Hi folks we are back with the latest weekly real estate news round up (2nd March to 8 March 2022) curated from the finest sources in the nation.
Vijayawada: APCRDA or Andhra Pradesh Capital Region Development Authority is planning to construct mega township residential projects that can act as affordable colonies for the MIG or Middle Income Group. Such projects according to experts will help in the overall civic planning as well provide relief in the region. These projects will be focused in Kesarapalli sector.
New Delhi: Delhi Development Authority has started an extensive survey across 87 slums to assess the rehabilitation of the residents. Over 20 lakh people live on the 677 clusters in total and this process will mark the start of the rehabilatation process.
Pune: Along with the current 6% stamp duty in the three major cities of Mumbai, Pune and Nagpur, an additional 1% will be implemented as metro cess as a transportation surcharge.
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Everything in India is a state of constant flux; maybe that's why we Indians became one of the most adaptable and cosmopolitan people in the world!
If the nation's elements are shifting its focus, how can real estate be any different? Indian Real Estate Sector is perhaps one of the most dynamic ones in the entire world. Since the Real Estate in India is yet to be organized entirely, the variations in one segment affect another in ways difficult to comprehend.
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