The BJP has said that the draft Land Acquisition and Resettlement and Rehabilitation Bill 2011, which is now in public domain, is good but cannot be accepted in its existing format. Sangh Priya Gautam, the former Union minister said, farmer should be given the right to sell 100% of their land. In Greater Noida, the […]
Tag: Land
Rate Hike To Delay Realty Projects
Real estate developers see further slump in demand and price correction due to RBI’s move to raise interest rate. Caught between slow demand and rising cost of capital and construction, developers are deferring launch of new projects. Some even fear that ongoing projects may get delayed. Indiabulls’ group spokesperson Gagan Banga said, “Interest rate hike […]
Land Deals At Prime Locations In Metros Losing Its Shine
The soaring land deals in prime location of metro cities, which had scaled astronomical levels in the past few years, seem to be losing steam. The deals being struck this year are at increasingly lower prices than the ones last year. Parsvnath Developers has bought 1.18 acre land, jointly owned by Mahajan Industries and Videocon […]
Land acquisition becomes trend for corporate houses
February 17, Mumbai. As land prices is rising, large business houses now appear to be increasingly aware of their excess property holdings and the valuations it could fetch in addition to their regular stream of businesses. Hindustan Unilever, A multi-national, has an extensive property portfolio. HUL has entered the property development business in a big […]