Publication: BLOOMBERG QUINT Date : 07 DECEMBER 2019
Till a few years ago, a homebuyer scouting for property in Mumbai always felt anxious. Developers gave an impression that prices could jump overnight, putting potential customers under pressure to commit.
Publication: BLOOMBERG QUINT Date : 07 DECEMBER 2019
Maharashtra’s town planning and development agency auctioned plots in Navi Mumbai at the highest rates even as the nation’s real estate market is grappling with a liquidity crunch. The City and Industrial Development Corporation auctioned five plots worth Rs 229 crore in Airoli and Vashi area of Navi Mumbai.
RBI decision to halt rate cuts hints at slowdown but home loan borrowers can look forward to a better deal in the coming months if the economic scenario improves. By Balaji Rao
After five consecutive rate cuts since early this year the Monetary Policy Committee think-tank has pressed the pause button.
Publication: BUSINESS STANDARD Date : 07 DECEMBER 2019
Maharashtra government's decision to 'review' all major infrastructure projects in view of a major financial crisis suffocating the state has sent shockwaves in India Inc., though nobody has commented openly so far in the country's commercial capital.
Noted economist Raghuram Rajan laid out a detailed plan for the recovery of the stressed real estate sector and non-banking financial companies (NBFCs), which are its key lenders.
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
