Land owners to get 25% in UP projects
Feb 07, 2014
Source : The Times of India

 

LUCKNOW: Land owners in Uttar Pradesh will now be entitled to own at least 25% of their total land acquired after the completion of the development project for which the acquisition had taken place. The provision is part of the new State Urban Housing & Habitat Policy (SUHHP) 2014, the draft of which was cleared in principle by the state cabinet on Wednesday.

Talking to the media after the cabinet meeting concluded, chief minister Akhilesh Yadav expressed hope that the new policy would do away with existing provisions which led to exploitation of petty farmers owning small patches of land. Interestingly, the SUHHP 2014 is broadly based on the policy that presently exists in Gujarat and has been hailed by one and all, including the developers and the farmers whose land has been acquired under the framework.

The cabinet also authorised the chief minister to clear the draft after required amendments. Once finalized, the SUHHP 2014 will replace the existing housing policy in UP that was formulated almost 20 years ago. Despite rampant urbanization over the last two decades, the land acquisition was made as per the provisions of the policy that came into being in 1995. Land acquisition by state and central government had led to major law and order crises in the state in the last few years. The new policy also minimizes the intervention of the state agencies in land acquisition process as it provides ample scope for the developer and the land owner to negotiate directly.

At present, the development authorities pay the farmers once the district magistrate has awarded the compensation. Still, there is discontent among the farmers and, many a time, the acquisition process gets entangled in legal battle, the prime example being the 1,500-acre Prabandh Nagar scheme in Lucknow which has failed to take off since 2007. The farmers had refused to part with their land even after the Lucknow Development Authority (LDA) agreed to pay an amount twice the circle rate.

The SUHHP 2014 will help to eliminate exploitation of the farmers, particularly those who owned a small patch of land. Most of these small land owners were till now compelled to accept the compensation offered by the agency with acquires the land irrespective of the escalation in value once the area was developed. The new SUHHP was in line with the framework provided in the National Urban Housing and Habitat Policy that was cleared by the union government in 2007.

The new draft provides for a system which reduces the burden of paying compensation to the land owners as it offers ownership in the developed project directly. The policy is sure to benefit the land owners particularly in situations where the land is acquired but the development process takes years after the compensation against land acquisition is paid.

As per the housing department officials, under the scheme, a compact area will be selected in consultation with land owners for urban development. The authority concerned will provide infrastructure through funds obtained by commercially selling a part of land. The remaining land, whose value would have increased with the provision of infrastructure, will be reallocated to the participating land owners. Land owners, however, cannot claim their own piece of land. The biggest advantage of this arrangement is that it avoids public discontent and protests, and, above all, no money is required for acquiring land since there is no provision for payment of compensation.

In case the land owner's piece of land is reserved for public utility like a road, a park and the like, then the land owner would be entitled to transfer of development rights. Under the new policy, Housing schemes will have to compulsorily reserve 20% of the housing units for the poor and financially weaker sections of the society. The parameters to define the status of the two categories were however yet to be finalized. In case the acquired land is used for Higher Use category, then the government would provide legal help to land owners to claim "Urban Use" fee from the developer.

The new policy also provides for compulsory accommodation of public utilities in housing schemes which will include public toilets, bus stops, underpass / foot over bridges for pedestrians, vending zones, solid waste management transfer station, sanitary landfills and the like.

The cabinet also decided to encourage use of non motorized vehicles for mass public transport like Metro rail, CNG based Bus Rapid Transit System (BRTS) apart from boosting construction and laying of ring roads and bypass in and around major cities to decongest the crowded commercial and residential pockets of the state.

Latest Realty News

Realtor Tulsiani Group to invest Rs 2,000 crore in UP
Jan 30, 2014
LUCKNOW: Realtor Tulsiani Constructions and Developers Limited has planned to invest almost Rs 2,000 crore in Uttar Pradesh over the next 3-4 years. The investment would flow in its various residential and commercial projects either already underway or in pipeline.
UP government to form a joint venture for Delhi Mumbai Industrial Corridor project
Jan 22, 2014
LUCKNOW: Uttar Pradesh government will enter into an agreement with the centre for developing infrastructure in integrated industrial townships in the state along the Delhi Mumbai Industrial Corridor.
LDA to build housing tower for IAS
Jan 17, 2014
LUCKNOW: TheLucknow Developemnt Authority in its 151st board meeting approved construction of a new housing tower for IAS officers in the city, on 3.5 acre of CSI lawns, near CSI tower in Gomtinagar. CSI tower is the only building for providing houses, exclusively to administrative officials.
Kerala relaxes land rules for issuing title deeds
Dec 27, 2013
THIRUVANANTHAPURAM: In a relief to settlers in highland areas, the Congress-led UDF Government in Kerala has decided to waive restrictions on transaction of farmland held by them as part of the condition for issuing title deeds.
Affordable housing on realty majors' agenda
Dec 14, 2013
LUCKNOW: Affordable and economically weaker sections (EWS) housing would be the central theme at the annual summit of the country’s leading real estate developers this week.
Four more FIRs against Persist real estate
Dec 10, 2013
LUCKNOW: Investors from three different parts of the country lodged FIRs against the directors of Persist real estate and Tisca holding on Friday. After learning about the fraud of the company through the media, several investors are approaching Vibhuti Khand police station with complaints of fraud.
Insufficient labour paving way for automation in construction industry
Dec 05, 2013
Uttar Pradesh: The construction industry is labour intensive and therefore, dependent on manual workers from states like Bihar, Uttar Pradesh etc. However, the industry is grappling with a shortage of these workers, mainly because of the Government providing cereals at low or no cost along with ample new job opportunities and improved conditions in their native and nearby states. This has resulted in a decrease in migrants to metro cities for livelihood and has already started affecting the cons
Lucknow Municipal Corporation's development plan for city addresses growing needs
Nov 20, 2013
LUCKNOW: The Lucknow Mumnicipal Corporation on Tuesday met officials from Jal Nigam, Jal Sansthan, Lucknow Development Authority, Metro Cell, Public Works Department, Traffic, UP Housing and Development Board, along with some NGOs with a presentation on the revised citydevelopemnt plan and ask for their suggestions on the same. Municipal commissioner R K Singh chaired the meeting.
Builders continue construction at sealed buildings
Nov 01, 2013
KANPUR: Kanpur Development Authority (KDA)'s efforts to check the construction in sealed buildings proved insufficient as construction work was still underway in those buildings.
Mayor discusses concession to be given in house tax
Oct 21, 2013
ALLAHABAD: Mayor Abhilasha Gupta conducted a meeting on Saturday regarding concession given in house tax and implementation of the advertisement policy.

Latest Realty News Of State

Realty Talk's