There has to be a restriction on purchase of Residential Land and apartments to prevent trading like any other liquid assets.Land is pretious like water and everyone in the country should be given equal opportunity to own a piece of Land for living. But unfortunately the only income that states in our Country get is from selling Liquor and Land .Since they are heavily dependent on Revenue and Excise Dept earnings , they are not in a position to impose such a ban. In southern states like Karnataka,Tamilnadu and A.P , Govts are on a land selling spree to private investors to make quick money.Some states cannot even give salaries to employees without selling thousands of acres of land every month. such a pity state!
