Majestique Landmarks

In a report by global consultancy and research firm Centre for Asia Pacific Aviation (CAPA), India's aviation industry will become the third-largest market in the world with regards to departures by 2019, and job creation by 2027. The report also focuses on the apparent saturation likely in existing airports in metro cities and the need to deploy more capacity in Tier-II cities. To welcome the new flyers, the government is developing 100 airports across various locations in the country.

A recent report showed the upscale area is the world's 24th most expensive retail space, earning monthly rentals of Rs 1,250 per sqft on an annual basis. The recent report by a global real estate consultancy also showed Delhi's Connaught Place recorded the highest year–on–year rental growth of 11.8 per cent, at Rs 950 per sqft a month. From eateries to fashion brands, Khan Market offers shoppers everything that is high-end, exclusive and luxury.

In merely 70 days into its operations, the Lucknow Metro crossed the 10-lakh mark in terms of ridership on November 15. Some of the passenger-centric provisions, including free Wi-Fi for smart card users, water, toilets, disabled-friendly infrastructure, toll-free helplines, etc., have made it popular among daily commuters. MakaaniQ on how the Metro rail project along with other regulatory reforms will give a fillip to the city's property market.

An Occupancy Certificate states that a building has been constructed and complies with all norms. Municipal corporations issue OCs for buildings which have more than five units. In case, a developer is unable to provide the occupancy certificate, this means the building has not been approved under the legal plan. It is imperative that a buyer should ask for an occupancy certificate if the property is ready for possession. Your stay in a unit which has not received an OC will be considered illegal.

With a massive growth in the residential, commercial and industrial sectors, Bhiwadi in the National Capital Region is attracting a considerable level of interest from buyers and investors. Spread across 5,300 acres, the city already has more than 2,700 small to large corporate houses. Located near the IT hotspot of Gurgaon, Bhiwadi is also an affordable option for those looking for an apartment ─ you can buy a 1,000-sqft 2BHK unit in the price range of Rs 20-40 lakh, depending on the location, construction quality and amenities. Here are some other reasons why you should consider buying a property in Bhiwadi.