How A Redevelopment Spree Has Pushed House Rents By Up To 65

mixed how a redevelopment spree has pushed house rents by up to 65

4 days 👁 9

A casual calculation will reveal that if a developer matches the existing market rental by paying an additional ?5,000, his annual outgo will be ?60,000 per person. If it is multiplied by the number of flats being redeveloped, the additional burden on a builder will run into lakhs.

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