In real Estate, market prices may fluctuate sometimes up and sometimes fall. This increase will also call for some major rise in the clearance of the building plans at several places, which needs to be controlled as the lower and middle income group population won’t be able to afford it. For this purpose the government will have to rethink their decision and has to come up with some concession for the low- income group. All these have challenged the capacity of the common man to build his own house in cities and will also reduce revenue collection through stamp duty. Successive stage would be that, the project will be categorized under Maha Nivesh Yojana, in which the state would support development of exemplary projects in the field of manufacturing Enterprises, tourism, logistics, and wholesale markets.
This will help in fetching mega investments into the state showing outpouring impact on the local economy as well as in state economy as a whole. Now investors are planning to invest in the cities like Meerut, Agra, modinagar etc. If you are planning to invest in Commercial Property in Agra then you are at right places .Findaksh.com is the most demanding real estate company in India. Another benefit of this Yojna is that it would be generating large-scale employment opportunities by identifying new areas of work, new ways to work and new ways to think about work through a special exemption including mixed land use. Land can be allotted to such projects to be developed on land area of minimum 500 acres with a minimum investment of `6,000 crore at a price as decided by the government. So, as a whole 2016 proves to be the best year for investing into commercial property in India. This agreement as a whole will elicit a revolution in the trend faced by commercial property in India since long. A tremendous commercial expansion is on its way.
Commercial Property in India - Findaksh 