New Land Bill will come as relief to govt, real estate firms

August 23, 2012 16:18

The government is likely to revise the Land Acquisition, Rehabilitation and Resettlement Bill (one among the 31 Bills the government has lined up for consideration and passing during the monsoon session of Parliament). The changes include...
-- Land can be acquired by government for private-public purpose, but consent of 80 per cent of project affected people will be requried.
-- The new bill will come as a relief for state governments and real estate firms.

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