The Gujarat government has planned to drastically reduce the impact fee. The impact fee is a registration charge for legalizing illegal structures in the state's urban areas. According to sources the state urban development department has decided to illegal structures due to the high rate of the impact fee. The government has fixed an upper limit for different categories of buildup areas to be
It is known to all that the South Mumbai business hub of Nariman Point has traditionally commanded Mumbai are moving to cheaper and larger offices to the other areas of the country. There has been a
The Industrial Industries Association (IIA) of Meerut is demanding to locate the industrial area are scattered all over the district it becomes difficult for laborers to find employment and reach the Apart from this government is also struggling to provide water supply, power supply to the industries. To overcome the situation the government has planned to form an industrial belt in the master to build the industrial belt far from the city, the industries associations are demanding to build
buildings have been leased out, pointing to a rush for area to the steep rise in demand for IT parks. Also, most IT clients are looking for furnished spaces , which building owners here are not willing to which have seen a constant rise over the last two years also leads to the situation. While the going
Ahmedabad and Surat has maximum number of vacant houses. A large number of these units belong to investors houses are in chawls of eastern Ahmedabad, once home to most textile mills. Out of total 22 lakh houses are vacant. Of these, about 2.31 lakh vacant houses fall within limits of Ahmedabad Municipal sources say this is mainly due to the fact that Gujarat has been an investor-driven market. Many investors prefer paying the builders but not getting their properties registered to avoid registration