-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...

-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...

-Hindustan Times The decision to protect the Mangar Bani forest in Faridabad and a 500-metre buffer as a no-construction zone is a remarkable one. This declaration by Haryana chief minister Manohar Lal Khattar recently has been widely welcomed, and could mark a turning point in the battle between the government and environmentalists campaigning to save the Haryana Aravallis, especially the Mangar Bani. The region is under threat from Real Estate Developers and...

-Business Standard About 100 changes have already been effected through executive orders; new amendments involve structural and policy-level alterations The Centre is all set to overhaul environmental and forest regulations, policies, and laws once the two-day conference of state forest ministers and officials is over. The conference will start on Monday with Prime Minister Narendra Modi addressing it. After effecting some 100-odd changes to regulations through executive orders, the Union environment ministry has...

-The Hindu The Bill to amend the 2013 land acquisition Act is neither pro-farmer nor pro-poor Next week the economic agenda of the Narendra Modi government will face its biggest test in Parliament. The controversial Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Bill, 2015 (LARR) that has been introduced in Lok Sabha is due for consideration of the house on March 9. While the government seems...