Beijing has been trying to curb speculation in the property sector to prevent the formation of asset bubbles.
FORBES: Chinese Property Billionaires Lose $3.87 billion On Housing Curbs
Chinese property prices have continued to fall during April after the government kept policies in place to curb speculation.
There were also reports Monday that India has banned the purchase of foreign gold on credit, in order to curb speculation.
As a result, Beijing has been trying to implement measures, in a bid to curb speculation and cool down growth in the sector.
With notable exceptions like Wang Jianlin, big property developers in China have had a rough year as the government has moved to curb speculation.
FORBES: Chinese Property Billionaires Lose $3.87 billion On Housing Curbs
Customers sometimes take out their anger on the local gas station as if it had the power to create stability in the Middle East or curb speculation in oil markets.
Its decision to press ahead now is part of stepped-up efforts since early last year, including two interest-rate rises, to curb speculation in the property market and show the poor it cares.
The government has been trying to curb property speculation by making it harder for second time home buyers to acquire property.
China began tightening credit and taking measures to curb property speculation since early 2010, and has vigorously implemented those policies ever since.
China has in the past two years implemented measures to curb property speculation and make housing more affordable, including higher interest rates and limits on house purchases.
In addition, lawmakers' recent pressure on the U.S. Commodity Futures Trading Commission to increase its oversight of energy markets might help curb any speculation contributing to the price run-up.
But Sebi chairman, DR Mehta, told the BBC that he was confident the markets would respond well to a measure which will not only curb excessive speculation, but do away with a system which was sometimes used by unscrupulous operators to rig the stock markets.
If speculation is responsible for these price rises then curbing speculation will curb the price rises.
Both that plan and one from the House are expected to include language to curb excessive oil-market speculation, which many lawmakers believe has artificially caused a spike in oil prices.
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