Land Acquisition

Godrej Properties buys Bengaluru plot with ₹2,400 crore revenue potential

Godrej Properties has purchased a 3.8-acre land parcel on Sarjapur Road in South Bengaluru with a revenue potential of ₹2,400 crore

JPMIA Phase A construction tender nears finalisation in Rajasthan

The ₹4,380-crore JPMIA project under the Delhi-Mumbai Industrial Corridor is nearing the final tender stage for Phase A and promises to transform western Rajasthan's industrial landscape

UP set to acquire over 56K acres for industrial development in Bundelkhand

A vast majority of the land has been acquired in the Jhansi district, the most prominent hub of the Bundelkhand region

Coal ministry pushes early completion of critical evacuation projects

During the meeting, the coal companies informed the ministry's additional secretary about various issues related to land acquisition, forest clearances, and compensation for landowners

Vedanta in process of acquiring land for 3 MTPA aluminium smelter in Odisha

Vedanta is in the process of acquiring land for its 3 million tonnes per annum (MTPA) aluminium smelter in Dhenkanal, Odisha, a top company official said on Wednesday. "We are moving towards setting up a new mega aluminium plant at Dhenkanal, Odisha, (with a capacity of) three million tonnes," Rajiv Kumar, Chief Executive Officer for the Aluminium business at Vedanta, said. Currently, the company's total capacity stands at 3 million tonnes. "We want to go to six million tonnes, for which we are actively involved in land acquisition, and hopefully things are progressing very well," Kumar said. He was speaking to reporters on the sidelines of ALUMEX India 2025, organised by Aluminium Extrusion Manufacturers Association of India (ALEMAI) in the national capital during September 10-13. This green aluminium smelter, he said, has the potential to create over two lakh jobs. On the investment to be made in the said plant, he said that "Aluminium is very heavy on investment and is a ...

Arkade Developers to buy 3.54-acre Bhandup West land for ₹148 crore

Arkade Developers has signed an MoU to acquire Woollen and Textile Industries Ltd, giving it ownership of a 3.54-acre land parcel in Bhandup West for Rs 148 crore

In seven years, HVDC market size is going to be $12-15 billion: GE Vernova

India needs to progress in procurement. It must review its procurement process, says Bindele

Best of BS Opinion: Land reforms, nuclear energy can power Indian economy

Today's Opinion page traverses the regulatory landscape, from land reforms to nuclear power, corporate governance to government divestment and comes away with deep insights into all

Govt must bite the bullet on land reforms to ease manufacturing growth

How to make land available quickly and cheaply for development, without alienating landowners or eroding their rights, remains a point of contention

Entry of big corporates changing face of coal mining, but delays persist

While delays such as land acquisition, mining lease and prospecting licenses, and in clearances for geological reports are cropping up, there is a much higher tracking of illegal coal mining

UP govt acquires 600 acres in Gorakhpur for new industrial township

While Gida has acquired 600 acres for the township in the 17 villages, the acquisition process is ongoing to increase the land inventory

Godrej Properties share price pops 2% on acquiring land parcel in Pune

Godrej Properties shares rose after the company announced the acquisition of an approximately 16-acre land parcel in Upper Kharadi, Pune.

Sumadhura Group buys 5-acre plot in East Bengaluru for ₹500 cr project

Bengaluru-based Sumadhura Group acquires a 5-acre parcel on Soukya Road, planning a residential development expected to generate ₹500 crore in revenue

No one will remain landless under new land scheme, vows Odisha CM

Odisha CM Mohan Charan Majhi vows no one will remain landless in the state. The government plans reforms to modernise revenue administration and ensure land rights for all citizens

SC upholds cancellation of 125-acre land allotment to Kamla Nehru trust

The court cited lack of due diligence and a failure to uphold public interest in the allocation process

Diaspora body slams Punjab govt for acquiring farmland around Ludhiana

The North American Punjabi Association has warned of ecological and economic damage, besides alleging a land grab, and has urged Punjab government to withdraw its plan, which is already seeing protest

Uttar Pradesh govt acquires land worth ₹5,500 cr near expressways

The process of land acquisition would continue, since only 70 per cent of the approved land has been taken so fa

Assetz aims to launch Rs 7,500 crore GDV residential projects in FY26

Bengaluru-based Assetz aims to launch Rs 7,500 crore worth of residential projects in FY26 and targets 45% CAGR in pre-sales over three years with IPO plans under review

Realty firm Brigade Group acquires 5.4 acres in Chennai for ₹441.7 crore

Brigade Enterprises acquires 5.41-acre land in Chennai's Velachery for ₹441.7 crore, strengthening its position in the city with a project worth ₹1,600 crore

Land compensation must reflect equity, justice and fairness: Supreme Court

The Supreme Court on Wednesday said the compensation for land acquisition cannot be assessed in a mechanical manner but must be guided by considerations of equality, equity and justice. A bench of Justices Surya Kant and Ujjal Bhuyan said a fundamental principle in land acquisition jurisprudence was that lands with similar locational and developmental potential must be compensated equitably unless clear, objective distinctions justify otherwise. The bench said it must caution against an "excessively positivist" approach in matters of land acquisition. "It is well understood that the very exercise of assessing compensation is antithetical to rigid formalism. Compensation cannot be assessed in a mechanical or formulaic manner but must be guided by considerations of equality, equity, and justice," it said. The apex court's verdict came on a batch of cross-appeals filed by the Haryana State Industrial and Infrastructure Development Corporation and several landowners challenging the ...