Land Sector - The India Story

Land development is dependent on land acquisition to initiate the development process and the project. Without the appropriate land, communities

Despite this India is still a complicated place for foreign investors. A weak parliamentary government has very little purview over the provincial and local ministers who were elected entirely separate from federal elections. The fragmented nature of the country’s political system has and will continue to prevent major

One of the key challenges facing the development of infra¬structure in India is the acquisition of land. Landowner¬ship confers tangible benefits such as shelter and liveli-hood, as well as intangible benefits such as security and a stand¬ing in society. Landowners are thus often reluctant to part with their land unless mutually acceptable terms including compensation are agreed upon. Problems arise when land is required for “pub¬lic purpose” and the state can invoke laws that allow for com¬pulsory acquisition through ‘eminent domain’ . Often, the land acquisition process is neither consultative nor transparent. Further, land-titles are unclear and identifying parties eligible for compensation is rendered difficult. Finally, the compensa¬tion, and resettlement and

The Land Acquisition Act of 1894 under which the lands are acquired was considered to be very back dated according to the current situation. However the new bill aims to solve this solves and gives even more impetus to the

It states where a State has enacted a law for regulation of the real estate sector, and such State law is not inconsistent with this Act, then, the State Government, to that extent, may not apply the provisions of this Act in the State. Therefore, for this Bill, when made into an Act, to apply, there needs to be firstly an inconsistency in the state law, or in absence of any law, this law will apply. Inconsistency in the two laws is something which will be found only if the state law is challenged in the courts. This provision has compromised uniformity. The scope of this Bill is limited to contracts between buyers and promoters, and transfer of property and these items fall within the Concurrent List5. Several state laws at present have inconsistencies such as Maharashtra Housing Regulation and Development Act, 2012 and West Bengal Building (Regulation of Promotion of Construction and Transfer by Promoters) Act, 1993, whose future applications remains

Whether purchasing, or offering a home, picking the correct land operator or purchasers specialist, is the most critical stride to take. The way toward purchasing or offering a house is extremely itemized and troublesome. Notwithstanding the way that mix-ups can cost a lot of cash?

Housing is a basic need of every human beings, it provides security, pride and ownership. It has great significance in human life. One does not require shelter for protection against natural elements and hostile weather, but also for maintaining standard of family and society. It is one of the significant indicators of urban growth and economy of a particular city. Real estate is a legal term that encompasses land along with the improvements to the land, such as buildings, fences, walls and other site improvements that are fixed in location-immovable. Real estate is often considered synonymous with real property (also sometimes called realty), and housing is one component of real estate. Real estate covers both commercial

Being one of the most extensive law reforms of the Law Commission, Land Registration Act 2002 aims to create a flawless legal framework for land registration, especially in terms of conveyancing with emphasis on overriding interests and adverse possession. It is agreed that the Land Registration Act 2002 (hereafter LRA 2002), by putting emphasis on strict registration, moved the idea of land ownership from ownership by possession to bureaucratization of title via registration. Therefore, LRA 2002 is said to bring further strictness and clarity to land ownership and subsequent conveyancing. In conjunction, LRA 2002 was expected to bring an “e-conveyancing revolution” to land registration which was awaited to be a major success. Although steps are taken towards this development, it is claimed that there is still long way to go before a complete and problem-free e-conveyancing system. Apart from matters relating to conveyancing, LRA 2002 consists of sections regarding overriding interests where their number and scope are widely reduced with specifications of registration introduced. Moreover, the Act includes strictly drafted provisions about adverse possession, aiming to bring further restrictions to this matter by bringing further difficulties to the acquisition of title and therefore shifting from a squatter prone approach to a registered owner supporting view.

With the improvement of private property possession, land has turned into a noteworthy territory of business. Inside every field, a business may have practical experience in a specific sort of land. Experts are regularly approached to valuate land and

It is opposite this mise en scene, that Reserve Bank of India has deemed it proficient to express in apartment a reside of guidelines to try, the risks that building and loan association would be exposed to in a milieu of fledgling outsourcing reaction and to prove that the bank confused and the Reserve Bank of India have secure to all books, records and impression available by all of

Tichaona, (2013), revealed that in Zimbabwe in general, the only existing law governing the real estate and property management activities was the shallow and vague Land Law. This was a very general law, which simply emphasizes that the land belongs to the government. There was no private ownership of land in Zimbabwe. In Harare and the rest of Zimbabwe there was no known legal framework that governs the real estate agents activities. It was unbelievable that presently, there was no known minimum legal requirements that was set up by policy makers to regulate such a crucial industry in the country. There was no known Code of Ethics for real estate activities in Harare, Zimbabwe. There was no known real estate board or local commission to regulate the activities of real estate agents, comissionistas, and property owners in the city of Harare. The study further said that the lack of controls and regulations in this crucial real estate and property management sector has to a greater extent contributed to the proliferation of the commissionistas in Harare

Market share in the real estate business in Singapore is mainly capitalized by few big players such as City Development Limited, CapitaLand and Keppel Land. If any multi-national real estate company approaches to invest here, they will be restricted to a marginal shareholding in the new companies. A new entrant will be therefore a private Singaporean company, and as such the barriers to entry is high in the real estate business.

Mr. R.K. Arora and our management team. Our company is blessed with flawless foresight, fortunate finesse and inherent insight giving cost effective and integrated solutions to the realty and development world. We have in our credit over 7.5 million sq.ft. of development both in commercial and residential division and these have been recognized as value products as far as aesthetics, quality, overall planning, timely possession and completion. Accordingly, a large portion of our investors have been with us for two decades, and more than 80 percent have invested in various projects. Our hard work attracting people to invest in our projects and as well they want to purchase their dream home with us. Recently, you can see the construction has started of most splendid residential project GOLF SUITES - magnificently planned with all the facilities under one roof at your doorstep. Golf Suites is the best township venture of Delhi NCR and gorgeously converted into the most demanding home purchasers. Supertech Golf Suites is an integrated township sprawls widely over 100 acres of land rich with green area fulfilling the entire look of township. Splendidly found in the most hot place at Greater Noida, Yamuna Expressway, Sector 22D, where the world's best state-of-the-art facilities and amenities are accessible for its dwellers within approximate distance. Supertech Golf Suites homes are planned in a way that the families who live here get the maximal

Mr. Kushal Pal Singh, the dynamic visionary, of DLF Group established in year 1946 and has now transformed into the immense hotshot and Chairman and CEO of DLF Limited, India’s largest realty company. We are the first destination for the homebuyers who are searching for their dream home inside their pocket and budget as we provide the best affordable residential project as per their necessities. Since DLF is the first realty development company who have given the importance of the desires of a common man. Our company enormous and internationally renowned name listed in top three main player in real estate construction industry in

1.2. Appropriate Government would mean the Central Government if the purpose for acquisition is for the Union and for other purpose it is the State Government. It is not necessary that all the acquisition has to be initiated by the government alone. Local authorities, societies registered under the Societies Registration Act, 1860 and Co-Operative Societies established under the Co-operative Societies Act can also acquire the land for developmental activities through the government.