Unitech, a New Delhi-based real estate developer, has expressed apprehension about various regulatory measures to be taken up to regulate real estate industry.
He stated that various bills related to land and real estate sector may impact the sector?s growth if proper balance is not maintained between the various stakeholders? interests.
Land Acquisition, Rehabilitation and Resettlement Bill, 2011 and Draft Real Estate Bill, 2011 are some of the bills that have come up recently. The developers are wary of these bills stifling the growth of the real estate sector which is already going through a grim phase.
Unitech witnessed a sharp fall in its revenue from operations in 2011-12 at Rs 2,422 crore against Rs 3,396 crore. The fall is recorded at 29 per cent.
To read more real estate news:
Unitech expects 400 crore from Noida housing project
?
Tags: bills related to land, Delhi Real Estate, Draft Real Estate Bill, Land Acquisition Bill, New Delhi, Real estate Delhi, Real estate growth, Real Estate Sector, Real-estate developer, regulatory measures, regulatory real estate industry, Rehabilitation and Resettle-ment Bill, Unitech
Source: http://www.commonfloor.com/stories/land-bills-may-affect-real-estate-growth-unitech-28521
kareem abdul jabbar karl rove miramonte elementary school mark jenkins super bowl commercials 2012 mia amar e stoudemire
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.