Tag «reaction»

Reaction To RBI’s Monetary Policy: Anuj Puri, Chairman & Country Head, Jones Lang LaSalle India

With the proposed Real Estate Regulatory Bill, where developer are expected to keep considerable portion of sales in escrow account for majority of construction period, finance cost for developers is expected to increase. This, along with increase in cost of construction and the already challenging economic scenario, is expected to affect profit margins of developers. …

JLL: Reaction To The Revised Land Acquisition Bill

Mayank Saksena, Managing Director – Land Services, Jones Lang LaSalle India: The newly revised Land Acquisition Bill is beneficial to land owners. The scope of minimum required approval has been increased to 80% of the affected families. This consent is mandatory only for private enterprises. Secondly, the Government’s role in land acquisition has been curtailed …