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Change in Land Acquisition Bill

Q: I heard that FICCI has asked to make changes in Land Acquisition Bill. What are the changes to be done?

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Replies (5)
1
The Bill is on hold as FICCI is concerned on the after affects of the bill.. It thinks that this bill will not be favourable for overall economic development of the country. There is a strong need of few changes..
Nikhil


2
Are the land rates going to increase so much? Then what will buyers do? Is the Bill going to be passed then?
Sumanam


3
Yes Nagesh, it is expected that the land rate will be increased by at least by three to four times.
13th September 2012
Comment


4
But will this affect real estate sector in any way?
nagesh.k1980


5
FICCI is concerned about the high rehabilitation and resettlement (R&R) cost to be incurred by industry as mentioned in the Bill.. That's why it has asked for making few changes..
Nandakishore


6

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