land owners
The Real Estate regulatory bill in Mumbai is soon expected to come into use end of this financial year. Kumari Selja the Union minister for housing and urban poverty alleviation reported saying that the ministry is looking forward with the bill legislations and later on every state will be permitted to frame their own real [...] Continue Reading »
The High Court of Bombay has filed a case against the changes proposed on the Building Control Act, 1968. Justice Salvi reported saying that as per his observations the rent controller has no power to amend the law and with the orders given by the High Court. When a writ petition was passed over this [...] Continue Reading »
Confederation of Real Estate Developers Association of India (CREDAI) says that land owned by private companies should not be considered under the land acquisition bill as this would lead to a rise in land cost very soon and affordable houses would soon become a dream. According to the bill introduced in Lok Sabha the rehabilitation [...] Continue Reading »
New land acquisition law has been cleared by Union Cabinet on Monday.The bill, which seeks to replace colonial era legislation and hopes to draw a line under a hugely sensitive issue, offers generous compensation for land owners in the form of subsistence allowances, annuity payments, employment and a share in any future appreciation of the [...] Continue Reading »
Residents of Ayyappa Society at Madhapur woke up to a chaotic Monday morning. Over 700 police personnel were stationed at the site to deal with any trouble, as plot owners/builders opposed the demolitions. The demolitions brought traffic at Madhapur market area to a standstill. Other roads leading to the society were also closed by the [...] Continue Reading »
