Source: Times ofIndia illegal structures due to the high rate of the impact fee. The government has fixed an upper limit for different categories of buildup areas to be charge any impact fee for those who had altered a residential area of up to 150 sq metres into a
for office spaces in India. Though the cost of the rental office spaces in India are increasing, it It is known to all that the South Mumbai business hub of Nariman Point has traditionally commanded the most expensive rentals in India and has been among the top 10 costliest spaces in the world. The rent for commercial properties in Noida are costliest in India. It is recorded that Connaught Place Mumbai are moving to cheaper and larger offices to the other areas of the country. There has been a
: NRI investment in India is influenced by the depreciating value of rupee Master Plan will be Formed by The Industrial Industries Association (IIA) of Meerut is demanding to locate the industrial area
Hyderabad Source: Times ofIndia Jubilee Hills , is known as hot commercial destination by both retailers and corporate bigwigs. A recent study reveals that about 50% of the commercial space in Jubilee Hills is currently lying unoccupied. Of the 72 buildings constructed over the either partly-occupied or altogether without tenants. Although the ground floors of most of these
Corporation . Large numbers of houses are vacant because there was no demand in the market and these houses : Times ofIndia About 15% of total houses in Gujarat are empty. Leading the pack of cities, properties in Ahmedabad and Surat has maximum number of vacant houses. A large number of these units belong to investors Usually, about 7% houses remain vacant in Indian cities. In Ahmedabad, a large number of empty