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<ul><li>This will become effective from May 26, an official statement said. <keyword id="6355192" type="COMPANY" weightage="20" keywordseo="Lucknow">Lucknow</keyword> District Magistrate Abhishek Prakash said shopping complexes in the containment and buffer zones, will continue to remain closed.</li><li>Shopping complexes where shops are opening should ensure that only one-third shops are open, and that social distancing is strictly adhered to.</li><li>Entry to persons above the age of 65 years, children below 10 years and pregnant women should not be allowed, </li><li>There should be thermal scanners and sanitisers at the entrance of every shopping complex. </li></ul> The Lucknow administration on Saturday announced that centrally air-conditioned shopping complexes in the city can function without operating the air conditioners, in view of the lockdown 4.0 guidelines to combat coronavirus pandemic. This will become effective from May 26, an official statement said. Lucknow District Magistrate Abhishek Prakash said shopping complexes in the containment and buffer zones, will continue to remain closed. Shopping complexes where shops are opening should ensure that only one-third shops are open, and that social distancing is strictly adhered to. Entry to persons above the age of 65 years, children below 10 years and pregnant women should not be allowed, the statement said. There should be thermal scanners and sanitisers at the entrance of every shopping complex. Staff of every shop which is open must wear gloves and masks, and details of every visitor should be noted down, it said. The Chief Medical Officer must be informed if COVID-19 symptoms are found in any visitor at the shopping complex. The shops in the shopping complexes will open on decided days from 7 am to 7 pm, the statement added. Regular sanitisation of shopping complexes should be done using mixture of 3 per cent bleaching powder and 1 per cent hypochloride solution. Only four persons should be allowed in a lift (if any) in a shopping complex. A lift operator should be present, and the lift should be sanitised after every hour, it said. Shops in Aminabad, La Touche Road, Nazirabad, BN Road, Cantt Road, those located from Kaisarbagh crossing to Kaisarbagh Bus Stand crossing, Kaisarbagh Bus Stand crossing to Maulviganj crossing, Maulviganj to Rakabganj crossing, Hewett Road, Lalbagh, Jai Hind market, Nadan Mahal Road, Charak crossing to Medical crossing and then to Covention Centre, Nakkhas market, area around Ali Jaan mosque in Cantonment and bylane-5 Nishatganj-will remain closed, the statement

These are the new guidelines for reopening shopping complexes in Lucknow — thermal scan every visitor, and no air conditioning

Ghaziabad, Apr 8 () Markets here witnessed a sudden influx of customers panic-buying essential commodities on Wednesday after the Uttar Pradesh government announced that COVID-19 hotspots in the state, including in Ghaziabad, will be completely sealed off till April 15. The state government's decision to completely seal off coronavirus hotspots in 15 districts to stop the spread of the infection triggered panic buying as the earlier news reports wrongly said that entire districts will be sealed off. Several people here rushed to stores apprehending a scarcity of essential items in the coming days. Some locals complained that they were charged exorbitantly for vegetables and other food items. Seeking to counter the situation, police teams made announcements informing the public that a curfew has not been imposed. District Magistrate Ajay Shankar Pandey and Senior Superintendent of Police Kalanidhi Naithani shared two video clips with the media in which they appealed to the people not to panic. The officials said no curfew will be imposed in the district and only those places would be sealed off where some confirmed COVID-19 cases have been detected. The lockdown would be strictly enforced like before, they added. The DM said 13 hotspots in Ghaziabad, including Pasonda village, Vasundhara Sector 2B, Oxy Homez in Bhopura, have been sealed off completely. He said officers have been deputed to ensure adequate supply of daily need items in these areas. "The public has been advised not to roam the roads and those violating the orders will be strictly dealt with. The supply of essential commodities will not be affected and they would remain available as usual," DM Pandey added. CORR CKCK

Panic buying in Ghaziabad after UP orders sealing of COVID-19 hotspots

The COVID-19 era presents a radically transformed real estate market, with preferences changing to accommodate new market realities. With work-from-home a viable option even after the lockdown, many future homebuyers will shift to the <keyword id="9273365" type="UNKNOWN" weightage="20" keywordseo="peripheral-areas">peripheral areas</keyword> for bigger homes and a better lifestyle - at more affordable prices, say reports. <div type="Article" hostid="261" msid="76198588" title="‘Home prices have to fall’⁠— Indian government’s stern message to realtors has other backers too" mstype="2" mssubtype="0"></div> With the rise of Work-From-Home (WFH), the 'walk-to-work' concept may lose some sheen prospective homebuyers will see sense in shifting to city peripheries, among many trends. The previous 'gold standard' of Indian housing - the walk-to-work/ short drive to work, by definition only in and around central corporate workplace hubs - may shed some of its popularity for the middle class. "The work-from-home concept may become the next fulcrum for home buying decisions, where the walk-to-work option had held the longest sway," says Anuj Puri, Chairman - ANAROCK Property Consultants. "This, and millennials' new-found preference for buying rather than renting homes, are among the most prominent new residential real estate trends of the COVID-19 era. With the rise of the WFH culture, many may now prefer to live in more spacious and cost-effective homes in less central areas. While sufficient supply currently exists in most of the peripheries, this new demand will eventually also dictate fresh supply. Bigger homes, affordable prices and more generous open spaces in the peripheral areas will draw demand from tenants and buyers alike," Puri adds. Affordability and Price Quotient Apart from changing real estate consumer preferences in a strengthening WFH environment, affordability is an enduring concern especially to the backdrop of an ailing economy and job loss/uncertainty. The peripheral areas are more affordable both from a rental and purchase perspective. The cost analysis of real estate difference for the country's three largest economic dynamos - MMR, NCR and Bengaluru are as follows: In NCR, the average price for a standard 1,000 sq. ft. property in areas within city limits is approx. Rs 88.20 lakh, against Rs 37.50 lakh in the peripheral areas  a 57 percent cost difference. Micro-markets within city limits considered include Vaishali, Vasundhara, Indirapuram, Noida, Golf Course Ext. Road, Sushant Lok, <keyword id="6385900" type="PERSON" weightage="20" keywordseo="Dwarka-expressway">Dwarka Expressway</keyword>, New Gurgaon, Dwarka, etc. Peripheral areas include Ghaziabad-Rajnagar Extension, Faridabad, Greater Noida, Sohna, Bhiwadi, Bahadurgarh, etc. Average monthly rent for a standard 2BHK home in areas within city limits is approx. Rs 22,000, against Rs 9,500 in the peripheries. In MMR (Mumbai Metropolitan Region), the average price for a standard 1,000 sq. ft. property in areas within city limits is approx. Rs 1.85 crore, against Rs 55.35 lakh in the peripheral areas a 70 percent cost difference. Micro-markets within city limits included Andheri, Vile Parle, Goregaon, Malad, Kandivali, Chembur, Wadala, Ghatkopar, Vikhroli, Powai, Mulund, etc. Peripheral areas include Kalyan, Bhiwandi, Dombivli, Mira Road, Vasai, Virar, Thane beyond Kasarvadavali and Owale Panvel, Ulwe, Taloja, etc. Average monthly rent for a standard 2BHK home in areas within city limits is approx. Rs 45,800, against Rs 12,500 in the peripheries. In Bengaluru, the average price for a standard 1,000 sq. ft. property in areas within city limits is approx. Rs 69.80 lakh, against Rs 43.50 lakh in the peripheral areas  a 38 percent cost difference. Micro-markets within city limits considered include Sarjapur Road, HSR Layout, Kudlu Gate, Singasandra, Hebbal, Jakkur, Yeswanthpur, Jalahalli, Whitefield, Marathahalli, KR Puram, J P Nagar, BTM, Jayanagar, Banashankari, <keyword id="230372" type="PERSON" weightage="20" keywordseo="Kodigehalli">Kodigehalli</keyword>, etc. Peripheral areas include Attibele, Electronic City, Yelahanka, Doddaballapura Road, Varthur, Budigere Cross, Kanakapura Road, Tumkur Road, <keyword id="27934" type="LOCATION" weightage="20" keywordseo="Mysore">Mysore</keyword> Road, Kogilu Cross and International Airport Road (Bellary Road). Average monthly rental for a standard 2BHK home in areas within city limits is approx. Rs 18,500, against Rs 9,500 in the peripheries. Rent vs Buy The rent vs buy debate involves many highly subjective factors. However, since millennials are increasingly interested in homeownership post-COVID-19, it is worthcalculating what works better for most in the current circumstances. Data reveals that the 5-year rental outgo for tenants living within city limits is equivalent to 27-52 percent of the total property cost in the peripheries of the top 3 cities (MMR, NCR and Bengaluru). Therefore, there is a strong rationale for homeownership in the peripheries. Also, the current home loan interest rates are at an all-time low, averaging around 7.15-7.8 percent - with the possibility of more reduction as the RBI recently cut repo rates even further to 4 per cent. In NCR, the average monthly rental outgo in city-limit areas is Rs 22,000. For five years, this equals nearly INR 13.77 lakh (including standard rental escalation for this period). This is almost 37 percent of the total average cost of a property in NCR's peripheral areas. In MMR, the average monthly rental outgo in city-limit areas is INR 45,800. For five years, this equals nearly INR 28.66 lakh (including standard rental escalation for this period). This is almost 52 percent of the total average cost of a property in MMR's peripheral areas. In Bengaluru, the average monthly rental outgo in city-limit areas is INR 18,500. For five years, this equals nearly INR 11.57 lakh (including standard rental escalation for this period). This is almost 27percent of the total average cost of a property in the peripheral areas. SEE ALSO: <a href="https://www.businessinsider.in/india/news/data-of-coronavirus-patients-state-wise-in-india/articleshow/74669748.cms">Coronavirus cases in India state wise</a> <a href="https://www.businessinsider.in/topic/coronavirus">Coronavirus News and Updates</a>

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These are the new guidelines for reopening shopping complexes in Lucknow — thermal scan every visitor, and no air conditioning

PTI

Panic buying in Ghaziabad after UP orders sealing of COVID-19 hotspots

PTI

Work from home impacts real estate and housing choices

IANS

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