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Real Estate Forum on Lands

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: IVRCL Infra has planned to sell some of its land. What is the reason? Which are the lands they are going to sell?
Latest Answer: The reason why IVRCL Infra is selling out their lands is to reduce the debt and to have better finance option in future. The IVRCL Infra only informed that they are going to sell some to the lands in Bangalore, Chennai, Pune, Visakhapatnam and Hyderabad.
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Q: If there are lot of unused government lands then why is the government not utilising the property.
Latest Answer: The government has started listing the unused property and also searching for promoters who will take over those lands. Even the tourism department is also planning to provide their unused for tourism purpose.
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