by Manvir Singh Basra | Oct 29, 2023
GTA stands for Greater Toronto Area, which refers to the densely populated and urbanized region in and around Toronto, Ontario, Canada. It includes the City of Toronto and the surrounding regional municipalities of Durham, Halton, Peel, and York.
by Manvir Singh Basra | Oct 29, 2023
GTHA stands for Greater Toronto and Hamilton Area, an extended region that includes not only the Greater Toronto Area (GTA) but also the city of Hamilton. This broader area encompasses a significant portion of Southern Ontario and is characterized by its economic and...
by Manvir Singh Basra | Dec 7, 2023
The term “holdback” in construction refers to a percentage of the contract price that is retained by the payer (typically the owner or the general contractor) until the construction project reaches certain milestones or is completed. The purpose of a...
by Manvir Singh Basra | Aug 18, 2024
Land banking involves purchasing undeveloped or underdeveloped land in areas expected to grow or appreciate in value over time. The investor holds the land, often for several years, with the hope that the land will become more valuable due to future urban development,...
by Manvir Singh Basra | Oct 14, 2023
A master-planned community in preconstruction refers to a large-scale residential or mixed-use development that is carefully planned and designed as an integrated, self-sufficient neighborhood or township. These communities are meticulously crafted with a...
