Latest Realty News

Centre likely to drop plans to introduce land acquisition bill in winter session
Nov 29, 2014
New Delhi: The Centre is likely to drop its plans to introduce the land acquisition amendment bill this session
DDA approves policy of buying of private land through negotiations
Nov 08, 2014
NEW DELHI: DDA has approved the policy of purchase of private land through negotiations
Land acquisition law may be eased for PPP projects
Nov 05, 2014
New Delhi: The National Democratic Alliance government is planning to exempt public-private partnership (PPP) projects from the need to obtain consent of affected families and the mandatory social-impact assessment, through amendments to the land acquisition law
Land pooling is against SC ruling: CPM
Oct 31, 2014
GUNTUR: Coming down heavily on the State government, CPM affiliated raithu sangham has said that the entire process of land pooling is against the Supreme Court (SC) directives and norms of Land acquisition Act
‘Full land acquisition not a must for green sanction’
Oct 27, 2014
NAGPUR/MUMBAI: Full land acquisition will no longer be a pre-requisite for a project seeking environment clearance (EC)
No full house in real estate show
Oct 05, 2014
The arrhythmia of Greater Noida's housing market is not a boom-bust cycle of rising prices followed by a sharp correction, but rather a prolonged slump of low prices and low demand
Yearly compensation for land losers?
Sep 29, 2014
In a bid to lure farmers and other land owners in the proposed capital area of Vijayawada to part with their land, the Andhra Pradesh government is toying with the idea of paying them an amount between Rs 15,000 to Rs 25,000 per acre per year until the land is developed and a portion of it is given back to them
Law ministry proposes to set up 1800 fast-track courts for land, property, heinous crime cases
Sep 26, 2014
The law ministry has proposed setting up of 1,800 fast-track courts across the country to speed up disposal of cases pertaining to land acquisition and property disputes besides those involving heinous crimes
UP policy allows farmer to be realty project partner
Sep 22, 2014
At a time when issues over land acquisition have stalled several infrastructure projects across the country, the UP government has included certain provisions to its Integrated Township Scheme which are expected to benefit both developers and farmers
Activists protest against move to amend land acquisition act
Sep 16, 2014
Union minister Nitin Gadkari said on Monday that the Narendra Modi government was weighing amendments in the land acquisition act to speed up development projects
Rajasthan Assembly to push land Bill today
Sep 15, 2014
A special session of the Rajasthan legislative Assembly has been called on Monday to pass the new Rajasthan Land Acquisition Bill and to endorse the National Judicial Appointments Commission Act
Govt set to give SEZs a fresh lease of life
Sep 11, 2014
India’s special economic zones (SEZs), stranded for want of state patronage over the past three to four years and which have plunged into a crisis, are likely to regain ground
Can't Direct Govt to Acquire Land, says High Court
Sep 11, 2014
A High Court division bench headed by Chief Justice D H Waghela has denied permission to a woman who wanted to develop her piece of land near the Srirangapatna fort
Govt initiates land identification process for IIM-Odisha
Sep 02, 2014
While people from different parts of Odisha are raising demands for location of the proposed IIM (Indian Institute of Management) in the state in their respective area, the state government has started the process of land identification for establishment of the premier institute
Digha land protest
Aug 31, 2014
Hundreds of landowners and residents in Rajiv Nagar-Digha today staged a protest against paying the housing board for regularisation of occupancy
Will oppose move to change land Act, Medha says
Aug 27, 2014
Social campaigner Medha Patkar here on Tuesday said any move to change the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, by the Narendra Modi government will be strongly opposed
Tweaking rules for development
Aug 18, 2014
Struggling to acquire land to set up the new capital as well as industrial corridors and national institutes, the Andhra Pradesh government is mulling fixing a higher cap on acquisitions by private parties.
Mahindra makes a bold bet on affordable homes
Jul 09, 2014
MUMBAI : The Mahendra group's recent foray into affordable housing is significant for two reasons. For one, it is after a long hiatus that a big business house has ventured into real estate. In the 1990s, many large groups, especially those with land banks in prime locations, had drawn up fancy plans for the sector but quietly retreated when they realised the complexities of the business. (Land is a state subject and so, each market has its own sets of rules and regulations. There are, therefore
Brahma Management to invest Rs 3,000 crore in Indian real estate sector
Jun 20, 2014
Nine years after it was formed, New York-based Brahma Management has lined up big investments for the Indian real estate market . Brahma, an FDI-funded investment and asset management company, has already invested around Rs 2,500 crore in the sector and has plans to put in another Rs 3,000 crore over the next two years.
Infra sectors to be hit by high land cost
Apr 29, 2014
DELHI: There is a growing clamour against the provisions of a new land acquisition law with several infrastructure sectors - from road, to railway and power - fearing a three-fold jump in acquisition cost due to the new legislation.
Plans hit as Delhi loses power to acquire land
Feb 26, 2014
DELHI: Lack of full statehood has now become a hurdle in the path of Delhi’s development. A new central law on land acquisition that came into force on January 1 leaves the union territories with no say in land acquisition for projects, vesting all the powers in the Centre. As a result, there’s a shadow of uncertainty over at least 15 development projects in Delhi, besides the Metro’s expansions plans.
Noida Extension flat owners express concern over Allahabad High Court ruling
Feb 09, 2014
GREATER NOIDA: With the Allahabad High Court recently asking the authorities to return land acquired at Patwari village to its original owners, the Noida Extension Flat Owners Welfare Association (NEFOWA) today expressed its concern over the development.
SC okays revocation clause in land acquisition law
Feb 07, 2014
DELHI: In pursuance of this, 18 appeals were filed before the SC, invoking application of the clause. In all of these, five or more years had passed since the acquisition award under section 11 of the Land Acquisition Act, 1894, and the applicants/petitioners had refused to accept the compensation. Given the new rights in the legislation, allowing pending litigation to be reviewed and retrospectively annulled, these parties approached the SC.
Kolte-Patil Developers completes acquisition of land in Pune for Rs. 350 crore
Feb 06, 2014
MUMBAI: Pune-based real estate developer Kolte-Patil has completed the acquisition of a 34 acre land parcel at Wakad, Pune for approximately Rs. 350 crore.
Protests Mounting against Land Acquisition Move
Feb 06, 2014
KERALA: When a few applicants, including local residents and building designers, from Chanthavila and Kattayikonam divisions visited the Kazhakkoottam zonal office and City Corporation office for a building permit last year, they were in for a shock as their applications were rejected.

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