La Prisma Real Estate Developers

Lease Rate is the amount of money that is paid over a certain duration of time for the purpose of renting an asset including a real estate property. La Prisma, real estate developers in Zirakpur , would like to enlighten the reader with a basic understanding of what Lease Rates are: The Exchange The lender of the asset earns a lease rate from the person that he allows to make the use of his asset as compensation for himself not being able to make use of that property for the time period of the lease. Most of the times, individuals or companies enter into a lease agreement because of their inability to purchase the property as a whole or for other business-related issues. Lease Rate Factor The lease rate factor is used to interpret the lease rate or the rental payment of the property in the form of a percentage of the total asset cost.In the world of commercial real estate, this lease rate to occupy a given space is stated in the form of a certain amount per...

The Government of India under the tenure of Prime Minister Narendra Modi launched the “100 Smart Cities Mission ” in 2015. The vision of the project is to develop an area in about a hundred cities across the nation as models that follow an area development plan. The expected result of the mission is to have these selected cities act as a lighthouse of inspiration for other neighbouring cities and towns who aspire to develop similarly. It is difficult to generalise and form a universal roadmap for every city to follow and abide by, with each city being so far apart in characteristics from another. However, certain guidelines and parameters have been set by the government to make the mission a success.  La Prisma, the best real estate developers in zirakpur want to bring to your attention one of such initiatives taken by the Ministry of Housing and Urban Affairs –SmartNet initiative. The requirement of an immersive platform that would provide a space for various sta...