IndianPropertyLawyers

Land Acquisition Bill 2013- Provisions and Compensation
The Land Acquisition Bill has finally come into force from 1 January, 2014. The Bill – Right to fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 – was enacted in 2013 and was passed by both the houses (Rajya Sabha and Lok Sabha). The Bill, that replaced the old “Land Acquisition Act, 1894, addresses […]

What is the difference between Fixed Price Contracts and Cost plus Contracts?
Construction contracts are the contracts negotiated and entered into by and between the developer(s) and the construction contractor(s) for construction of a particular project or set of projects. These contracts are mainly of two types-Fixed Price contracts and Cost plus contracts. Fixed Price Contracts Under this type of contract, the construction cost of the entire […]