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With job losses looming large for those employed in the IT industry, demand for residential realty across Indian IT hubs could be impacted.
In 1Q2017, Pune and Chennai have managed to recover from the fall in office rents seen after the global financial crisis (GFC).
JLL India announced an investment into Zipgrid, India’s fastest-growing technology and knowledge services provider in the community management space.
The Lieutenant Governor of Delhi’s notification of 89 rural villages to urban areas has again brought to the fore the Land Pooling Policy of Delhi.
Gross average rental of the Delhi-NCR office market showed marginal appreciation in 1Q17 compared to 1Q16.
Despite the highest increase seen in Navi Mumbai, it has the most affordable average rent among all micro-markets.
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Even if a housing society permits business activity in a certain case, such activity can still be deemed illegal and be notified accordingly. It is not advisable to take anything for granted, and to have the legality of such an undertaking examined by a qualified lawyer.