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The PREA ESG Momentum award recognizes industry-leading and progressive approaches to ESG points among real estate strategies. The scheme that permits property patrons, who’ve both not paid or paid insufficient stamp obligation on their purchase agreements, to regularize the sale by paying obligation with a nominal penalty, has now been extended till June 30. Local brokers are of the view that investing in properties alongside this corridor could be thought-about each for self use as nicely as for rental earnings. In Mumbai, homebuyers and investors might want to give a critical thought to areas positioned alongside or near the Navi Mumbai Metro that started operations a couple of months again. There are a couple of serviced apartment initiatives also developing in the area, native brokers active within the area stated.

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