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land acquisition

DMRC wants to speed up land acquisition for bridge construction in Kochi

DMRC wants to speed up land acquisition for bridge construction in Kochi
The Delhi Metro Rail Corporation requested the District Collector to speed up land acquisition for starting the construction work of the four bridges for the proposed Moolampilly-Chathanad four-lane road. According to a higher official of DMRC, the construction of the bridges are likely to start in a month. The requisite fund for the project and [...] Continue Reading »

DLF stopped construction in Pinjore

DLF stopped construction in Pinjore
With the order by the Supreme Court (SC), DLF builders stopped the construction of the Kalka-Pinjore Urban Complex. The villagers of Islamnagar files a special leave petition challenging the land acquisition. The Haryana Urban Development Authority (HUDA) also has to stop its construction activity on the same land in question. Earlier the high court had [...] Continue Reading »

Construction of IIM-Ranchi and NUSRL campus has stopped

Construction of IIM-Ranchi and NUSRL campus has stopped
The government of Jharkhand is saying that the 227.71 acres of land at Nagri were acquired by the undivided Bihar in 1957-58. During that time the government acquired those lands for the construction of a seed farm of Birsa Agricultural University (BAU). However the seed farm was not constructed and also 128 property owner refused [...] Continue Reading »

Real estate investors in India are planning to raise funds

Real estate investors in India are planning to raise funds
The Triangle Real Estate India Fund LLC (TREF), planned to start its real estate investment fund raising program of $200 million from July 2012. The investment firm is looking at its major investors for the fund raising program. They also set a time line of 12 months to complete the raising program. They will invest [...] Continue Reading »

Disposal of garbage to be followed up in Goa

Disposal of garbage to be followed up in Goa
Goa finally has decided to put an end to garbage issues which was prevailing since long time. The Mapusa Municipal Council (MMC) has therefore decided to construct a garbage treatment plant at Cunchelim. In the next two years a garbage plant is expected to start as MMC officials have acquired 32,000 sq m of land [...] Continue Reading »

Urgency clause dropped from land acquisition rule

Urgency clause dropped from land acquisition rule
The Yamuna Expressway Industrial Development Authority (YEIDA) dropped the urgency clause for acquiring village lands. The decision has been taken after the order ruled out by Allahabad high court. According to the order any land acquired from the farmers without hearing objections should be returned to them. Farmers are also ready to sale the lands [...] Continue Reading »

PE investment in real estate reduced in last quarter

PE investment in real estate reduced in last quarter
The private equity firms invested $279.53 million into Indian real estate projects in the first three months of 2012. The investment amounts are recorded low compared to the investments made in the same time period of 2011. The recent transactions transferred the investment area from construction state to the entry state of land acquisition. The [...] Continue Reading »

Trichy residents protest against a service road

Trichy residents protest against a service road
Residents in Trichy have been protesting against a service road for past six years. The protest has again gained momentum after the officials inspected either side of the road for land acquisition. The 14 km stretch between Thuvakudi to Old Palpannai on NH 67 will be developed into a service road and all the schools, [...] Continue Reading »

Integrated township between Delhi and Jaipur

Integrated township between Delhi and Jaipur
An integrated township adjacent to greenfield expressway between Delhi and Jaipur has been planned by the Road Transport and Highways (RTH) Ministry. In a recent meeting held in the presence of RTH Secretary AK Upadhyay, senior officials of NHAI, DG (Roads) C Kandasamy decided to launch a township. It has been clearly said that there [...] Continue Reading »

Residential projects delayed by 4 years!

Residential projects delayed by 4 years!
How annoyed would be the property buyers when they were promised to get their houses within two years from the time of booking. Similar is the case in the national capital region Delhi NCR. One of the residential projects commenced during year 2005-06 has not yet been completed which was supposed to be handed over [...] Continue Reading »



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