-The Telegraph New Delhi: Six of the 30 MPs on the joint parliamentary committee examining the land acquisition bill appear undecided, with the BJP hoping to woo them and gain a majority on the panel. The score is now tied 12-12, which means the government needs the support of at least four of the six remaining members, who have so far kept their cards close to their chest. These half-dozen are from the...
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Parliamentary panel pushes for law to jail errant builders -Shalini Nair
-The Indian Express Seeks stringent provisions in new law, says financial penalty is no deterrent since burden passed on to buyers. The Parliamentary Select Committee for the Real Estate (Regulation and Development) Bill 2013 is likely to push for more stringent clauses that may lead to imprisonment of builders if they do not fulfill their obligations to home-buyers. After holding public consultations across the country, several members of the panel are of...
More »Land bill panel’s term extended to July 28 to submit the report -CL Manoj
-The Economic Times NEW DELHI: The government's plan to get the joint house panel to process the contentious land acquisition bill and submit its report on the opening day of Monsoon Session of Parliament on July 21 faces a fresh hurdle. Bowing to demands from the Opposition members, the panel's term was on Monday extended by a week to July 28. This means the government will now have a window of just...
More »Land bill hearing score: one for, 33 against -Basant Kumar Mohanty
-The Telegraph New Delhi: A joint parliamentary panel examining the Narendra Modi government's land acquisition bill has been flooded with objections to the proposed legislation from those who have deposed before it so far, sources have said. The Confederation of Indian Industry is the only one among 34 individuals and organisations to have supported the changes the bill seeks to make to the current law, passed in December 2013 under UPA rule,...
More »Realty sector: Getting the foundation right
-The Indian Express As several steps taken by the Centre for the sector hangs fire, clarity and implementation of ‘Housing for All’ scheme would be the key for its success. The Union Cabinet approved its flagship ‘Housing for All’ scheme this week, with a 2022 target and a renewed emphasis on the low-income group categories by way of relaxed income limits and higher interest subvention. While the government seems to have struck...
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