The ministry notified the committee almost a year after the Central Advisory Council (CAC) headed by Union housing and affairs minister Hardeep Singh Puri had decided on the move.
In a meeting with UT adviser Dharam Pal at the UT secretariat, Sector 9 here on Friday, Gupta took up issues regarding sale/purchase of shares in property and permission of temporary roof in central courtyard open to sky pertaining to sectors 7, 8 and 26 on Madhya Marg.
The SC judgement, which came in January, banned apartmentalisation or fragmentation of residential units in the city. The CHCC was given the mandate to preserve the heritage status of 'Corbusian Chandigarh'.
With the infusion of modern amenities and robust infrastructure advancements, Panchkula has emerged as an ideal destination for investment in residential properties.
Interest rates have a significant impact on the real estate market. When interest rates increase, it becomes more expensive to borrow money to buy homes or invest in real estate.
Circle Rate in Property Circle Rate is determined by the District Administration. It varies depending on the city's areas। Circle rate is known by different names in the country. Ready redcorner rates in Maharashtra are called collector rates in UP.
A large number of property owners took out a candlelight march to protest against the ban on share-wise registry, at the Sector 17 Plaza here this evening.
Weekend Investing founder Alok Jain shared a picture of people queuing at the DLF office and tweeted, "Where is the real estate downturn?" Later, Jain said that a DLF broker told him that the entire project of 1,137 flats sold out in three days. Each flat has Rs 7 crores.
Recently, many under constriction buildings had collapsed, without any earthquake, in Zirakpur and Kharar, proving that there was some lapse in the construction and designing plan which brought down the building.
In a statement, the Sushma Group said on Monday that IndusInd Bank has committed Rs 50 crore to its commercial project 'Sushma Capital'. IndusInd Bank has committed another Rs 90 crore fresh funding for its another commercial project 'Sushma Pristine'.