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PROPERTY NEWS (YEAR WISE)

Please note that we will update the news section every week/month how much data can it accommodate

(Sources: Print Media, Govt. GR’s, Accommodation Times, Credai-MCHI etc)

Disclaimer: – Lalani Group should not be held responsible for any information posted in this section. The News articles or information posted in these sections are merely for information purpose and have been received from various print media’s or real estate associations or government resolutions. People are advised to use their own discretion while using this information

Open letter to CM on deemed conveyance

Publication: Free Press Section: Mumbai Date: 20th February 2013 Page No:07 Expert on cooperative housing societies, PG Shenoy, has written an open letter to Chief Minister Prithviraj Chavan outlining the glitches that will have to be taken care of if his special drive for deemed conveyance is to succeed. Read More…

Extend infrastructure sector tax breaks to real estate

Publication: DNA Section: Money /Corporate Date: 20th February 2013 Page No:13 India’s otherwise vibrant and thriving real estate sector currently pretty much mirrors the state of the economy. Sales have dropped, margins are under pressure and both high-interest rates and fund availability are stumbling blocks. Read More…

Realign tax breaks with current reality

Publication: DNA Section: Money /Corporate Date: 20th February 2013 Page No:13 After the policy paralysis of the calendar year 2011, 2012 witnessed a pick up in approvals, leading to increased launches and volumes in the real estate industry. However, execution continued to witness bottlenecks on the availability of inputs due to environmental Read More…

Wanted: Infrastructure status for affordable housing

Publication: Business Lines Section: Budget line Date: 20th February 2013 Page No:07 Having failed to impress the Union Government to acknowledge it as an industry, the real estate sector is now hoping to get an “infrastructure status for affordable housing” in this Union Budget. Read More…

Govt for reviving ambitious Dharavi makeover project

Publication: Hindustan Times Section: Main Page Date: 20th February 2013 Page No:01 The stalled Dharavi redevelopment project is inching back on track, with the state looking to appoint a project consultant for the revamp of four sectors of one of Asia’s largest slums. The fifth sector is being developed by Mhada. The tenders to select the bid management consultancy Read More…Continued… Page No: 05 read more…

Co-op societies can not exploit aspiring members: HC

Publication :Indian Express Section: Mumbai Newsline Date: 20th February 2013 Page No:01 Dismissing a Juhu housing society’s petition demanding a transfer fee of Rs 2 Crore from purchaser of a plot in the society, the Bombay High Court recently observed that a co-operative housing society can not exploit people wanting to be members Read More…

 

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