“The new farmhouse policy would have an impact on prices of - TopicsExpress

“The new farmhouse policy would have an impact on prices of builder floors and apartments in many upscale South Delhi localities, because the consumer has an alternative. People spending the kind of money needed to buy a South Delhi apartment would buy a one-acre property, construct 10,000 square feet and stay lavishly,” said Santhosh Kumar, Chief Executive Officer, Operations, Jones Lang LaSalle India. Kumar said many people have already started acquiring land for constructing farmhouses. High-profile corporate houses are on the lookout for land to construct lavish farmhouses for their promoters.

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