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A complex web of 393 shell companies used for allegedly diverting funds unscrupulously to the tune of Rs 2900 crore has been unearthed by the CBI during its probe into such cases over the last three years, according to PTI. CBI sources said the shell companies were allegedly being used by the accused to divert loan funds meant for specified purposes, creating fake invoices, and "round-tripping" of funds to evade taxes and generate black money. Round-tripping is sending money abroad to tax havens in the guise of payments for fake imports through shell companies and bringing back that money showing it as foreign investment. The findings of the CBI are just a tip of the iceberg as these are only those cases where the agency has been able to find legally-tenable evidence of money trail, cheating and diversion of funds to cheat the banks, said the sources not willing to the named. The murky activities have been exposed during the CBI probe into various loan fraud cases involving 28 public sector banks and one private bank, the sources said. Besides this, the agency is probing about 200 cases involving funds of at least Rs 30,000 crore, the sources said. The CBI is prosecuting these companies for corruption and scheduled offences associated with it. In addition, it will also refer these cases to other investigating agencies for action under other laws like Companies Act, Prevention of <keyword id="6355008" type="UNKNOWN" weightage="20" keywordseo="money-laundering">Money Laundering</keyword> Act, Benami Transactions (Prohibition) Act and the <keyword id="6354751" type="COMPANY" weightage="20" keywordseo="Income-Tax">Income Tax</keyword> Act etc, the sources added. The agency has not only "exposed" these shell companies but also gathered enough material which would "plug" the possibility of them being used for any further operation, the sources claimed. The sources said it is likely that these shell companies have been used to abfinancial crimes by other offenders too which will be probed by other agencies. The companies are spread across the country as also the 'tax-haven' countries facilitating transfer of black money which makes the investigation even more difficult, they said. Some important cases which have been probed by the CBI include the one against <keyword id="4504226" type="UNKNOWN" weightage="20" keywordseo="century-communication-group">Century Communication Group</keyword> which used to run Mahua Channel. According to the figures mentioned in the agency's charge sheets and FIRs, the group allegedly committed fraud to the tune of Rs 3000 crore. It used over 98 shell companies to allegedly divert bank loans for setting up digital studios in Noida, Mumbai, <keyword id="6354925" type="COMPANY" weightage="100" keywordseo="Kolkata">Kolkata</keyword> and other locations, the CBI has said. These companies were allegedly used to divert funds showing fake equity infusion to the tune of Rs 802 crore. The Kolkata-based shell companies named in the case were allegedly controlled by one Muralidhar <keyword id="108547" type="PERSON" weightage="20" keywordseo="Lahoti">Lahoti</keyword>. Three chartered accountants have also been charge sheeted. Zoom Developers faces 14 cases for allegedly swindling bank funds worth Rs 2600 crore involving a consortium of 26 banks. It allegedly collateralised foreign bank guarantees issued by Indian banks in favour of foreign aggregators. The CBI had registered two cases against Jignesh Shah and Anjani Sinha of National Spot Exchange Limited, also known as "NSEL scam", in which funds of Rs 342 crore were allegedly swindled. Nine shell companies surfaced during the probe which were trading on the exchange platform allegedly without having actual possession of the commodities, they said. The company is accused of increasing its paid-up capital to Rs 500 crore by round-tripping and routing bank funds to the extent of Rs 460 crore through six shell companies. In a recent case, the agency has found that a dental college existed only on paper while a bank was told that the construction was completed and loan funds were diverted for purposes other than for which these were issued. In many cases, the CBI found that companies have peons, drivers, sanitation workers, personal staff, cooks etc as the directors of the shell companies created by the masterminds who divert funds using them, the sources said. Recently, the government expressed concern over the working of shell companies in the country. Revenue Secretary Hasmukh Adhia had said that out of 15 lakh companies registered in India, nine lakh are not filing any returns and some among them may be acting as shell companies.

Here’s how Rs 2900 crore was diverted through shell companies of Noida, Mumbai and Kolkata

NEW DELHI: <keyword id="6356115" type="CITY" weightage="80" keywordseo="AAP">AAP</keyword> is likely to sweep Delhi, bagging six of the seven seats, pick up a seat in Greater Mumbai and one in the Noida-Ghaziabad area in the coming <keyword id="6355187" type="ORGANIZATION" weightage="40" keywordseo="Lok-Sabha">Lok Sabha</keyword> polls, according to an opinion poll done in the <keyword id="53426" type="CITY" weightage="60" keywordseo="NCR">NCR</keyword> region and in the Mumbai-Greater Mumbai areas. The party is also set to mark its presence in the other NCR satellite cities, though it may not win a seat in them, the poll suggested. 
 The poll, conducted by AC Nielsen for ABP News, also predicted that AAP’s impressive performance in these areas would result in <keyword id="1575" type="ORGANIZATION" weightage="60" keywordseo="Congress">Congress</keyword> and <keyword id="6355364" type="ORGANIZATION" weightage="40" keywordseo="UPA">UPA</keyword> getting virtually decimated, winning just three of the 21 seats in all these cities put together, compared to the 17 it won last time. The BJP, the poll projected, would win 10 of the 21 and AAP eight. 
 
Despite the strong showing the poll predicts for BJP, its findings may give the party reason to worry as it indicates that AAP could become a significant player in urban areas and not let BJP make the most of any anti-Congress feeling. 
 The poll found that <keyword id="6354477" type="PERSON" weightage="40" keywordseo="Narendra-Modi">Narendra Modi</keyword> remains the preferred choice for <keyword id="71" type="POSITION" weightage="60" keywordseo="Prime-Minister">prime minister</keyword> in both Delhi-NCR and Mumbai-Thane, although in the capital region, he is only slightly ahead of <keyword id="260213" type="PERSON" weightage="40" keywordseo="Arvind-Kejriwal">Arvind Kejriwal</keyword>, with 45% picking the <keyword id="6356617" type="POSITION" weightage="40" keywordseo="bjp-leader">BJP leader</keyword> and 42% backing the Delhi <keyword id="5269" type="POSITION" weightage="40" keywordseo="Chief-Minister">chief minister</keyword>. 
 In Mumbai-Thane, Modi has an impressive 51-18 lead over Kejriwal. In fact, <keyword id="5268" type="PERSON" weightage="40" keywordseo="Rahul-Gandhi">Rahul Gandhi</keyword>, with 22% in Mumbai-Thane backing him, is ahead of Kejriwal, though he is a distant third in Delhi-NCR with just 16% preferring him as PM. 
 
According to the poll, AAP would win six seats in Delhi with an impressive 57% vote share and win one of the Noida-Ghaziabad duo with 33% of the votes. In Mumbai-Thane too, it would win one seat with 17% of the votes. In Gurgaon-Faridabad, it would pick up 21% of the votes, which would be insufficient for the party to bag either of the two seats. 
 
The Congress tally is predicted to drop drastically not just in seats, but also in vote share in all these areas. The BJP’s vote share, in comparison, would rise somewhat in Mumbai and Noida-Ghazaiabad and significantly in Gurgaon-Faridabad. However in Delhi, the saffron party too could see its vote share declining considerably. In Noida-Ghaziabad, the BSP would also be a significant loser both in terms of vote share and by way of losing the one seat it currently has.

AAP To Bag 6 Delhi Lok Sabha Seats, Modi Top PM Choice: Poll

New Delhi, Nov 15 () Housing prices in Gurugram and adjoining areas have dropped 4 per cent in the last one year, while Noida and Greater Noida saw one per cent increase, according to brokerage firm PropTiger.
 The weighted average basic selling price (BSP) in Gurugram declined to Rs 4,868 per sq ft in July-September period from Rs 5,055 per sq ft a year ago, News Corp-backed PropTiger said in its report Real Insight.
 Gurugram area includes Bhiwadi, Sohna and Dharuhera. 
 However, rates in Noida (including Greater Noida and Yamuna Expressway) rose marginally to Rs 3,921 per sq ft from Rs 3,886 per sq ft during the period under review. 
 As per the report, the combined housing sales in both Gurugram and Noida regions fell 47 per cent during the July-September period to 5,569 units.
 Sales in Gurugram fell by 31 per cent to 2,742 units in July-September this year from 3,988 in the corresponding period of last year, while demand plunged by 57 per cent to 2,827 units from 6,528 units.
 In new supply, Gurugram saw an increase of 27 per cent to 2,353 units from 1,851 units, but Noida witnessed fall of 55 per cent to 736 units only from 1,647 units. 
 As on September 30, 2019, builders in the two cities had an unsold stock of 1,06,317 units as against 1,15,598 units a year ago. 
 In its report, PropTiger tracks sales, launches, prices in residential markets of nine cities - Mumbai Metropolitan Region (including Navi Mumbai and Thane), Pune, Noida (including Greater Noida and Yamuna Expressway), Gurugram (including Bhiwadi, Dharuhera and Sohna), Bengaluru, Chennai, Hyderabad, Kolkata and Ahmedabad.
 PropTiger.com is part of Elara Technologies that also owns Housing.com and Makaan.com. MJH ANS
ANS

Housing prices in Gurugram down 4 pc in last one year; Noida sees marginal rise: PropTiger

While there are nearly 5.68 lakh houses under various stages of construction in Delhi-NCR, any kind of periodic ban on construction by different agencies can only delay the projects, adding to the woes of the buyers. The maximum number of under-construction units is in <keyword id="18858" type="General" weightage="80" keywordseo="noida" source="Orion">Noida</keyword> and Greater Noida areas, accounting for nearly 2.70 lakh units, as per an estimate. On average, a one-month ban on all construction activity delays a project by at least 3-4 months, according to research by <keyword id="4695749" type="General" weightage="80" keywordseo="anarock" source="Orion">Anarock</keyword> consultants. As per the research, the areas in Delhi-NCR with the maximum under construction units presently include Greater Noida West, Yamuna Expressway, New Gurugram, Noida Expressway, Dwarka Expressway, Central Noida, Sector 150 (Noida), <keyword id="1464478" type="General" weightage="50" keywordseo="greater-faridabad" source="Orion">Greater Faridabad</keyword>, <keyword id="15299315" type="General" weightage="50" keywordseo="raj-nagar-ext" source="Orion">Raj Nagar Ext</keyword> (Ghaziabad), Sohna and Golf Course Ext Road. These areas together have more than 4 lakh units that are currently under various stages of construction. Greater Noida West alone has more than 1.37 lakh under-construction units currently. The air quality in Delhi-<keyword id="53426" type="General" weightage="100" keywordseo="ncr" source="Orion">NCR</keyword> has turned poor and heavy smog has started engulfing the region. This year too, to battle pollution, an action plan has been rolled out in advance, mandating that if the pollution levels breach certain levels (i.e., Stage III or 'severe'), authorities will have to enforce a ban on construction and demolition activities in NCR, except on essential projects (like railways, metros, airports, ISBTs, national security/defence-related projects of national importance). Apart from this, the construction of projects also gets hampered due to protests on the issue of land compensation. The Anarock research said that being periodic, the impact of these construction bans on overall property prices is almost negligible. Moreover, real estate prices in most cities are not so much a function of environmental concerns as of accessibility, proximity to the city centres or major employment hubs, urban mobility via various modes of public transport, and affordability. In Mumbai too, the city perennially experiences floods during monsoon, yet property prices remain steady. In fact, in the last two-and-a-half years since the pandemic, the Mumbai Metropolitan Region (MMR) has been the most active in terms of both new supply and new launches. As for Delhi-NCR, the region too has been very active. While developers restricted new supply, housing sales have been significant. In fact, the region has shed at least 23 per cent of its unsold stock in the last 2.5 years since the pandemic. Back in Q1 2020-end, the overall unsold stock in Delhi-NCR stood at 1.73 lakh units which have reduced to a little over 1.32 lakh units as of Q3 2022-end, said the Anarock research. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/huge-hike-in-airfare-from-delhi-mumbai-to-patna/articleshow/94961347.cms">Huge hike in airfare from Delhi, Mumbai to Patna</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/auto/news/nissan-x-trail-premium-suv-to-launch-in-india-features-specs-and-everything-you-need-to-know/slidelist/94961171.cms">Nissan X-Trail premium SUV to launch in India – features, specs and everything you need to know</a>

Delhi-NCR: 5.68L houses under construction; periodic bans add to buyers' woes

<keyword id="4343264" type="UNKNOWN" weightage="20" keywordseo="plug-and-play-offices">Plug and Play offices</keyword> are slowly making their way in the market with startups, freelancers, bloggers, small corporate companies, etc looking spaces to work and conduct formal meetings. 
 
Such plug and play offices have come up in Bengaluru, Delhi, Mumbai, etc and offering several deals to people, depending on the team size and requirement. 
 One such plug and play such is ‘<keyword id="4268239" type="UNKNOWN" weightage="20" keywordseo="Skootr">Skootr</keyword>’, which has office spaces in Noida, Gurgaon, Noida, Jaipur, and Mumbai. 
 
Incepted in 2015 and headquartered at Gurgaon, Skootr offers customised working spaces to large corporate clients, start-ups, freelancers, SMEs, BPOs, and cohorts of working professionals. 
 
Here’s an inside view of the plug and play office

This plug & play office is attracting corporates, entrepreneurs. Here’s an inside view

As digital and technical skills continue to dominate the job market in India, relocating to other cities has become a necessity among India’s working-age population. According to a recent report titled ‘India Workforce Report,’ by LinkedIn, which analysed the industry hiring trends in India, National Capital Region including Delhi, Gurgaon and Noida has emerged as the top city for taking up jobs. Bangalore and Hyderabad came second and third respectively. The report also highlighted technical and programming skills including coding and software skills, as the leading skills in Bengaluru. While management was noted as the most sought-after skill in Delhi and Mumbai. "Hyderabad is amongst the top three cities attracting talent, preceding Mumbai at number four. The broader goal is to use these insights to inform policy-making in the skills, education and employment sectors,” said Mahesh Narayanan, Country Manager, India, LinkedIn. “Healthcare emerged among the top 5 industries in five cities, including Mumbai and Hyderabad,” he added. In India, about half of the professionals who switched cities for jobs, moved to: NCR (Delhi, Gurgaon, Noida) 
 <div type="image" title="delhi." msid="68882382" hostid="261"></div>



 Bengaluru 
 <div type="image" title="bangalore." msid="68882371" hostid="261"></div>



 Hyderabad 
 <div type="image" title="hyderabad." msid="68882383" hostid="261"></div>



 Mumbai 
 <div type="image" title="mumbai." msid="68882372" hostid="261"></div>



 Chennai <div type="image" title="chennai" msid="68882402" hostid="261"></div>

Here are the top cities in India where job seekers are relocating

New Delhi, May 27 (IANS) <keyword id="2750705" type="PERSON" weightage="20" keywordseo="Google-Pay">Google Pay</keyword> on Wednesday announced that it's 'Nearby Spot' feature is now available in 35 cities across the country. These cities are Hyderabad, Ranga Reddy, Secunderabad, Bengaluru, Mysuru, Mumbai, Nagpur, Navi Mumbai, Pimpri-Chinchwad, New Delhi, Gurugram, Faridabad, Chennai, Surat, Ahmedabad, Patna, Varanasi, Lucknow, Ghaziabad, Prayag Raj, Kanpur, Noida, Greater Noida, Visakhapatnam, Indore, Kolkata, Bhubaneswar, Ludhiana, Sahibzada Ajit Singh Nagar, Chandigarh, Thiruvananthapuram, Kochi and Ernakulam. Last month, Google Pay launched a 'Nearby Spot' to helps users see which stores, providing essential goods, are open in their vicinity. Merchant establishments can now indicate their business hours, whether social distancing measures are in place at the store and the essential goods presently in stock. Users across the country can also book their cooking gas cylinders from HP Gas, Bharat Petroleum or Indane, and pay digitally via the app. "All three service providers are now live for all users of Google Pay," the company said in a statement. The company has also launched a 'Coronavirus Spot' which provides users official safety guidelines from the Ministry of Health and Family Welfare, and also links to a variety of charities accepting donations to support relief work.

Google pay's Nearby Spot available in Mumbai, Delhi, Kolkata, Bengaluru and other 31 cities of India

The real-estate sector had a neutral year last year with demonetization affecting it on the worse side. 
 
According to experts, there is a high possibility of prices softening in sub-markets which have seen a lot of housing supply in recent years, which means some unheard upcoming areas are seeing traction like never before. 
 Based on the data collected by 99acres we have encapsulated the performance of the real estate market in Delhi - <keyword id="53426" type="CITY" weightage="20" keywordseo="NCR">NCR</keyword>, Mumbai, and Bangalore for the year 2016. 
 
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Mumbai 
 
The city recorded a 20 percent YoY rise in sales volume in H1 2016. The affordable and mid-income housing segments drove maximum demand, especially in the micro-markets of Thane and <keyword id="57321" type="PERSON" weightage="20" keywordseo="Navi-Mumbai">Navi Mumbai</keyword>, while the premium sector remained subdued. 
 
• Bagging several big-ticket transactions in the year, Worli emerged as the new luxury housing destination in Mumbai. The locality recorded a YoY price appreciation of four percent. 
• Navi Mumbai emerged as a popular destination amongst end-users. The region clocked a rise in property registrations between April-October 2016. Registrations, however, dipped by a whopping 45 percent, immediately after demonetization. 
 
<a href="http://Dating app Woo reveals what women are searching for in men">ALSO READ: Dating app Woo reveals what women are searching for in men</a> 
 
Delhi-NCR 
 
• Developers restrained new residential launches in Delhi NCR, due to an inventory overhang and delays in obtaining construction approvals and clearances. New launches in the city, thus, dipped by 20-30 percent YoY. 
• By the end of H1 2016, Delhi NCR had about 2 lakh housing units still unsold. • Gurgaon and <keyword id="6356788" type="COMPANY" weightage="20" keywordseo="Greater-Noida">Greater Noida</keyword> collectively witnessed about 80 percent of the overall sales reported in Delhi NCR. Property rates in the region have decelerated by approximately five percent YoY. 
• By September 2016, nearly 25,000 housing units were handed over by developers in Noida and Greater Noida. 
• Gurgaon’s cosmopolitan status and a growth-conducive environment continued to attract private equity firms. The region alone clocked investments over $1 billion across residential, commercial and land categories. 
• The end of 2016 saw demonetisation severely hitting property inquiries and transactions across primary and resale markets in Delhi NCR. Sales volume dropped as an immediate aftermath of the move since buyers deferred purchase decisions anticipating the correction in property prices. 
 
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<keyword id="6354321" type="CITY" weightage="100" keywordseo="Bengaluru">Bengaluru</keyword> 
 
The city recorded approximately 21,800 new unit launches by the end of Q3 2016. 
 • <keyword id="129841" type="CITY" weightage="20" keywordseo="Hebbal">Hebbal</keyword> and <keyword id="636752" type="UNKNOWN" weightage="20" keywordseo="Thanisandra-Road">Thanisandra Road</keyword> in the North and <keyword id="4058012" type="UNKNOWN" weightage="20" keywordseo="panathur-varthur-road">Panathur-Varthur Road</keyword> in the East led the influx of new residential supply in the city. 
• More than 90 percent of the new project launches were reportedly made in the mid-segment category to cater to the active buyer base. 
• Sales volumes augmented by 5-6 percent during the festive season. Availability of ready-to-move-in apartments in affordable price brackets turned out to be an ideal combination for fence-sitters. • The rental market witnessed only a marginal hike in the year as supply superseded demand in localities near employment hubs. • Demand for plotted developments augmented near metro corridors due to higher Floor Space Index (<keyword id="6364765" type="ORGANIZATION" weightage="20" keywordseo="FSI">FSI</keyword>) being approved for projects falling within 500 m of the metro.

The
most popular parts of Delhi, Mumbai and Bengaluru where people invested in real
estate in 2016

Housing sector, which is facing a huge demand slowdown, witnessed an 8 per cent rise in sales in nine major cities, during October-December period -- the first time in last 10 quarters, says a report. 
 In its report, Rupert Murdoch-backed realty portal <keyword id="1871874" type="COMPANY" weightage="20" keywordseo="PropTiger">PropTiger</keyword> tracked <keyword id="6354553" type="COMPANY" weightage="20" keywordseo="real-estate">real estate</keyword> markets of nine cities - Ahmedabad, Bengaluru, Chennai, Gurgaon, Hyderabad, Kolkata, Noida, Mumbai and Pune. 

	Prices are likely to remain stable in the short term as most cities have already begun to display signs of recovery, said PropTiger, which provide various realty services including brokerage. 
 

	"Sales have increased for the first time in last 10 quarters, from 49,000 units (Q2 FY16) to 53,000 (Q3 FY16). This trend reversal indicates that the worst could be over for real estate residential market. At least, the downside, if any, should be limited from here onwards," the report said. 
 

	Affordable housing segment (below Rs 50 lakh) continued to be the hot pick in the sector with more than half of the total sales of apartments in this segment. 
 

	The share, however, has declined over the past 10 quarters, from a high of 58 per cent in the first quarter of financial year 2013-14 to 52 per cent in the third quarter of this fiscal. 
 Commenting on the report, company's CEO and co-founder, <keyword id="278771" type="PERSON" weightage="20" keywordseo="Dhruv-Agarwala">Dhruv Agarwala</keyword> said: "The rise in sales, <keyword id="149554" type="UNKNOWN" weightage="20" keywordseo="real-estate-prices">real estate prices</keyword> and new launches, and the decline in inventory overhang suggests that the revival is round the corner." "If the <keyword id="6354679" type="ORGANIZATION" weightage="20" keywordseo="GST">GST</keyword> and Real Estate Regulatory Bill gets a nod from Parliament, it is expected to restore consumer confidence in real estate, further triggering the expected revival," he added. 

	Real estate's grave concern of unsold inventory finally seems to be declining, at least for new projects, with sales in new projects rising by 23 per cent when compared to the sales in existing projects, which grew by 3 per cent, the report said. 
 

	Mumbai, Bengaluru and Noida have the most unsold inventory, accounting for almost 60 per cent of the total unsold inventory across the key nine cities. 

	 
	Inventory overhang declined in the third quarter of the current fiscal by two months to reach 35 months, driven by rise in sales. 
 

	PropTiger.com offers a one-stop platform to home buyers and by using this platform, a homebuyer can search for homes, shortlist, visit, finalise, arrange home loans or legal services and finally, buy the property.

Housing sales rise 8 per cent, first time in 10 quarters: PropTiger

<a href="http://www.businessinsider.in/searchresult.cms?query=Venkaiah+Naidu&amp;sortorder=effectivedate">Venkaiah Naidu</a>, Union Minister of Urban Development, Housing and Urban Poverty Alleviation have confirmed that <keyword id="4231679" type="UNKNOWN" weightage="20" keywordseo="housing-approvals">housing approvals</keyword> in <a href="http://www.businessinsider.in/searchresult.cms?query=Delhi&amp;sortorder=effectivedate">Delhi</a> and <a href="http://www.businessinsider.in/searchresult.cms?query=Mumbai&amp;sortorder=effectivedate">Mumbai</a> will come within 60 days. The notification for the model approval process in Delhi and Mumbai is expected soon. 
 In an interview with <keyword id="691108" type="COMPANY" weightage="20" keywordseo="MagicBricks">Magicbricks</keyword>, he said that there will be an online process through which applications will be sent and approvals will come in 60 days. Even in some case, if that approval doesn’t come through, the owner or developer can file an affidavit and start construction. Efforts are on to implement the process across the country. 
 
He also thinks that the whole country needs to follow this and trying to implement this, the centre has invited all states for a discussion on these issues on February 28, 2017 in Delhi. 
 
Metropolises such as <a href="http://www.businessinsider.in/searchresult.cms?query=Bengaluru&amp;sortorder=effectivedate">Bengaluru</a>, Pune and Noida are under scrutiny and comprehensive plans are being drawn to build better infrastructure. The Centre is facilitating creation of funds for urban local bodies in states to make cities more livable. 
 "We are taking into account the water supply, roads, etc., and creating a five-year development plan," <keyword id="6362898" type="PERSON" weightage="20" keywordseo="naidu">Naidu</keyword> told Magicbricks, while talking about <keyword id="6354321" type="CITY" weightage="20" keywordseo="Bengaluru">Bengaluru</keyword>, Pune and Noida. State participation is key to achieving adequate infrastructure and infrastructure is the essence of realising the 'Housing for All 2022' dream. 
 
Naidu said that affordable housing will be a success only when states perform. Around 23,000 houses lie vacant in Delhi alone because of lack of infrastructure. 
 
"Where there are people there are no houses and now there are houses with nobody residing in them. It is a grave problem," said Naidu. 
 
The main infrastructure concern areas are drainage, sewage, main roads, byroads, rain water drainage, maintenance of water bodies, etc. 
It is a joint effort by the Centre, states and local bodies.

Housing approvals will soon come within 60 days in Delhi and Mumbai

New Delhi, Mar 23 () CREDAI-MCHI, an apex body for realty firms of Mumbai Metropolitan Region (MMR), on Monday said it has converted a municipal training centre into a quarantine facility for over 250 patients because of spread of the coronavirus disease. Separately, Supertech Chairman R K Arora said the company has created a eight-member technical expert team, which can be deployed by the district administration for carrying out sanitisation activities in housing societies at Noida and Greater Noida in Uttar Pradesh. The expenses will be borne by the company, he added. CREDAI-MCHI said in a statement that it has converted the Municipal Capacity Building and Research Centre (MCMCR) into a quarantine centre which could be used for testing and self-isolation. The 5-storey building has been fitted with latest facilities including 250 beds, spacious rooms, conference rooms for doctors etc, it added. CREDAI MCHI President Nayan Shah said: "The MCMCR facility, which is a municipal training facility, has been transformed into a quarantine centre which will be able to house over 250+ patients." The association is an apex body of real estate developers in MMR consisting of over 1,800 members. MJH SHWSHW

You Searched For "Noida Mumbai" and got 11 results

Here’s how Rs 2900 crore was diverted through shell companies of Noida, Mumbai and Kolkata

BI India Bureau

AAP To Bag 6 Delhi Lok Sabha Seats, Modi Top PM Choice: Poll

Times Of India

Housing prices in Gurugram down 4 pc in last one year; Noida sees marginal rise: PropTiger

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Delhi-NCR: 5.68L houses under construction; periodic bans add to buyers' woes

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This plug & play office is attracting corporates, entrepreneurs. Here’s an inside view

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Here are the top cities in India where job seekers are relocating

BI India Bureau

Google pay's Nearby Spot available in Mumbai, Delhi, Kolkata, Bengaluru and other 31 cities of India

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The most popular parts of Delhi, Mumbai and Bengaluru where people invested in real estate in 2016

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Housing sales rise 8 per cent, first time in 10 quarters: PropTiger

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Housing approvals will soon come within 60 days in Delhi and Mumbai

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Coronavirus: CREDAI-MCHI converts training facility into quarantine centre

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