Latest Property News on 'Chandigarh'

Stone of new housing project laid

A leading real estate company Amariss has started to develop 180 flats in three acres of land in Sunny Enclave (Desu Majra) Kharar. Minister for Local Bodies and Parliamentary Affairs Chaudhary Jagjit Singh laid the foundation stone of the project and also participated in its bhumi pujan today evening.

Director of the company, Tejinder Bhatia, while addressing mediapersons said that these flats have been named Vrindavan Apartments. Read More »

Chandigarh rises from the North

The realty boom is not restricted to metro cities any more. Due to some local and general factors, the property value is rising in the non traditional markets like the city of Chandigarh. The prices have continuously appreciated during last four years.

Some of the factors behind the price appreciation being setting up of new technology parks, spill demand over from overcrowded metros like Delhi, falling home loan rates and excessive liquidity because of liberal credit policies. Affluent people are willing to buy independent houses instead of apartment or flats even if it is on the outskirts of the city which is available at the same price of a flat inside the city. Read More »

Real estate scam: Uproar in Punjab Assembly

CHANDIGARH: The alleged real estate scandal in Ludhiana on Friday rocked the Punjab Assembly with main opposition Shiromani Akali Dal demanding a CBI probe into the issue after moving an adjournment motion in the House.

The house witnessed pandemonious scenes on the issue and Speaker Kewal Krishan had to adjourn the House twice after an uproar on the “scandal” from Akali legislators. Read More »