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Tata and Yash Birla Groups eager on land acquisition

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Many Indian real estate key players were on the edge of their toe to acquire the lands at the Kansal Village which was highly focused area in terms of good appreciations. In continuation builders to carry out the action in an effective manner approached many farmers to sell their lands. It was Tata Group and the Yash Birla groups in the race highly keen to introduce their housing ventures.
It is reported by the sources to the www.propertykhazana.com that among the many in the race, especially the Tata Group was humbling for housing ventures in North India. The land acquisition of about 70 acres was in progress and Tata’s had the plans of developing exclusive residential and township projects along with few commercial ventures.
It is further said by the sources to the www.propertykhazana.com that the required 70 acres land was to be dealt with the Co-Operative society of MLA’s in Punjab and Ex-Defense officer’s societies both having around 25 acres each was the major land source, and the rest of requirement was managed by the local realty agents.
it is further revealed that the Tata project shall be the new landmark on the Kaimbwala-Saketri Road adjoining Chandigarh and all the members ( Land Lords) were promised with 70 Lakhs each and a flat in the upcoming project. In this regard the Tata’s fallowed the foot steps of Ansals API, which carried out the same procedure while on acquiring the lands.
Further, the Yash Birla Group aimed at only the housing projects in Ambala, Mohali and Chandigarh which were about to cover 25 acres and similarly township projects in over 100 acres.
Source: NIMMA BENGALURU

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