Litigation
Every rich man’s dream is to acquire a property in Lutyens in Delhi or South Mumbai. Perhaps to acquire a property can be quite tedious due to the limited supply. A ray of hope is given by the old owners who are in feud, as most of the businessmen are able to get their dream [...] Continue Reading »
The land disputes in the prime area of Banjara Hills remain unresolved from decades, between government and private parties that claim to be its owners. Up to 140 acres of vacant land in different parts of Banjara Hills worth as much as 3,000 crores is under litigation presently. Claimants of these properties are descendents of [...] Continue Reading »
The National Highway Authority of India (NHAI) is likely to face a push up in the costs levied by The Acquisition Act. The prevailing share of the land acquisition in 24% and this seems to take a rise to 25%-30% in the total project cost. NHAI officials said that in the past 3-4 years an [...] Continue Reading »
Noida Extension is no longer the focal point of realty development after the land row. Property developers are moving to other areas in the NCR. Unlike Noida where those affected are mainly end users, who purchased property due to affordability, in Gurgaon, majority buyers are investors. Haryana has put a cap of 55 apartments in [...] Continue Reading »
