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Indian government announced complete ban on international flights in March while countries across the world were announcing restrictions to contain the spread of COVID-19.
Indian and Chinese armies have been clashing in the recent weeks over India-China border dispute and issues related to construction activity near the line of actual control.
Indian government has move ahead with its decision to consolidate some of the public sector banks in order to improve efficiency and have better control over management of these banks.
The government’s recent decision to revoke Article 370 and Article 35(A) is expected to have a positive impact on Jammu & Kashmir’s overall real estate market, which has been quite dismal so far. Property prices in Srinagar, for instance, still hover between INR 2,200 - 4,000 per sq. ft. – significantly low for tier 2 & 3 cities in the country.
On the one hand, locals will finally see an increase in the value of their properties. On the other, the really exciting prospect is the opening up of opportunities for Indians from outside J&K to finally invest in immovable property here. In fact, in his recent address to the nation, the Prime Minister categorically invited various industries - including Bollywood - to make investments across the entire region.