Chandigarh

  1. Indian real estate news
The industrial and business owners’ groups in Chandigarh has been requesting for the right to own properties so that they can design the spaces for expansion by getting loans from the banks.  As reported in a story by The Indian Express (source), A representative group of the industrialists and business persons visited and met UT […]
  1. Indian real estate news
As per this ET Realty story (source), the Chandigarh administration has issued an order to the UT state office to stop mentioning of floor while issuing NoC to the banks. This might have a direct impact on the Chandigarh floors real estate transactions. The ET Realy story says—The assistant estate officer (AEO) Harjeet Singh Sandhu […]
  1. Indian real estate news
This story is taken from Hindustan Times (source). In specific sectors such as in the interiors of sectors 19, 27, 7 and in sector 8 in Chandigarh, one can see many leasehold properties that are lying vacant because they do not have any buyers. It means that it costs the Chandigarh administration revenue in crores. […]
  1. Indian real estate news
This post is taken from ET Realty (source). Need-based changes in thousands of houses of the Chandigarh Housing Board (CHB) on Delhi pattern, fixation of charges for IT Park land where general housing society is coming up and reconstitution of dispute redressal committee are some of the crucial agenda items to come up in the board’s meeting […]

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The institutional investment in the Indian real estate increased by 17 per cent YoY in the July-September period, according to a latest JLL India report. As per this Financial Express story—“Close analysts of investments during Q3 2021 reveals that it has been more balanced with the residential sector accounting for 29% of the total investments, […]

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This post is taken from Forbes India (source). In the commercial property trends in India in the recent years, the new-generation technology parks have emerged particularly in high-potential and high-rewarding cities including in Bengaluru, Hyderabad, Mumbai, Delhi and Pune. Chandigarh and Kolkata are now attracting investments too. This, according to Nasscom, has been due to […]