Land compensation under new law: HUDA
Jan 17, 2014
Source : The Times of India

 

DELHI: Villagers objecting to the acquisition of 700 acres of land in Gurgaon by the state government last December were on 16 January assured that they would be compensated according to provisions of the new Land Acquisition, Rehabilitation and Resettlement Act 2013. The new law came into force on January 1, 2014.

The villagers had objected after the government served them land procurement notices last year under Section 4 of the Land Acquisition Act, 1894.

HUDA administrator P C Meena on 16 January said land owners’ rights would be protected even if the notifications were issued under the old Act.

Though the process of land acquisition for various infrastructure projects such as roads, Metro station, storm water channel, public utilities, colleges, hospitals among others, procurement notifications were issued only last November and December.

“These notifications will in no way jeopardize the interests of the farmers and land owners since the award for compensation is to be announced after January 1 this year,” said Meena.

Landowners will also get benefits as stipulated under the Right to Fair Compensation and Transparency in the new Act.

“The rehabilitation and resettlement package mentioned in the new Act would also be made available to the land owners even though the notifications were issued under the old Act,” said Meena.

Latest Realty News

Gurgaon build plans below 100 sq m may get nod
Jan 17, 2014
DELHI: The MCG House meeting on 15 January discussed a proposal wherein plots whose size is less than 100 sq m will also get their building plans sanctioned. At present, the building plans of only those plots which are above 100 sq m are approved by the MCG.
Supertech partners UK's designer yoo Worldwide for housing projects
Jan 17, 2014
DELHI: Realty firm Supertech has roped in UK-based yoo Worldwide to do interior designing for its two luxury housing projects in Gurgaon.
World's ultra rich hold a fifth of their wealth in real estate
Jan 16, 2014
DELHI: The world's super rich people hold a fifth of their wealth in property, estimated at USD 5,328 billion, while Asia's ultra rich have a greater share in real estate, a report says.
World's Ultra-rich Hold a Fifth of Their Wealth in Real Estate
Jan 16, 2014
DELHI: The world's super rich people hold a fifth of their wealth in property, estimated at USD 5,328 billion, while Asia's ultra rich have a greater share in real estate, a report says.
Gurgaon most prosperous city in India, Chennai second: Report
Jan 16, 2014
GURGAON: Credit rating agency Crisil has confirmed what many had suspected for long: that newbie Gurgaon has emerged as the most prosperous city in the country, leaving the country's financial capital Mumbai way behind.
World's ultra-rich hold a fifth of their wealth in real estate
Jan 16, 2014
DELHI: The world's super rich people hold a fifth of their wealth in property, estimated at USD 5,328 billion, while Asia's ultra rich have a greater share in real estate, a report says.
Girija Vyas launches Housing Start up Index Logo for Rajiv Awas Yojana
Jan 16, 2014
DELHI: Girija Vyas , Union Minister for Housing and Urban Poverty Alleviation has launched the Housing Start Up Index (HSUI) logo, web site and monitoring tool “Integrated Urban Poverty Monitoring System” (IPoMs) for JnNURM and Rajiv Awas Yojana ( RAY) here today.
Unitech in talks to sell two hotels in NCR for about Rs 600 crore
Jan 16, 2014
DELHI: Realty major Unitech plans to sell its two hotels in Noida and Gurgaon for an estimated Rs 600 crore as part of the strategy to divest commercial properties.
Unitech to sell two hotels near Delhi, land parcels in southern cities
Jan 16, 2014
DELHI: Unitech, India's fourth-biggest real estate firm, has put two hotels near Delhi and some land parcels in southern cities on the block as it seeks to raise 800-900 crore to pare debt, two people close to the development said.
DDA set to clear plan for housing projects in outer Delhi
Jan 15, 2014
DELHI: The Delhi Development Authority is close to clearing a plan that could open up new areas in the city for housing projects. DDA's board of directors last week decided to take up final public suggestions on the move before it clears the proposal, probably in its next meeting.

Latest Realty News Of State

Realty Talk's