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Home > Forum > Delhi > Real estate News > India Inc. not satisfied with land bill

India Inc. not satisfied with land bill

Q: Hi all, any idea why is India INC not happy with the land bill?

bill
india inc.
land bill
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Replies (5)
1
Hi all, the Land Bill proposes that minimum compensation of the land should be four times the market value in rural areas and in urban areas it should be two times the market value. If the cost is increased like this, then think of the other things which are depending on it..
anish


2
Hey guys, it is expected that the Bill could affect business badly.. so India Inc. is not happy with it..
Arjun


3
Yes, the land costs may abruptly increase.. and as a result of this projects costs will soar and many developers will not be able to afford resettlement and rehabilitation.
Vidya


4
Thanks Vidya.. but what if there is increase in land prices.. will it increase too much?
Kamal


5
Hi Kamal, according to India Inc., the land bill may lead to rise in land prices..
Vidya


6

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