#RealtyNewsRoundup: AAP Government Nod To Delhi Slum Policy
Description
Realty News Roundup is PropGuide's selection of top stories from the real estate sector.
The Aam Aadmi Party (AAP) government in Delhi on Friday approved a new slum policy stipulating that slum-dwellers will not be evicted without alternative housing arrangements. A cabinet meeting chaired by Chief Minister Arvind Kejriwal at Delhi secretariat took this decision. Read more.
The Andhra Pradesh government has signed a Memorandum of Understanding (MoU) with Kazakhstan's capital Astana for building the new state capital, Amaravati. The MoU was signed when the Andhra Pradesh chief minister met Astana mayor Asset Ishekeshev during a visit to Kazakhstan. Read more.
The Benami Transactions Amendment Bill is likely to be passed in the monsoon session of Parliament. The Bill is to amend the definition of benami transactions in the Benami Transactions (Prohibition) Act, 1988. It will also lead to the formation of an appellate tribunal. Read more.
The Supreme Court has said that a farmer who is on leased land cannot be evicted even if the lease period expires, if the owner accepts the tenancy or is still accepting the rent. The Court was referring to a provision of Transfer of property Act. Read more.