Hey guys, we are back with the latest weekly real estate news round up. We have curated the top headlines for this week (19th October to 25th October 2021) from the top sources of the nation.
Mysore: MUDA or the Mysore Urban Development Authority is hopeful about their multi-level group housing scheme. The grand project's cost estimates upto Rs 372 Crores in total and would see the rise of three high-rise structures - one in East Mysore and two in West Mysore.
Chandigarh: CHB or Chandigarh Housing Board's auction 191 leased properties, both commercial (163) and residential (28) ones, only 32 were sold. This was a very disappointing result given the fact that the reserve prices were reduced.
Mumbai: The Government of Maharashtra plans to redevelop the slums near Mumbai's Juhu Airport. The proposal comes under their latest development plan 2034.
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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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