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land acquisition

Court order on Land Act defines guidelines for implementation

Court order on Land Act defines guidelines for implementation
Mr. Jairam Ramesh, Rural Development Minister, says that the Supreme Court judgment upholding the retrospective clause of the new Land Acquisition Act has defines rules for the implementation of a significant clause in the law. He further says that the recent judgment was since last 5 years. He also added that the award was passed [...] Continue Reading »

ROADS SECTOR TO GET A LEG-UP AS INFRA DEBT FUNDS GAIN TRACTION

ROADS SECTOR TO GET A LEG-UP AS INFRA DEBT FUNDS GAIN TRACTION
“We have seen interests from both global as well as domestic investor that is why there is a huge potential for investment in the infrastructure projects. Although we have seen a downfall recently but the market will be in pace in the coming months, “said by IL&FS Financial Services Managing Director and Chief Executive Officer [...] Continue Reading »

Poor truck traffic leads to miscalculations in Highway viability plans

Poor truck traffic leads to miscalculations in Highway viability plans
An analysis of national highway project done by CRISIL Research indicates a drop in the traffic growth in the last couple of years. The common traffic on many national highways has been very low than estimated by the National Highways Authority of India (NHAI). CRISIL researched on 15 national highways and found that the traffic [...] Continue Reading »

Road ministry explores financing options for Delhi-Jaipur Expressway

Road ministry explores financing options for Delhi-Jaipur Expressway
After the new land acquisition law came into force, the Road Transport and Highways (RTH) Ministry is looking for options like real estate development along the Delhi-Jaipur Expressway to finance it as land cost alone has trebled. After the new law came into force the land cost has trebled, the cost of ~11,750 project that [...] Continue Reading »

Land acquisition law responsible for higher highway costs

Land acquisition law responsible for higher highway costs
The highways ministry is getting nervous because the latest land acquisition law could be responsible for increasing the cost of highway construction projects. On one hand, the UPA government claims that the new land acquisition law is its one of the achievement during their current tenure. While on other, projects like the Delhi-Jaipur Expressway being [...] Continue Reading »

Jan 1 taken as cut-off date for land prices by Odisha

Jan 1 taken as cut-off date for land prices by Odisha
The date January 1, 2014, has been fixed by the state government to evaluate the benchmark value of land. On the same day, the revised land acquisition law, the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act (RFCTLAR&R), 2013, came into effect. Land acquisition cases initiated before 2014 will be [...] Continue Reading »

Plans to expedite land acquisition

Plans to expedite land acquisition
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 »

Christians to march to protect land

Christians to march to protect land
In Mumbai, on Saturday, Christians are going to march to Azad Maidan to protest for land acquisition notices issued to various churches and church-run schools. The protest is being conducted under the banner of Save Our Land (SOUL). Activists say, since December they have been approaching various authorities including the municipal commissioner to withdraw the [...] Continue Reading »

High Court Stays Land acquisition

High Court Stays Land acquisition
Land acquisition process of around 321 acres in the Sampla village of Rohtak district has recently been stayed by the Punjab and Haryana High Court. HUDA had proposed to develop a residential sector in the area. The Department of Town and Country Planning, HUDA and the Rohtak Land Acquisition Collector had also been issued notices [...] Continue Reading »

Plans hit as Delhi loses power to acquire land

Plans hit as Delhi loses power to acquire land
Delhi’s development faces a hard time due to lack of full statehood. As per the new central law on land acquisition that was in effect from January 1 the union territories have to vest all powers in centre leaving authorization in land acquisition for projects. Therefore, there is a dusk of ambiguity over at least [...] Continue Reading »



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