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Higher inflow of revenues due to realty ascend in Chandigarh

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At the moment when the entire nation is running slow in property sales there is an opposite rhyme at the northern city - Chandigarh. Chandigarh is a union territory and at the same time it serves as the capital city for the neighboring states of Punjab and Haryana. According to the latest information available with the www.propertykhazana.com it was found that the number of land and property registrations has increased to a peak leaving behind the other major cities. This is the record made by the city which is much higher in number as compared to its record of previous years.
For this year of 2008 the State govt. has earned the highest amount of cash flow in terms of stamp duty. The city has observed a huge number of land selling and buying deeds during the last couple of quarters which is very encouraging for the realty circuit of the state.
As per the sources of www.propertykhazana.com the number has raised up to 447 during the July ending of 2008 which is a record breaking altitude for the state land and property registration department. Apart from this the city also added its favor to the state govt. to collect whooping revenue of Rs 7.51 crore for this quarter.
This high rising figures is a favorable signal for the better times in near future for the realty business across the nation as it has suffered a great slow down from the last couple of years due to varied reasons of economy. For more and latest realty updates visit www.propertykhazana.com .
Source: NBTVLIVE

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