South Indian cities such as Bangalore, Hyderabad, and Chennai have emerged as one of the best-performing real estate markets in the country. While the majority of the other areas across the country reported downward pressure on prices and a reduction in supply, the cities towards the South continued to resist the recessionary pressures and reported price appreciation, albeit moderate, year-on-year. The reasons behind the same can be attributed to limited new launches across the region, focus on completing delayed projects, availability of land parcels at reasonable prices, high retail growth, increased demand from Non-Resident Indians (NRIs) and the development of social infrastructure over several years. Moreover, the availability of excellent healthcare facilities, trained staff, and pleasant climate have made South India one of the most vibrant senior living hubs in India. Those who wish to invest in a safe place for the elderly, in the times of COVID-19 scare, can consider South India, as nearly 65 percent of the overall senior citizen projects are located in this region. Continue reading
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Monthly Archives: September 2020
What is TDR in land?
Transferable Development buy generic levitra in australia key to gain Rights (TDR) is a method by which developers can purchase the development rights of certain parcels within a designated “sending district” and transfer the rights to another “receiving district” to increase the density of their new development. It is used for controlling land use to complement land-use planning and zoning for more effective urban growth management and land conservation. Continue reading
LRS Scheme Telangana
- Government of Telangana, with a view to promote planned sustainable development of both in Urban and Rural areas in the State, are encouraging development through approved layouts.
- However, Government has observed that there are still many unapproved and illegal layouts and such unauthorized layouts, because of their deficiencies in infrastructure puts extra pressure on the local bodies but more importantly, puts the plot owners in such layouts at great inconvenience. Such substandard and unapproved subdivisions of plots defeat the very objective of planned development and severely affects the planned extension of services and amenities by the local bodies.
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