Builders look to waive maintenance charges: Report

NEW DELHI: Many developers are looking at Common Area Maintenance (CAM) charges discount or waivers, according to a recent report by JLL India. This has emerged as a significant trend where landlords/developers are either agreeing or reviewing the same with occupiers, said the report.

In Chennai, Kolkata, NCR and Mumbai, developers are open to discuss extra rent free period in cases of new deals, added the report. Majority of the construction activity has largely resumed across the cities except Chennai where it has been slow.