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Newsletter 04th June 2021

DAILY NEWSLETTER

(CREDAI-MCHI, NATIONAL, MMR)

04th June 21

MCHI NEWS

Mumbai's poor stamp duty collection last month amplifies call for another rebate

Publication: CNBC TV 18 Date : 04 June 2021

Link:  https://www.cnbctv18.com/real-estate/mumbais-poor-stamp-duty-collection-last-month-amplifies-call-for-another-rebate-9531201.htm   

 

Maharashtra: Realtors seek reduction in stamp duty as property sale tanks in May

Publication: The  Indian Express Date : 04 June 2021

Link:  https://indianexpress.com/article/cities/mumbai/maharashtra-realtors-seek-reduction-in-stamp-duty-as-property-sale-tanks-in-may-7343153/   

 

RBI NEWS

RBI Monetary Policy Press Live Updates: Expect overall demand position to improve from Q2 onwards, says RBI Governor Shaktikanta Das

Publication: Mumbai Live Date : 04 June 2021

Link:  https://economictimes.indiatimes.com/news/newsblogs/latest-daily-news-and-updates-june-4/liveblog/83222678.cms   

 

INDUSTRY NEWS

What has changed for real estate in pandemic times

Publication: Financial Express Date : 04 June 2021

Link:  https://www.financialexpress.com/money/what-changed-for-real-estate-in-pandemic-times/2264295/

 

Realty Show: Damani, DMart Snap Up Prime Properties

Publication: The Economic Times Date : 04 June 2021

Link:  https://epaper.timesgroup.com/Olive/ODN/TheEconomicTimes/shared/ShowArticle.aspx?doc=ETM%2F2021%2F06%2F04&entity=Ar00713&sk=B10DF666&mode=text

 

Services Activity Contracts in May After 8 Months

Publication: The Economic Times Date : 04 June 2021

Link:  https://epaper.timesgroup.com/Olive/ODN/TheEconomicTimes/shared/ShowArticle.aspx?doc=ETM%2F2021%2F06%2F04&entity=Ar01117&sk=AF456847&mode=text  

 

Unemployment Rate Shoots Up to 11.9% in May

Publication: The Economic Times   Date : 04 June 2021

Link:  https://epaper.timesgroup.com/Olive/ODN/TheEconomicTimes/shared/ShowArticle.aspx?doc=ETM%2F2021%2F06%2F04&entity=Ar00306&sk=CAC35279&mode=text

 

Firm Prices Despite Lockdowns Augur Well for Cement Makers Publication: Economic Times Date : 04 June 2021

Link:  https://epaper.timesgroup.com/Olive/ODN/TheEconomicTimes/shared/ShowArticle.aspx?doc=ETM%2F2021%2F06%2F04&entity=Ar00711&sk=37007D4B&mode=text   

 

Lockdowns Hit Economic Activity in Apr, May: CLSA

Publication: Economic Times Date : 04 June 2021

Link:  https://epaper.timesgroup.com/Olive/ODN/TheEconomicTimes/shared/ShowArticle.aspx?doc=ETM%2F2021%2F06%2F04&entity=Ar00804&sk=66CC3D85&mode=text     

‘Input Tax Credit Blocked for Even Minor Lapses’

Publication: The Times of India Profit Date : 04 June 2021

Link:  https://epaper.timesgroup.com/Olive/ODN/TheEconomicTimes/shared/ShowArticle.aspx?doc=ETM%2F2021%2F06%2F04&entity=Ar00609&sk=8B3C9B41&mode=text  

 

Housing secretary Srinivas to take over as MMRDA chief from Rajeev  Publication: The Times of India Date : 04 June 2021

Link:  https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIM%2F2021%2F06%2F04&entity=Ar00608&sk=87A4615D&mode=text

 

Curbs effect: Maha revenues plummet by 23% in 1 month

Publication: The Times of India Date : 04 June 2021

Link:  https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIM%2F2021%2F06%2F04&entity=Ar00607&sk=5EC7EC57&mode=text