Page 2 - Land Rates
Omaxe Group acquires over 5 acres of 'prime' land in Ludhiana for Rs 220 cr
Realty firm Omaxe Group on Tuesday said it has acquired over 5 acres of land in Ludhiana, Punjab for Rs 220 crore. In a statement, Omaxe said it has "secured more than 5 acres of prime land... through a competitive bidding process conducted by the Rail Land Development Authority (RLDA)." The acquisition was finalised at a bidding amount of Rs 220 crore, it added. Omaxe will develop both residential and commercial projects on this land parcel. "This acquisition aligns perfectly with our strategy to strengthen our presence in key markets and contribute to the growth of Ludhiana's real estate sector," Jatin Goel, Executive Director, Omaxe Group, said. Omaxe has delivered over 132 million square feet of realty space. It has delivered 21 group housing real estate projects, 10 integrated townships, and 14 commercial projects ( malls/office spaces/hotels/SCOs). The group has another 22 million sq ft of space under construction. This includes seven ongoing integrated townships, five gro
 "Omaxe Group acquires over 5 acres of 'prime' land in Ludhiana for Rs 220 cr")
28 states adopt national generic document registration for land records
As on April 18, computerisation of record of rights (RoRs) has been completed in 6,22,030 (94.62 per cent) villages out of 6,57,403 villages
 "28 states adopt national generic document registration for land records")
Govt plans panel to help resolve state-owned firms' land disputes
Land is a state subject in India, with both the Parliament and state assemblies able to write laws around certain land rights
 "Govt plans panel to help resolve state-owned firms' land disputes")
Trade body calls for cheaper land rates to set up industries in Rajasthan
ARTIA's president Vishnu said that the government should ensure the availability of land in industrial areas at affordable or subsidised rates
 "Trade body calls for cheaper land rates to set up industries in Rajasthan")
Canada firm may be roped in to advise land special purpose vehicle
The government has been trying to replicate the Canadian model for National Land Monetisation Corporation
BS READS: Land revolution in Kashmir, but who is selling or buying?
Land prices have more than doubled officially to allure locals to sell, while land records have been cleansed and digitised over the past year to attract outsiders to buy without fear of fraud
 "BS READS: Land revolution in Kashmir, but who is selling or buying?")
Karnataka land reforms may trigger fresh look at land acquisition process
Experts suggest easier land use norms and digitisation of records
 "Karnataka land reforms may trigger fresh look at land acquisition process")
Government notified rate for land goes down by 20% in Madhya Pradesh
The decision is a first move by the Kamal Nath-led Congress government to simplify land rates
 "Government notified rate for land goes down by 20% in Madhya Pradesh")