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What Did 2017 Mean For Real Estate Developers, BrokeThe year 2017 has been a roller-coaster ride for all the stakeholders of the real estate sector. After the Narendra Modi-led government announced demonetisation in November 2016, the industry was trying to recover from the setback it caused. However, introduction of new laws such as the Real Estate (Regulation & Development) Act, 2016, and the Goods and Services Tax further slowed the pace of property sales across the country. Even cheaper home loans did not encourage homebuyers to invest. However, in the end, all the newly introduced reforms did discipline the players in the sector with stringent rules and penalties for violations. Industry experts believe that 2018 would be a year that will witness sales picking up.
Prices Stable, Best Time To Put Your Money In AhmedaLocated in the new west zone of Ahmedabad, Vejalpur is one of the high-potential property markets. A homebuyer can easily zero-in on a 1,200-1,300 sq ft apartment for Rs 40-45 lakh in this locality. Thanks to the stable real estate market scenario, the prices in this locality have not increased in the past three years and this could be an opportune time to enter the market and own a property in this growth-oriented area.
Noose Around Unauthorised Constructions Gets TighterAs instances of unauthorised constructions go up, talks about regularisation wherever possible is going on. In almost all cases, those guilty of violating or occupying such premises have been penalised as well.
Why Hyderabad's Chandanagar Makes Sense For PropertyMakaaniQ on what makes Chandnagar a lucrative market to boost your brokerage business.
11 Features Of The Agra-Lucknow ExpresswayRunning across 10 districts, 236 villages and 3,500 hectares of land, the expressway will connect to the famous Yamuna Expressway via the Agra Ring Road.