proposed to extend by one year the date of approval of affordable housing projects for availing of tax holiday on profits earned by builders. |
REALTY NEWS |
| |
|
|
 |
|
Publication: MINT Date : 03 FEBRUARY 2020
Selling ready homes will be key for builders with unsold inventory as industry plods through a multi-year slowdown. Prices of residential apartments have remained stagnant for long, even declining in many cities |
| |
|
|
 |
|
Publication: TIMES OF INDIA Date : 03 FEBRUARY 2020
New Delhi:
State governments will now have to accelerate their move on ease of doing business to remove bottlenecks for investors and the taxpayer charter will help instil confidence and end harassment, a top official said on Sunday. |
CITY NEWS |
| |
|
|
 |
|
Publication: TIMES OF INDIA Date : 03 FEBRUARY 2020
Mumbai:
The BMC is expected to spend more on big-ticket infrastructure projects, including the Rs 12,000-crore Mumbai Coastal Road and the Rs 4,700-crore Goregaon-Mulund Link Road (GMLR), compared to last year. Missing road links, including the elevated road from Cuffe Parade to Nariman Point, may also receive sizeable allocation with CM Uddhav Thackeray recently having stressed on the need for the same to reduce traffic congestion. |
04TH FEBRUARY 2020 NEWS |
CITY NEWS |
| |
|
|
 |
|
Publication: MID-DAY Date : 04 FEBRUARY 2020
BMC is keen on finding ways to increase its income that has taken a sharp hit due to falling revenue from the real estate sector |
| |
|
|
 |
|
Publication: MID-DAY Date : 04 FEBRUARY 2020
The existing Bandra office of the MahaRERA Authority has been bifurcated to separate locations in BKC and Churchgate, allegedly owing to the "personal comfort and proximity of residences of the adjudicating officers" of the respective new offices.
|
| |
|
|
 |
|
Publication: TIMES OF INDIA Date : 04 FEBRUARY 2020
Mumbai:
Nearly nine months before the deadline for the Andheri-Dahisar Metro 7, the MMRDA has terminated the contract awarded to infrastructure major Simplex for the construction of the Andheri-Goregaon portion, citing extensive work execution delays. |
REALTY NEWS |
| |
|
|
 |
|
Publication: TIMES OF INDIA Date : 04 FEBRUARY 2020
Mumbai:
Three years after the SC paved the way for authorities to approve one of the most valuable slum redevelopment projects at Cuffe Parade in south Mumbai, the apex grievance redressal committee under the Slums Act on Monday upheld the initial permissions granted to real estate giant Shapoorji Pallonji’s wholly owned subsidiary, |
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
|
|
|
|
