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1.Residential bookings in MMR fall by 78% in Feb-March due to COVID-19

Study conducted by CREDAI MCHI with insights from over 100 MMR developer members


2.JICA extends ODA loan of Rs 24.80 bn for Mumbai Metro Line 3 Project (III)

The objective of the project is to cope with the increase in traffic demand in Mumbai by expanding the mass rapid transportation system


3.An Open Letter to Finance Minister

The construction industry employs 35 million people, which is more than the population of Australia or Malaysia, and contributes 8 per cent of India’s GDP.


4.Challenging times for malls due to COVID-19

Retail industry reaches out to government for respite from COVID-19 business impact


5.Stamp duty reduced by 1% in Maharashtra

Current stamp duty at 6% will come down to 5% in Mumbai, Pune and Nagpur.


6.The landlord model has been identified as the model for all ports

The FIRST Construction Council recently organised the ‘Revolutionising Ports Conference’ at the Karnika Cruise in Mumbai, with a focus on ‘Integrating India’s Maritime Stakeholders’.


7.Budget 2020 benefits the freight and logistics sector

National Logistic Policy to lead to operational efficiency for freight operators


8.Infra slowly getting into action with Budget 2020: CW

Rs 1.70 tn is being allocated for transport infra in the Union Budget 2020-21


9.Budget’s capital spend for road min for FY2021 lower than required for Bharatmala

Budget 2020 emphasises on accelerated development of highways to be undertaken


10.JLL rates Budget 3/10 for the real estate sector

Budget has no direct impact on Real Estate, focus continues on Infrastructure and revival of consumer demand


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