Thursday 13 September 2012

Acquisition of Residential Plots in Faridabad

Land Acquisition is a term which in past has arose numerous problems. In a layman’s language Land Acquisition means a process of acquiring by the central or the stat government of India to enhance its monetary value with the help of planned infrastructural and economic growth. The land reform act which is being followed in India is Land Acquisition Act, 1894 which is quite old. Hence, a new bill is in consideration, since 2011, which is planned to be called Land Acquisition and Rehabilitation and Resettlement Bill.

There are various problems that need to be supervised in impact to management the existing day issue associated with the Land Acquisition Act, 1894. The Land Acquisition Act, 1894 currently has a colonial taste, and it needs to be modified with the existing day rural-urban public problems of India. Some of the important problems are that being a colonial charter this act seems to have more on an oppression note and less of a democratic colour. The significant land acquisition and disputes occur in the largely booming places of the country where the training and learning among the public has been quite low.

The new Land Acquisition Act will work on two levels, one which will deal with Residential Land Acquisition and the second which will take into consideration Agriculture Land Acquisition, the more dire part of the acquisition act. Attempts are ongoing to present the new Area Purchase and Recovery and Resettlement Invoice A variety of changes have been presented in the set up bill, championed by the Nationwide Advisory Authorities and headed by Jairam Ramesh’s Non-urban Growth Ministry, following discussions with a variety of stakeholders. Marketplace will upgrade the Area Purchase Act of 1894, which has been proven up to be hopelessly out of track with modern needs through a variety of latest disputes over land.

In reference of this only there is news to tell, that Helios Developers in Faridabad has undertaken the project to sell the land for acquisition which lies just behind Greater Faridabad Plots. The new residential Land in Faridabad is being proposed after the Greater Faridabad plots. These Plots in Faridabad are out for sale and can be purchased from Helios Developers, one of the renowned property consultants in Faridabad.

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