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.
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Coimbatore’s golf-themed realty developer lures NRIs
Developer of a golf-themed integrated township is luring Muscat-based Non-Resident Indians (NRIs) for selling its villas and ultra-luxury plug-and-play plots in Coimbatore.
UP Expressway scam looms larger than ever
Even though storm is not over Noida Extension land acquisition, another scam in UP Expressway has surfaced that could be India’s biggest land controversy.
Goa real estate boom fuelled by black money
Goa real estate boom is not driven by “people who love the land”, but by speculative investment of black money in the state.
Bengal bans realty on factory land
The Bengal government will not allow the diversion of industrial land for real estate purposes.
Legal battle over Tulip Star Hotel’s 6-acre land continues
The six-acre land parcel owned by Tulip Star Hotel (formerly Centaur Hotel) at Juhu in Mumbai will continue to be entangled in legal battle for some more time, despite the arbitrator allowing termination of sale agreement entered in 2005.
Not just realtor, make all stakeholders accountable
If we want to see a regulated real estate business in India, we need to first identify the role of the Government in the system.
HC sraps land acquisition in another Greater Noida village
In yet another jolt to the Uttar Pradesh government’s plan to build a residential hub on 2,000 acres in 11 villages in Noida Extension, the Allahabad high court on Tuesday, July 19, set aside the acquisition of 589 hectares in Patwari village.
CREDAI asks developers to move Supreme Court
The Confederation of Real Estate Developers’ Association of India (CREDAI) has asked builders, whose projects in Patwari have been affected by the high court order, to move the Supreme Court.
Why was land use clause changed overnight?
Back-to-back quashing of land acquisitions in Noida Extension by court has brought to light the nexus between the authority and builders.