Two High Courts have reached opposite conclusions on the issue of taxing compensation received by people whose land is acquired under different statutes. It’s now the legislature’s duty to clarify the position and mitigate the feeling of being hard done-by
The land parcel is expected to have a saleable area of 5.42 lakh square feet, with a gross development value of around Rs 700 crore, Puravankara has said
One of the plots meant for group housing is on the Golf Course Road and the other in Sector 39, close to the Delhi-Jaipur highway
According to the officials, of the total 6,065 hectares, 4,076 hectares will be acquired through land acquisition process and 1,609 hectares will be purchased directly from farmers through mutual agreement while 380 hectares will be reclaimed as it is the government land.
Yamuna Expressway Authority will develop a multimodal logistics park near Noida airport in Tappal region. A total of 950 hectares has been earmarked for the logistics park but the first phase of the project will be developed in 200-hectares of land.
This deals marks Oberoi Realty’s foray into Delhi NCR. According to real estate sources, the company is planning to develop a luxury group housing project on this land. The development potential of the land is estimated to be around 2.6 million square feet.
The Yamuna Expressway Authority will acquire the land from 40 villages including Tappal-Bajna (771 hectares), Karauli Bangar (250 hectares), Muradgarhi (336 hectares), Rabupura (994 hectares), Tirthali (479 hectares), Mayana (252 hectares), Kallupura (218 hectares) and Mudrah (290 hectares) among others.
The Maharashtra State Road Development Corporation is looking to acquire around 40-48 hectares of land across four locations for the construction of amenities like restaurants, auto workshops, toilets, fuel stations, etc.
The airport is expected to open in September 2024. The airport’s proximity to the Yamuna Expressway will facilitate tourist travel to Agra, Mathura, and Vrindavan, as also boost industry in the area.
During the previous year 2021-22, real estate consultant Anarock noted that 44 land deals accounting for about 1,649 acres were closed across various cities.
In its regulatory filing, Godrej Properties said it has entered into an agreement for development of 14.27 acres of land in Gurugram, Haryana.
The second phase of the NIA is planned in an area of 1,365 hectare, of which around 1,185 hectare is owned by private persons, including farmers, of six villages -- Ranhera, Kureb, Dayanatpur, Karauli Bangar, Mundrah, and Birampur , an official said.
Some people are, however, optimistic that once the KNP becomes famous for its new entrants, increased tourist footfall will create jobs.
The Mumbai-based firm on March 7 had launched its QIP (Qualified Institutional Placement) issue and closed it on April 12.
Much to the displeasure across Kerala, the Pinarayi Vijayan-led Left government chose to skip a few steps laid out in the LARR Act to fulfil its ambitious semi-high speed rail project
About 2,200 hectares of land will be needed for 179-km stretch in three districts and a total cost of the project, including construction is Rs 14,500 crore.
In a letter to chief minister Pinarayi Vijayan, dated January 5, Union finance minister Nirmala Sitharaman asked Kerala Rail Development Corporation (K-Rail), the nodal implementation agency, to expedite land acquisition for the most ambitious project of the state till date after obtaining necessary clearances.
With the first stretch of the Mumbai-Nagpur Samruddhi Expressway expected to be ready for traffic from 2021, the land acquisition for the project is being touted as the fastest in India.
In the past four years, Tamil Nadu has seen many protests against infrastructural and industrial projects. The Chennai-Salem expressway is one such project facing protests
His announcement came at a time when his party is gearing up for bypolls on 24 assembly seats, most of which are located in the impoverished ChambalGwalior region of the state, where the BJP came to power in March.
As many as 435 infrastructure and highway projects are stuck across the country on account of various factors, including delay in land acquisition and regulatory clearances, Parliament was informed on Thursday.
The Sena, a ruling ally of the Bhartiya Janata Party (BJP)-led state government, has been opposing the project on the grounds that it is against the interest of the farmers and would destroy ecology in Ratnagiri district in the coastal Konkan region.
Land acquisition in India has become a big bane for any project, be it setting up industries or creating infrastructure for road or Railways
The minister said as compared to land acquisition cost of Rs 7 crore per hectare for the existing highway between Delhi and Mumbai, the new alignment will see land acquisition cost to reduce to Rs 70 to 80 lakh per hectare.
The National High Speed Rail Corporation (NHSRC), the special purpose vehicle executing the bullet train project, had informed affected farmers regarding today's meeting by publishing a notice in newspapers yesterday.