The realty sector lately has got too many surprises. The latest being the demonetization of the higher denomination currency notes. It has affected the real estate like no other but the rentals in the corporate sector for office spaces have not been affected.
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Cities That Made A Mark For High Rental Growth In 20
#Budget2017: What Taxpayers Want From FMSmall changes made in the taxing regime would act as big moves towards improving the health of India's real estate.
City Beat: Want To Construct Over Permissible FSI InA cess of Rs 5,000 for every additional square metre will be levied on those planning to redevelop old and dilapidated buildings in the suburbs of Mumbai. This will have to be paid during the construction period and will be used to develop the offsite infrastructure of the building.
Dwarka To Soon Be Home To Delhi's Second DiplomaticThe first Diplomatic Enclave, developed in 1950, is home to nearly 60 embassies and many such embassies operate out of rented apartments. The new Diplomatic Enclave, which will be spread in an area of 34.87 hectares, will be a boon for the growing list of diplomatic missions and embassies setting up base in India.
5 Best Places To Rent A Home In DelhiRenting is a great option to earn an additional income. Metropolitan cities, including Delhi, assure good rental returns when compared to smaller cities. In the national capital, the annual rental yield saw an increase of around 3.39 percent. The Delhi–Mumbai Industrial Corridor (DMIC) and the Amritsar-Delhi-Kolkata Industrial Corridor (ADKIC) will further have a positive impact on the rental sector in the city. Let’s look at the five promising localities that witnessed an increase in rental values over the last few months.
last update - 15-01-2017