News

An ICSC Report: The Future of Shopping Centers​

Over the past year, the International Council of Shopping Centers (ICSC) and its global Board of Trustees embarked on a project, titled Envision 2020, aimed at identifying a way forward for the industry by shining a light on the best practices and themes shaping retail real estate. The report includes details on: Unification of Bricks-and-Mortar […]

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Mid-range homes flavour of the season: Survey

In a survey done by ANAROCK and LIC, the home buying trends show that over 63 percent of buyers will buy property anytime during 2020. In a news report published by moneycontrol.com, the findings are: Buyers preferred RERA registered properties over  lower home loan ratesAs many as 59 percent of the respondents preferred real estate […]

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Magnesia Zirakpur - Showrooms, SOHO, Retail, Restaurants, Offices.

Housing ministry to take up Chandigarh’s property lease proposal in May

The Chandigarh administration had formed two separate committees — one for pending demands of industrialists and the other for traders’ demands. The administration had last converted leasehold plots into freehold in 1983 in the commercial category. MP Kirron Kher had also taken up the matter with the MHA and Union urban development ministry. Chandigarh based industrialists have for long been demanding conversion of leasehold property into freehold and leasehold to leasehold in the industrial area.

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Now, register 4th floor as separate unit

In a decision that will go a long way in taking care of the housing needs of residents, the Haryana Government has finally allowed registration of fourth floor as independent dwelling unit in residential areas across the state. However, the registration of the fourth floor will come at a price as building owners will have to shell out external development charges (EDC) and registration charges on the land cost.

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Money Control: 5 Major Factors Driving Real Estate Growth in Tier II and Tier III Cities

News credits Money Control, Sandeep Batra Scarcity of land resources, high land and construction-related costs, unaffordable property prices, high inventory levels and declining demand are forcing developers and investors to shift their focus towards Tier II and III cities RERA has led to the realization that the industry will be driven by end-users and investors […]

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