In Singur, a different kind of discontent brews now
delayed resolution will only lead to a situation where people will start questioning the Government’s willingness to return their land
Jul 07, 2013
Source : The Hindu Business Line

Days ahead of the scheduled panchayat polls on July 15, Singur — the place that was instrumental in Mamata Banerjee’s rise as Chief Minister — is slowly, but surely, losing faith over her promise to return acquired land.

A legal dispute between the Tatas and the State Government is now pending in the Supreme Court, and land losers in Singur are not interested any more in prolonging the impasse.

“We would be happy with a solution now,” the activist points out. Initially, farmers were offered Rs 9 lakh an acre. The market price stands at Rs 45 lakh an acre.

According to another local leader in Singur, delayed resolution will only lead to a situation where people will start questioning the Government’s willingness to return their land. “It doesn’t take much time for discontent to brew,” he adds.

For the immediate panchayat polls though, there are no worries.

The five mouzas (an administrative unit covering a few villages) from where land was acquired for the Tata Motors plant have 16 gram panchayats and a panchayat samiti. Of these, the Trinamool holds power in 15 and in the panchayat samiti.

Wait and Watch

The groundswell of resentment, locals admit, was contained to some extent by the State Government. Announcement of a moratorium of Rs 2,000 and 16 kg of rice a month for every family that has lost land has, if local leaders are to be believed, defused some tension.

“Most of my 4 acres of land was acquired. But yes, this moratorium and rice has helped,” Bottokrishna Das of Beraberi told Business Line. Local Trinamool leaders know that a “wait-and-watch” policy isn’t a solution.

The ensuing rural polls might see a complete rout of the CPI (M) again. But with all 16 gram panchayat seats being contested, primarily between the Trinamool and CPI (M)-led Left Front, dissenting voices might find a taker. While the Trinamool domination is more or less a fact, the CPI(M) is not a spent force. A few kilometres off Beraberi is Bajemelia – another mouza singed by the same grouse of land acquisition.

But here, the failure of the ruling party to deliver on its poll promise (returning land) is an issue.

“I know my neighbours are ruing their decision to not take the compensation. They have told me so on many occasions. But they will not go public with their grouse,” Tapan Majhi, one of the sharecroppers from Bajemelia said. Majhi now runs a tea-shop in the nearby market.

His immediate neighbour is Shankar Majhi. Shankar admits to being an “unwilling” land loser but fends off questions with a smile.

Latest Realty News

Property for Rs 20-40 lakh available in Kolkata
Jun 26, 2013
KOLKATA: Are you planning to invest Rs 20–40 lakh in Kolkata? Rajarhat is one locality you can opt for. Property in this price segment is easily available in Rajarhat and in demand by 40 per cent of people living in Kolkata.
CII: Emerging investment hotspots
Jun 25, 2013
DELHI: India has its own unique and integral complexities and business is not an exception to it. Corporations strive for increased efficiency and productivity amidst these complexities. Real estate is an integral ingredient in the formation and growth of all businesses and steadily maturing into a big business itself.
Buying a property just got a bit more cumbersome
Jun 25, 2013
MUMBAI: A common saying goes, to know "stress", organize a person's marriage or endeavor to build a house. Consider the various factors which affect the decision on the purchase or building of a house, they range from vastu, legal documentation, anticipated appreciation in value and maybe even the whims and fancies of the relatives. Clearly, factors which may cost a common man, seeking to obtain a roof over his head, many a nights sleep. Well, thanks to the Finance Act, 2013, the stress has been
Dissecting The Role Of Real Estate Regulator In India
Jun 25, 2013
KOLKATA: The Central Government Cabinet approved the Real Estate (Regulation & Development) Bill on 5 June 2013. The aim of the bill is to create a Real Estate Regulatory Authority and an Appellate Tribunal that will act as a watchdog for the housing sector, primarily towards protecting consumer interests while creating an alternative redress mechanism for any disputes that may arise.
Bangkok cheapest office location in Asia; Hong Kong most expensive
Jun 25, 2013
BANGKOK:Bangkok was the cheapest city for office rents in Asia this year, while Hong Kong was the most expensive, an international property consulting company said on Monday.
CREDAI bats for realty reforms with Girija Vyas
Jun 24, 2013
DELHI: Praising the Union Government’s efforts towards real estate reforms, realtors’ apex body Chairman Lalit Jain expressed the hope that the new Housing and Urban Poverty Alleviation Minister Ms. Girija Vyas will continue with the unfinished task of her predecessor Mr Ajay Maken.
How new real estate bill could reshape the realty ecosystem?
Jun 20, 2013
MUMBAI: 1) Project Registration When the Real Estate (Regulation and Development) Bill 2013 comes into effect, all projects will have to be registered with a real estate regulatory authority.
The Bill will be a boon for homebuyers
Jun 19, 2013
MUMBAI: The Real Estate Regulator Bill which was recently approved by the union cabinet, has been several years in the making now and hasn’t had smooth sailing from the start. Apart from inordinate delays, it faced much resistance from the real estate fraternity at initially who were afraid that this Bill would prove to be yet another regulatory bottleneck, rather than a regulation that would empower the industry and its homebuyers.
Road building revival offers rare hope for India infrastructure overhaul
Jun 18, 2013
MUMBAI/DELHI: K. Ramchand, managing director at one of India's biggest road builders, is doing something unusual to help dispel the gloom pervading much of the country's infrastructure sector today: bidding for new projects.
Realty Bill will make homes costlier, says Credai chief
Jun 18, 2013
MUMBAI: The proposed Real Estate Regulatory Bill is “welcome”, but it may make homes more expensive. Mandatory registration of property before advertising is likely to impact smaller players, says C. Shekar Reddy, National President, Confederation of Real Estate Developers Association of India (CREDAI). But pushing for amendments to the Bill is not his only issue. Staving off taxes charged on deemed profits (the differential amount that arises when the registration value of a property is higher

Latest Realty News Of State

Realty Talk's