Controversial Land Acquisition Bill cleared by Union Cabinet, land prices expected to rise
He said the company already is acquire land with full consent of the owners, so it does not see any problem on the same.
Leading consultant Jones Lang LaSalle India Chairman and Country Head Anuj Puri said demand of housing projects will be affected in future with passage of the Bill in the Parliament.
"Cost of land will go up and developers will pass on the additional burden to consumers. Definitely, it will affect the demand if prices go up beyond the capacity of a home buyer," he added.