Repo Rate Unchanged: Infrastructure and construction sector continued to show solid growth says MPC

By Rohit Sharma NEW DELHI: The Reserve Bank of India in its fourth bi-monthly statement, issued on October 5, on the basis of an assessment of the current and evolving macroeconomic situation at its meeting, decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per

CREDAI – MCHI Procurement forum to come up with cost-effective products

By Rohit Sharma MUMBAI CREDAI-MCHI to serve all the prominent stake-holders of Real – Estate Industry, Encompassing Member Developers, Construction Industry Players, Government Bodies, State Government, Consumers And Allied Industry Players has come up with Procurement Forum to help each other in the industry. Mumbai developers and allied industry players will come under

Land Title Insurance may escalate housing prices: CREDAI- Maha

CREDAI supports it but with a Caution By Rohit Sharma PUNE The developers' community in Maharashtra has welcomed the government’s move to introduce Land Title Insurance in the state, however, it has appealed to the government to consider all aspects before making the actual move. CREDAI-Maharashtra president Shantilal Kataria has expressed hope that

CIDCO to conduct 14,838 houses lottery for EWS & LIG tomorrow

By Rohit Sharma  NAVI MUMBAI  The City and Industrial Development Corporation of Maharashtra (CIDCO) to hold online lottery draw for the Mega Housing Scheme-2018 of 14,838 affordable houses under the Housing for All on October 2, 2018, at CIDCO Bhavan.  “The housing scheme is planned to concentrate upon the Economically Weak Section (EWS) and

Bizman Akshaypat Singhania moves NCDRC against Pune builders

By Rohit Sharma PUNE Renowned Mumbai-based industrialist,  Akshaypat Singhania, Chairman and MD of JK International has moved the NCDRC against Sai Shraddha Associates & Ors for excessive delay in handing over possession of a property he purchased in December 2013. In 2013,  Singhania approached Sai Shradha Associates &Ors., along with partner Shankar