31ST OCTOBER 2017

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MCHI-CREDAI

RERA NEWS

     

HC hears constitutional challenges to RERA

Publication: MUMBAI MIRROR Date : 31 OCTOBER 2017
Developers, landowners had questioned the regulator's provisions that make it mandatory for ongoing projects to register with it

MHADA NEWS

     

Only 86 show interest in MHADA’s costly houses

Publication: MID-DAY Date : 31 OCTOBER 2017
Unlike the two houses that cost Rs 1.95 Cr each, there were 9,145 applications for just 8 affirdable ones

PMAY NEWS

     

Govt to take away projects from 'poor developers'

Publication: DNA Date : 31 OCTOBER 2017
The state government is planning to eliminate developers who aren't competent enough to complete projects under the Slum Redevelopment Authority (SRA) scheme.

AFFORDABLE NEWS

     

Affordable push shrinks HDFC's avg home loan

Publication: TIMES OF INDIA Date : 25 OCTOBER 2017
The country's largest housing finance company HDFC has seen its average home loan size shrink by nearly Rs 3 lakh to Rs 23.6 lakh for the quarter ended September 2017 as compared to Rs 26.3 lakh in the preceding quarter.

OTHER CITY NEWS

     

DNA Investigation: Top builders used dummy buyers to get cheap bank loans

Publication: DNA Date : 31 OCTOBER 2017
Demonetization has unraveled a deeply fraudulent loan practice that existed in the real estate sector wherein builders, in collusion with banks,

REALTY NEWS

     

Bail to Unitech MD Sanjay Chandra only after firm deposits Rs 750 cr: SC

Publication: BUSINESS STANDARD Date : 31 OCTOBER 2017
Bail to Unitech MD Sanjay Chandra only after firm deposits Rs 750 cr: SC
     

Realty investments grow 100% in top 6 cities: Study

Publication: TIMES OF INDIA Date : 31 OCTOBER 2017
With favourable changes in the legislative environment, India's six major cities -Mumbai, Bengaluru, Pune, New Delhi, Chennai and Hyderabad -have recorded 100% increase in investments in real estate sector
     

LIC Housing Finance net dips marginally in Q2

Publication: BUSINESS LINE Date : 31 OCTOBER 2017
MUMBAI, OCTOBER 30: LIC Housing Finance reported a shade lower net profit at ₹489 crore in the second quarter against ₹495 crore in the year-ago quarter in the backdrop of slight pressures surfacing on the asset quality front.

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