Q:Hi, i wanted to invest in a project in Kochi, and heard about some changes being made to the land acquisition act. How will that affect the real estate market in Kochi?
Latest Answer: If the acquisition is for a private project, consent from at least 80% landowners is required. The NDA government has amended the LA Act exempting this clause. While there might be some political motivations behind the whole thing, the eventual benefit, cannot be put aside.
