Seeking to address the concern of real estate developers over delay in getting approval of the projects, government today announced the setting up of an expert committee to suggest measures for a speedy clearance system.
RICS has released its research report ‘Real Estate and Construction Professionals in India by 2020’.
The Government will make public the draft Real Estate Regulation and Development Bill, 2011 for comments from stakeholders this week and may subsequently introduce it in the forthcoming winter session of Parliament.
Union Minister for Rural Development Jairam Ramesh today refuted the charge that National Rural Employment Guarantee Act (NREGA) had caused labour shortage in sectors like agriculture and construction.
The much awaited and largely discussed Real Estate (Regulation & Redevelopment) Bill, pending since 2009, is finally been ready and the Government plans to introduce it in the winter session of Parliament after getting Cabinet approval.
Union minister for housing and urban poverty alleviation Kumari Selja has said that the Centre is expected to bring the real estate regulator bill in the winter session.
Despite the strong probability of correction of residential property prices…
We recently saw an unprecedented turn in India’s history, when public opinion and passive resistance led by a small group of ‘civil society’ representatives persuaded a reluctant Government to proceed towards an anti-corruption legislation.
The much-anticipated revision of India’s archaic land acquisition laws will be considered by the Cabinet next week.
Confederation of Real Estate Developers Association of India on Wednesday, August 10, said the property prices would surge if the draft Land Acquisition Bill proposed by the Rural Development Ministry came into force.