BJP
All the ministries have been demanding reforms in the Land Acquisition bill which was passed by the previous UPA government. In a decision, which could have far-reaching consequences on industrial development, the government may simplify the land reforms laws. On Tuesday, the government tabled the Karnataka Land Reforms and Certain Other Laws (Amendment) Bill, 2014. [...] Continue Reading »
Gujarat government has been in newsflash for its several ambitious projects. The idea to connect each village of the state with a road network is one of such aspiring schemes. The government has decided to indulge non-government organisations for funding of these schemes/projects. Nitin Patel, Gujarat State Road and Building Minister announced the agenda during [...] Continue Reading »
A good news for the realty market as Kone Corporation, the world’s second largest elevator manufacturer is setting up a new facility adjacent to its existing Chennai unit exclusively for elevators. They are confident about the growth prospects for the domestic residential housing sector and believe that the real estate industry friendly new NaMo government [...] Continue Reading »
The newly sworn in Government’s main agenda is to improve the infrastructure of the nation and in order to achieve that they have started taking steps to remove the obstacles to investments in large projects across states. To start with they have chosen four stalled national highway projects in Rajasthan and five in Madhya Pradesh and [...] Continue Reading »
If there was anything one could take away from BJP’s election manifesto, it was low-cost housing, thanks to the several mentions in the document. It has now become known that the government may likely grant low-cost housing the status of infrastructure to ensure increased development. An infrastructure status would enable real estate developers to avail [...] Continue Reading »
With BJP-led NDA having won the 2014 general election with a thumping majority, the people of Mumbai are now hoping that the Narendra Modi government will fulfill its promise and change the face of the city by making it ‘slum-free.’ The hopes of the people of Mumbai have been largely kindled by the fact that, [...] Continue Reading »
In this general election, India Inc has featured heavily in the heated exchanges among parties. India’s biggest real estate developer DLF has suffered in the crossfire because of its alleged links to Sonia Gandhi’s son-in-law Robert Vadra. BJP leader Uma Bharti says explicitly on April 12 that Vadra would be jailed if the NDA came [...] Continue Reading »
The Department of Industrial Policy and Promotion (DIPP) will try redrafting the recently enacted Land Acquisition, Rehabilitation and Resettlement Act after the new government is formed. Amitabh Kant, secretary, DIPP points out that the new (land acquisition) Act is extremely bureaucratic, with the introduction of a social impact assessment. It has very time consuming processes. [...] Continue Reading »
The real estate sector facing crisis is neglected by the United Progressive Alliance (UPA) government but now the realty sector is banking its hopes on Narendra Modi and Bharatiya Janata Party (BJP) to improve its prospects. In the phase of economic instability, the real estate sector has been facing some stress. The industry is looking [...] Continue Reading »
The Rajasthan Congress opposed the report which says that Robert Vadra purchased and sold the land and made undue windfall gain in the process. Mr. BD Kalla, Senior Congress leader, says that BJP is raising issues which have no significance. All the dealings done by Robert Vadra was as per the rules. The land was [...] Continue Reading »
