Punjab real estate
CHANDIGARH: In an attempt to expand enduring businesses in the state, Punjab has determined to ‘liberalize’ its enduring municipal building bylaws by contributing recreations that would execute the bylaws for both commercial and domestic buildings at par with another state. After due examination, it was believed that the existing building bylaws in the state are a little harsh [...] Continue Reading »
The realty firm ATS Infrastructure has announced that it will invest around Rs 600 crore on a housing project “ ATS Lifestyle” in Punjab. ATS Lifestyle spreads over 22 acres and comprises of 300-acres integrated township situated at Dera Bassi near Chandigarh. According to the ATS Group Managing Director Getamber Anand, the project will have [...] Continue Reading »
Developers in Punjab has opposed the state government’s move to levy social infrastructure cess on property transactions. Confederation of Real Estate Developers’ Associations of India (CREDAI), Chairman, Anil Chopra stated that it would hit demand in the real estate sector which is already undergoing slowdown. Poor demand in real estate sector can be gauged from [...] Continue Reading »
Experts have said that real estate investment are expected to go up significantly in Punjab in the days to come due to the state’s political stability and the rupee-dollar volatility. A recent study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) titled Growth Agenda for Punjab noted that Punjab had 49.7 percent [...] Continue Reading »
