Typically, when a city runs out of land for housing, the focus shifts to the surrounding villages and semi-urban land. Given the way that there is big focus on housing and a great increase in property prices in the recent few years, the temptation is to use any means, legal and illegal, to get more money. Mix this with the fact that a majority of the land being acquired is owned by villagers, and the mix becomes explosive.
There is a need to ensure that villagers are treated with respect, and when their land is acquired or bought, it is done legally following due process including the payment of market rates such that the villagers feel adequately compensated. Else, as we have seen in the case of SEZ’s, there is a possibility of tension and violence, and massive delays. But. we will always see cases of people trying to use illegal means to get rich quick, and there is a need for the administration to investigate and haul up the offenders when they see something like this happening, as in this case:
For citizens, the quest to get their own home is one of the biggest steps in their life. They will save for years, cutting on expenses and spending an inordinate amount of time making sure that they get the perfect house that they are looking for. On the other hand, you have builders and realtors who are primarily profit driven. You can hope that you get a well constructed house, or if you fall prey to unscrupulous people, then there is only pain and loss. However, it is hard to explain how a realtor believes that he can can cheat hundreds and thousands of people and enjoy the gains. For people who have put their life’s savings, they will pursue such cheats to a long way. Here’s an article about the punishment of such cheats.
HYDERABAD: The sixth Additional Chief Metropolitan Magistrate on Thursday sentenced six directors of Laxmipriya Real Estates Private Ltd to two years rigorous and one year simple imprisonment, which will run concurrently, for cheating their customers.