-The Business Standard The consequences of unplanned growth in Haryana real estate One of the positive consequences of the recent focus on the dealings between companies owned by Robert Vadra and the real estate giant DLF is that the unregulated nature of the Haryana land market has become a topic of discussion. Mr Vadra’s companies’ purchases of additional land and apartments were funded from the windfall gains that accrued after a 3.5...
More »SEARCH RESULT
Behind Haryana land boom, the Midas touch of Hooda -Shalini Singh
-The Hindu Robert Vadra may be the most talked about property developer in Haryana but the emergence of links between the man who sold Sonia Gandhi’s son-in-law his first plot of land and Haryana Chief Minister Bhupinder Singh Hooda has shone a spotlight on the crucial role played by the Congress-run government in turning realty in the State into a business worth thousands of crores of rupees. Records of all licences granted...
More »Panel agrees on draft land acquisition law-Elizabeth Roche
-Live Mint Bill will be put before cabinet in next few weeks; legislation is expected to address rehabilitation, resettlement New Delhi: The government moved a step closer to put in place a new land acquisition policy, after a ministerial panel overcame differences and struck a compromise. The Bill will now be put before the Union cabinet for its approval in the next few weeks. If indeed the government sticks to the proposed...
More »Vendors flay move for FDI in retail
-The Hindu In an attempt to pressurise the Union Government to roll back the decision to allow Foreign Direct Investment (FDI) in multi-brand retail, an “anti-FDI” protest march was organised by the National Association of Street Vendors of India (NASVI) at Jantar Mantar here on Wednesday. The protesters charged the Union Government with ignoring the interests of the working class and protecting the interests of the multi-national retail giants. NASVI president Arbind...
More »Maharashtra Bill provides for India’s first real estate regulator-Makarand Gadgil & Madhurima Nandy
-Live Mint The Maharashtra Housing Regulation and Development Bill passed by the state assembly on Monday paves the way for the establishment of the country’s first regulator for the housing sector. The Bill, which now goes to the state legislative council, aims to bring about transparency in the real estate sector and empower homebuyers. It also attempts to demystify some of the popular and often misused terms used in the sector, such...
More »