Land Acquisition Bill
The Union Cabinet’s nod to the Real Estate Regulatory Bill has made buyers feel happy and secure; on the flipside, some of its provisions have left the developers panicking. Views of MHUPA Ajay Maken, minister of housing & urban poverty alleviation, said that the bill provides for a uniform regulatory environment to protect consumer interests [...] Continue Reading »
New Delhi: As the Land Acquisition bill is waiting for the finalisation, there has been a sudden upswing in the number of land deals across few states, said the rural development minister, Mr. Jairam Ramesh. The minister said that a significant rise has been observed in land deals in Maharashtra, West Bengal, Andhra Pradesh and [...] Continue Reading »
Confederation of Real Estate Developers Associations of India (CREDAI), which represents the organised real estate developers and builders across the country is planning to aim towards affordable housing, green buildings, water harvesting and skill development among construction workers. In this regard, the realtor body has asked the government to expedite the project approval process. CREDAI [...] Continue Reading »
Delhi- Parliamentary Affairs Minister has called for a meeting of political parties on 7th March with regard to the planning of land acquisition bill. The government wants to move ahead with the bill and also the concern raised over the proposed legislation will be discussed in the meeting which will take place on first week [...] Continue Reading »
New Delhi- With a lackluster realty market last year, the Indian realtors are expecting better market sentiments this year. They have been banking on the important legislation which is supposed to be introduced by the government in the upcoming budget session of the parliament. The budget is expected to create a larger impact on the [...] Continue Reading »
New Delhi- With the start of the New Year 2013, there have been various changes in the realty sector. Two crucial bills, i.e. the Real Estate Regulation Bill and Land Acquisition Bill were be passed in the year 2013. This will further encourage the stakeholder’s sentiments in the next few quarters. This year will also initiate [...] Continue Reading »
Justice and Acting Chief Justice of High Court of Karnataka said that lack of logic in land laws is encouraging land mafia, mainly in urban areas. The existing Land Acquisition Act is the biggest enemy of the common man which has only encouraged land mafia through legislation. High Court Justice said that laws related to [...] Continue Reading »
New Delhi- In a recent declaration by the Union Cabinet, the much expected Land acquisition Bill, 2012 was cleared and will be presented in parliament for the upcoming Budget session. This has eventually created a furor among the real estate developers as they wanted private-to-private land acquisition be off the new land acquisition bill. The developers [...] Continue Reading »
The year 2012 was tough for the Indian real estate sector because of the economic condition and higher construction costs. But 2013 is expected to see an improvement in economic climate and the real estate sector. Anuj Puri, Chairman & Country Head, Jones Lang LaSalle India, a real estate consultancy, said that the Indian real [...] Continue Reading »
Bangalore- With the approval of proposed land acquisition bill, the property prices in India are likely to increase, estimate real estate experts. The land prices and house rates are expected to increase and this is not a good progress for the real estate sector, alleged Lalit Kumar Jain, National President of Confederation of Real Estate [...] Continue Reading »
