Chandigarh soon to become a part of the commercial business boom

A business can grow manifold if the interests of all concerned parties are appropriately understood and adhered to, with thorough research, inputs, and opinions. When it comes to Chandigarh it would be quite apt to understand that the administration should give a relaxation on certain norms to safeguard the interest of traders when it comes to multiple ownership of site for amalgamation procedures. It will aid the optimum utilization of the concerned commercial site for best use for mutual business growth as not everyone can afford an expensive property single-handedly.

The Chandigarh Building Rules (Urban) 2017 are based on the Haryana pattern to simplify the building bylaws and save time in procuring building-plan approvals. Bylaws are complex in nature at present and they also vary from sector to sector. Regulatory estate office is working on the process to channelize faster approvals. Also, green-building norms are part of the new rule that has been specified by the Union ministry.

Earlier, where the building-branch took approximately 4 to 5 months in approving residential plans underwent overhauling the process and streamlined the steps to close the process in about a month. This helped to clear about 150 applications. The approval of commercial building was put on hold after the concerned estate office had made self-certification mandatory in the month of July this year. The administration had introduced into Chandigarh conversion of land for use of industrial sites into commercial activity/services in Industrial Area phases I and II. It is therefore important to note that amalgamation is not yet allowed in industrial sites, which were converted into commercial.

Taking the example from Viridian and its developing of World Trade Centre (WTC) at Noida can benefit the traders to come under one roof and create a brand new growth trend for multiple business growth stories. Viridian RED leads in timely execution of its properties and thus can be used as an example for many real estate solutions.