Cabinet to consider new land acquisition bill next week
The much-anticipated revision of India’s archaic land acquisition laws will be considered by the Cabinet next week.
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CCI may slap more penalty to DLF and other realty companies
Real estate giant DLF may have to pay Rs.900 crore extra penalty if the Competition Commission of India (CCI) finds it guilty of abusing its dominant market position in three more projects in Gurgaon.
Omaxe sees net debt down at Rs 880-890cr
Omaxe Ltd expects net debt to fall to Rs.880-890 crore by March 31 as it plans to repay debt over the next three quarters, mainly from operations, a top official said on Tuesday, August 9.
Policy framework at fault for Noida Extension impasse
The real estate fraternity today is scared and apprehensive with what happened at the Noida Extension.
Draft land bill curtails government role in acquisition
The UPA government has tried to address the politically sensitive issues of land acquisition and rehabilitation of affected people by shrinking the role of the state in acquisitions.
Resolve vexed NOIDA real estate crisis at the earliest: ASSOCHAM
As more farmers move the court against acquisition of their land in Noida, industry body ASSOCHAM has urged the Centre to take initiative and evolve a consensus among all stakeholders as the crisis gets politicised.
Lack of teeth in Rural Development Ministry gives tainted companies lifeline
The Ministry of Rural Development has decided to get the names of the companies IL&FS Ltd, Infrastructure Kerala Ltd, Marg Ltd, Megha Engineering Infrastructure Ltd and Seri Infrastructure Finance Ltd cleared from the Ministry of Corporate Affairs.
Stronger law on anvil to confiscate benami property, punish offenders
The government plans to enact the Benami Transactions (Prohibition) Bill, 2011, to replace the existing Benami Transactions (Prohibition) Act, 1988.
ASSOCHAM calls for planned and orderly growth of real estate industry
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has called for a strong and transparent regulator for the real estate sector for an orderly growth.
Real Estate Regulation Bill may be delayed
The proposed Real Estate Regulation Bill may be delayed.