Population increase cause of land price rise

By IANS

New Delhi : The increase in price of land in urban areas is due to the massive increase in population, scarcity of developed land and migration of people from rural to urban areas, the Lok Sabha was informed Monday.


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Replying to a question on the subject, Minister of State for Urban Development, Ajay Maken pointed out that land was a state subject and states should check hoarding of land for speculative purposes through appropriate land development policies and proper enforcement of building by-laws and procedures for sanction of building plans.

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