#RealtyNewsRoundUp GDCA Leases Out Apartments To Private Buyers
Channel: PropGuide
Date: 2016-03-22

The Greater Cochin Development Authority (GDCA) has begun leasing out highrise constructions to private parties. GDCA failed to find potential buyers for the apartments in these highrises. So far, six apartments have been leased, while GDCA plans to lease out another 25 studio apartments. The flats are being leased out for five years with a five percent rise in rentals every year.

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