Agricultural land
There has been a lot of negativity around the Land Acquisition, Rehabilitation and Resettlement Act of 2013. The Narendra Modi-led NDA Government may face stiff resistance in amending this act. Most of the BJP-ruled States demanded the repealing of the Act at a recent meeting of Revenue Ministers. Rashtriya Swayamsevak Sangh (RSS) in two minds about [...] Continue Reading »
The Delhi government is set to hike circle rates by the end of this month, in an attempt to rationalise property rates in the Capital. Circle rates were likely to go up by 20 per cent to 60 per cent after the revision, as per the information received from the officers of Revenue department. Revenue [...] Continue Reading »
The west Delhi MP Mahabal Mishra has gained the most from the city’s real estate boom. In the last five years there has been the continuous increase in the assets of Mr. Mishra and his wife. The property of Mr. Mishra valued at Rs2.75 crore in 2009 whereas the current value of their property is [...] Continue Reading »
The Karnataka State Cabinet recently took a decision to amend relevant Sections of Karnataka Land Revenue Act, 1964, and Karnataka Land Reforms Act, 1961, for the purpose. As per the sources the government suggested to take up the process of granting permission to purchase agricultural land by industrialists and simultaneously clearing land conversion applications to lessen [...] Continue Reading »
Brinda Karat of CPI(M) against the acquisition of agricultural land by private companies in Sonahatu block in Ranchi district. CPI (M) pledged to fight against acquisition of agricultural land by private companies in the Sonahatu block in Ranchi district for their proposed plants. Brinda Karat addressed a public meeting at a village in the block, [...] Continue Reading »
Mumbai- With the Finance Bill 2013 improving the distance and population criteria for determining agricultural land as a capital asset without levying any capital gains tax, land transactions around smaller towns are expected to increase. This move has eased norms for realtors and corporates looking to buy plots around small towns and cities now. A [...] Continue Reading »
New Delhi- As per the new Master Plan of Delhi, if a part of any property comes in the way of a development project which is carried by Delhi Development Authority, then the DDA will have complete right for land acquisition, but in return, as a part of compensation, the Authority has to give additional [...] Continue Reading »
The new contractors hired by the Bruhat Bangalore Mahanagara Palike (BBMP) were initiated to start the work from December 1. But the contractors have failed to keep up their word. The contractor was expected to begin work in five packages coming under the Yelahanka zone. But due to inadequate manpower and machinery, the work could [...] Continue Reading »
Delhi- Delhi investors are excited at the proposal of development of country homes in the green belt of Delhi – in Zone N (Northwest) and Zone L (Southwest). These zones have recently witnessed the release of agricultural land. Delhi Development Authority (DDA) has proposed that farmhouses of one-acre size shall be constructed in the green [...] Continue Reading »
Mumbai- Real estate builder Royal Palms India is planning to sell four of its hotels in the city and hope to boost around Rs 2, 500 crore regarding enlargement as well as diversification in the farming industry. They have already bought 300 acres of agricultural land and planning to harvest high-paying crops, from grains to [...] Continue Reading »
