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Real Estate Forum on Land Bill

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Q: What is the status of the land acquisition bill? Any latest update.
Latest Answer: The bill is tagged with few upshots that is likely to make infrastructure and manufacturing firms pull their coat while purchasing bigger plots of land, except for the few that are under government ownership. For individuals who invest forth, will be left with no alternative other than relegating the increased cost to all the end-users. Furthermore, even the public private partnership projects which are run by the government,, generally in the energy or road sector, can fall into a crisis due to large acres acquired.
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Q: What will be the impact of land acquisition bill in the real estate market ?

Latest Answer: Hi Guys, According to Finance Minister, it is not a setback. It is set forward. Rather than involve ourselves in political deadlock and remain parked in a traffic jam situation, we should take the possible route, which has lesser political cost, provide greater freedom to the states... and states who want to get benefit out of it, get the benefit out of it.
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Q: i have heard some latest update on land bill. Kindly let me knw
Latest Answer: Check with this Rural Minister has confirmed that there is no turning back from the foremost decision taken. According to public 101 of the 157 amendments could be categorized as typographical and technical. So might be a positive side
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Q: Hi all, any idea why is India INC not happy with the land bill?

Latest Answer: Hi all, the Land Bill proposes that minimum compensation of the land should be four times the market value in rural areas and in urban areas it should be two times the market value. If the cost is increased like this, then think of the other things which are depending on it..
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