DAILY NEWSLETTER

(CREDAI-MCHI, NATIONAL, MMR)

28th May 21

MCHI NEWS

Cidco freezes Navi Mumbai land reserve price for FY22

Publication:  The Times of India Date: 28 May 2021

Link:  https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIM%2F2021%2F05%2F28&entity=Ar00415&sk=A8443A6B&mode=text

 

Cidco Halves Penal Interest Rate on Delayed Payments

Publication:  The Economic Times Date: 28 May 2021

Link:  https://epaper.timesgroup.com/Olive/ODN/TheEconomicTimes/shared/ShowArticle.aspx?doc=ETM%2F2021%2F05%2F28&entity=Ar01103&sk=1FC63683&mode=text

 

CIDCO’s decision to halve interest rates on delayed payments to lead to 30% increase in construction by MSME developers: Credai-MCHI

Publication:  Money Control Date: 28 May 2021

Link:  https://www.moneycontrol.com/news/business/real-estate/cidcos-decision-to-halve-interest-rates-on-delayed-payments-to-lead-to-30-increase-in-construction-by-msme-developers-credai-mchi-6949801.html

 

Decision By CIDCO To Reduce Interest Rates On Delayed Payment Charges By 50% A Welcome Move: CREDAI MCHI

Publication:  Square Feat India Date: 28 May 2021

Link:  https://squarefeatindia.com/decision-by-cidco-to-reduce-interest-rates-on-delayed-payment-charges-by-50-a-welcome-move-credai-mchi/

INDUSTR NEWS

Property Prices May See A Hike Here’s The Reason Why

Publication:  Square Feat India  Date: 28 May 2021

Link: https://squarefeatindia.com/realty-prices-may-see-a-hike-heres-the-reason-why/

 

Homebuyers increasingly willing to pay above asking price

Publication:  CNBC TV 18  Date: 28 May 2021

Link: https://www.cnbctv18.com/real-estate/homebuyers-increasingly-willing-to-pay-above-asking-price-9459311.htm

 

Housing demand to reach pre-Covid level after two years: Crisil

Publication:  Business Standard Date: 28 May 2021

Link: https://www.business-standard.com/article/current-affairs/housing-demand-to-reach-pre-covid-level-after-two-years-crisil-121052701382_1.html

 

COVID-19 second wave: Housing sales down 60% in April-May 2021

Publication:  Money Control Date: 28 May 2021

Link: https://www.moneycontrol.com/news/business/real-estate/covid-19-second-wave-housing-sales-down-60-in-april-may-2021-6947891.html   

 

RBI NEWS

Universal vaccine jabs on war footing key: RBI

Publication:  The Times of India  Date: 28 May 2021

Link: https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIM%2F2021%2F05%2F28&entity=Ar01307&sk=3F55BB77&mode=text

 

Banks have enough capital to meet severe stress: RBI

Publication:  The Times of India  Date: 28 May 2021

Link: https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIM%2F2021%2F05%2F28&entity=Ar01311&sk=A087E043&mode=text