Rehabilitation and Resettlement Bill
The new government coming to power led by Narendra Modi will have to make a decision whether there should be certain amendments made towards the Land Acquisition Act of 2013. The decision is vital because land purchasing can become much more difficult as the prices will be increased four times. This is because infrastructure and [...] Continue Reading »
There has been an effort to regulate the real estate sector in India. The recent bills such as Land Acquisition, Rehabilitation and Resettlement Bill, 2011 and Draft Real Estate Bill, 2011 are testimony to that effort. While, the need to regulate the sector has been discussed at length, there are fears that the bills may [...] Continue Reading »
Revenue minister N Raghuveera Reddy in Hyderabad reported saying that the government gave state suggestions and reply over various subjects which could end up with a financial burden on the state. The state government also observed difference in the central government view over the non utilized land and recorded a case if the land was left same for [...] 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 »
There was an unanimous demand from all farmer organizations for a land acquisition bill. The revised draft of the Land Acquisition, Rehabilitation and Resettlement Bill (LARR) has been sent for inter-ministerial consultations. It will be sent for cabinet approval in the first week of September and introduced in the Parliament soon after. The contents of [...] Continue Reading »
