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land acquisition

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Land Acquisition Bill – An impediment to development

As per leading real estate experts the Land Acquisition, Rehabilitation and Resettlement Bill which has been introduced in Parliament is a luddite proposal which could impede all economic development.   The Bill implicitly assumes, that every type and kind of development is harmful as it displaces people and eradicate traditional jobs instead of perceiving or […]

Land Acquisition and real estate

Here is how the Land Acquisition bill miffed Indian real estate

Introduction of government amendments generally brings to pass an atmosphere of elation among the people, however, the recent land acquisition bill has a different tale to tell. Putting aside the sluggish economy and the present condition of the realty market, government framed the new bill, which will fire up the property prices and turn the […]

Major Infra projects hounded by Cost and Time escalations

Most major infra projects seem to be at a standstill, with roads and highways being the most badly effected sector. According to reports regarding the progress of these projects which are available with the Ministry of Statistics and Programme Implementation (MOSPI), 89 among the 149 major national highway projects, accounting to 60% of the projects […]

ranjan.j

SEZ land monetised by developers

CHENNAI: An interaction of export oriented units (EOU) and special economic zones (SEZ) was organized within the city recently by the Export Promotion Council for EOUs and SEZs (EPCES) in association with the Madras Export Processing Zone (MEPZ) for resolving issues faced by these units.   The responsibility of conducting a study on revisiting SEZs was […]

NHAI : Govts liability to complete project

The contractor of the Port-Maduravoyal elevated corridor project has demanded payment of a further Rs. 103 crore, as compensation for delays in delivering land, idling interest and charges, from the state government. An additional affidavit was recently submitted by the National Highways Authority of India (NHAI) with the Madras High Court which declared that all […]

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