News articles tagged Land Acquisition

Trivandrum Airport Expansion Fuels Real Estate Surge: Insights for Investors

Trivandrum's airport expansion plans, despite delays, poised to elevate connectivity and real estate growth near IT hubs, boosting property values and investor opportunities through infrastructure upgrades.

In FY24, land deals will total 3,000 acres as developers purchase real estate

Indian real estate developers aim for 3,000 acres in land deals in FY24, a 59% increase from last year, driven by increased land availability and high demand.

To construct a housing project worth Rs 1,700 crore, Mahindra Lifespace purchases a 9.4-acre plot of land in Bengaluru

Mahindra Lifespace Developers Ltd. acquired 9.4 acres in Bengaluru for a Rs. 1,700 crore residential project, focusing on mid-premium housing and spanning 1.2 million sq ft.

Real estate developers are purchasing more land

Real estate developers are aggressively acquiring land in India, particularly in major cities, driven by high housing demand. This trend is expected to continue in 2024, with Tier-1 and developing areas remaining hotspots.

Giants of the Mumbai real estate market head to Ayodhya as prices rise 179% following the Ram Mandir ceremony.

Mumbai developers like Oberoi Realty, Godrej Properties, and Hiranandani Group are acquiring land in Ayodhya, driving property price increases by 179% post-temple opening.

Since January 22, real estate companies have acquired land parcels in Tier 2 and Tier 3 cities for Rs 5,000 crore.

Real estate developers have invested nearly Rs 5,000 crore to acquire 1,461 acres of land in Tier 2 and 3 cities since January 2022, according to JLL India.

Latest Supreme Court Judgment on Land Acquisition 2022

Maharashtra faces significant cost overruns due to delayed infrastructure projects, prompting the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation, and Resettlement (Amendment) Bill, 2022 to be introduced for faster project completion.

Right To Fair Compensation And Transparency In Land Acquisition

India's 2013 Land Acquisition Act aimed to ensure fair compensation and transparency but faces challenges like high costs and complexity.

National Highway Land Acquisition Notification 2022

The High Court reviewed a rejected petition regarding land acquisition for National Highway No. 29, determining compensation amounts and land ownership structures.

Cheap Agriculture Land & Farms for Sale Near You and Noida

Investing in agricultural land near Noida is gaining popularity due to affordability and potential high returns. Factors to consider include location, legal titles, and future development plans.

Authorities planning to increase circle rates in Noida

Noida may see a rise in circle rates for the first time since 2017. Noida, Greater Noida and Yamuna Expressway authorities have increased property rates.

Delhi-Meerut Express Way: Dasna-Meerut span gets green signal

Delhi-Meerut Expressway gets green light for a six-lane Dasna-Meerut connector. The project, costing ₹1,658 crore, aims to alleviate Delhi's traffic congestion.

Navi Mumbai Airport in limbo

Villagers in Navi Mumbai are protesting against the government's compensation for land acquisition, demanding higher monetary damages and job reservations.

Maruti's Gujarat plant site magnets real estate developers

The local real estate market in Gujarat is gearing up to capitalize on Maruti Suzuki's planned plant, with builders acquiring land for residential and commercial development.

Centre pins hopes on land bill to resolve Gail issue

The Central Government aims to resolve issues with the GAIL's Kochi-Bangalore gas pipeline project, facing opposition from farmers and the Tamil Nadu State Government.

Sahara Grabs another Piece of Bangalore Land for Rs.149 Cr

Despite facing regulatory challenges, Sahara Group has purchased approximately 25 acres of land in Whitefield, Bangalore for ₹149 crore, with plans for commercial or hotel development.

Home sales pick up in NCR by 46%: reports PropEquity

Home sales in NCR have surged by 46% in January, with clear property acquisition issues boosting buyer confidence. New launches dropped by 35% as developers focused on reducing unsold inventories.

Land Acquisition Bill, No Consensus Reached

The all-party meet failed to reach a consensus on the land acquisition bill, impacting farmers awaiting compensation and delaying infrastructure projects. Opposition parties strongly opposed the bill, despite government efforts to expedite its passage for economic boost.