Mahesh Prasad
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Impact of new land bill draft
Q: What is the impact of new land bill draft which has been accepted by the Cabinet recently on property prices and demand?

Latest Answer: The new land bill is National Land Acquisition and Rehabilitation and Resettlement Bill, 2011. The thrust of the draft is on compensation based on market value, not less than twice that in urban areas and not less than six times in rural areas. The bill also includes employment provisions for a family member of land-seller and tenant. Consent of 80 per cent of people will be made mandatory except where land is acquired for public purpose. As per my knowledge, the land bill shall have an increasing effect and the property prices are bound to rise, but the property investment is always going to rise. There will be different land acquisition norms for rural and urban areas.

What are some of the tips for choosing Eco friendly architecture in an apartment?
Q: Eco friendly architecture in apartment

Latest Answer: Eco-friendly homes are a latest trend emerging in real estate business. Eco-friendly homes or apartments not only reduce carbon footprints but also brings down maintenance cost and utility bills. Thus they are not only environment friendly but also save your money. Now the Indian Green Building Council (IGBC) has introduced a system of rating green homes. Read more on http://www.commonfloor.com/articles/eco-friendly-homes-a-latest-trend-in-real-estate-1414.html

What is the real estate scenario in Mumbai now?
Q: What is the real estate scenario in Mumbai now? I want to buy a property in the suburbs.

Latest Answer: I think mumbai is quite costly.It depends on the locality where you are want to buy a property.Well you can try areas like navi Mumbai,but again travelling to the main city will be an issue

Info about green building
Q: What is this buzz about green building? what is it all about? Can anyone explain?

Latest Answer: Green building uses the eco-friendly technology and less resources. The environment-conscious people in Kochi have taken a very good step to build green buildings. This is really a great effort to preserve the natural resources that are so essential for human lives.

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