Bilaspur, Haryana Property Guide
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Get Returns From Real Estate Without Buying Property: Understanding REIT Investment In India
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Is it possible to sell real estate without co-owner approval?
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What do you mean by FERA?
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The finest cement for plastering a home
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Bilaspur, Haryana Real Estate News
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What occurs in India if property taxes are not paid for ten years?
Non-payment of property taxes for ten years can lead to severe penalties, legal action, and even foreclosure in India. It's crucial for property owners to understand the implications and address any arrears immediately. -
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CBRE decodes real estate through the spiritual tourism lens
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According to the CREDAI-CRE Matrix report, India’s demand for Grade-A office space will exceed 70 million square feet by 2024.
In Q1CY24, Grade A office space demand in India surged, driven by key cities. CEDAI predicts demand will hit 70 MSF by 2024, supported by economic growth. -
India’s Commercial Real Estate Is On Track For Successful Growth This Year
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DLF is one of the real estate companies on the list of the fifteen most valuable companies in India
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How can a registered mortgage help the borrower as well as the lender?
This article explains the process of registered mortgages in India, detailing application steps, benefits, and how to remove registrations effectively. -
Land Conversion from Agricultural Land to Residential Land
Converting agricultural land to residential or commercial in India requires navigating state-specific laws and obtaining approvals from revenue or planning authorities. The process involves fees and extensive documentation, with timelines varying by state.
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Bilaspur Overview
Bilaspur is often called the "City of Festivals" and the "Law Capital" of Chhattisgarh since it houses the Chhattisgarh High Court. It's a big town in the state. Let’s look at Bilaspur specifically in a real estate way.
Place and Links
- Bilaspur is linked well with big Indian cities like Delhi, Bhopal, and Prayagraj by railway, highways, and an airport.
- The South East Central Railway Zone headquarters are in Bilaspur. It’s a major railway hub.
Real Estate Market Changes
- Property prices start around Rs. 225 per square foot, and the average sits at Rs. 3,722 per square foot.
- Buying and selling properties is lucrative due to good price trends.
Favorite Areas for Homes
- Sakri: It’s connected via highways 7 and 8. Top schools are there. The average price is around ₹2,622 per square foot.
- Mopka: Known for great healthcare services and many hospitals. Average price is ₹2,961 per sqft.
- Sarkanda: Connects Bilaspur’s roads to nearby districts. It has a popular supermarket. Average price is ₹3,212 per square foot.
- Raj Kishore Nagar: Offers well-linked and approved buildings by the city council.
Business Real Estate Chances
- Sirgitti Industrial Area: Linked well by roads and railways, with car, chemical, and food processing factories.
- Mopka: Hosts hotels, schools, stores, and gyms. Prices range from ₹12 lakh to ₹42 crore.
- Vyapar Vihar: Many businesses and commercial areas, ranging from ₹25 lakh to ₹1 crore.
Facilities and Growth
- Bilaspur is among 100 smart cities of the Central Government, with big improvements planned in cities.
- Healthcare is improving. There's an upgrade coming to Bilasa Bai Kewtin Airport.
- Projects like AMRUT are happening.
- The state has put ₹353 crore into various projects: roads, supermarkets, public spaces.
Money-Making Potentials
- Affordable Housing: High demand due to city growth and more people. Great for investors.
- Business Growth: Busy in offices, retail centers, industrial areas.
- Supporting Policies: Government offers lots of incentives, making Bilaspur a top spot for real estate investors.
PropertyWala's Summary
Bilaspur shows promise for real estate investing. Whether you’re buying or renting, its solid links, booming business sector, and growing infrastructure make it appealing. Wide options in affordable and luxury sectors make Bilaspur a bright future spot for property investment. With city growth and government support, making money long-term is possible.