Amritsar, Chandigarh to have more 5-star hotels
Leading the initiative is the hospitality management company, Sarover hotels and Resorts, which recently signed an MoU with Vipul Hospitality, a part of Vipul Infrastructure Group
Traffic report on Ludhiana Metro soon
Omaxe, one of the India’s leading real estate companies with a footprint in Townships, IT Parks, and a presence in 30 towns of 9 states is set to develop a world class integrated City at Patiala in a Joint Venture with Patiala Development Authority (PDA).
Service tax to push up commercial property rents
According to the present budget proposal, service tax will be levied on
the rent received from the leasing of commercial properties @ 12.36%.
Landuse change may cost more
Union urban development minister S Jaipal Reddy has advocated the levying of a high conversion charge on agricultural land that will be used for non-agricultural purposes.