hike in lease rates
The Confederation of Real Estate Developers Association of India (CREDAI) said that the state government’s policies will end up being its gift for Gujarat’s Gift City as the developers body witnesses Mumbai and Maharashtra turning increasingly ‘investor unfriendly‘. Lalit Kumar Jain, president of CREDAI, has criticised the policies regarding the proposal to hike the lease [...] Continue Reading »
The new leasehold policy announced by the government have not gone down well with the developers. Builders are of the opinion that the hike in lease rates, announced in the new leasehold policy, will affect the monthly rents paid by tenants who occupy old buildings. The builders say that the policy will also further drag [...] Continue Reading »
