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Hyderabad metropolitan area to earn through land business

The land pooling scheme area should not be less than about 50 acres.

Hyderabad: With the announcement of the land pooling policy by the TS government in Hyderabad metropolitan area, the HMDA will start settling land to raise revenues.

The TS government said, to promote and facilitate planned development in the Hyderabad metropolitan region, it issued the Hyderabad metropolitan region land pooling scheme.

In the land pooling rules, the TS government said that the land pooling scheme area should not be less than about 50 acres and there is no restriction in case of other types of land assemblage, like development schemes/area development plan or any other land assemblage projects.

CRDA will pool the land from private persons and develop it with all requisite infrastructure. After developing the land, 50% will be returned to land owners. The state government in its rules said that of the remaining 50% land, HMDA is entitled to sell or lease or license or any manner. That means HMDA will pool the land from the public and develop it later when it will sell its part of the land. A senior officer in the government said generally the objective of land pooling scheme is for public purposes. For instance, the AP government has pooled the land from the farmers for the construction of the capital city. He said the land pooling scheme is not meant for “land business” by the government or any government institutes.

He said before issuing a notification for land pooling, the government or any of its institutions has to declare the purpose for which it is pooling the land from the public. “For the construction of a project or some institution, the government or its organisation can pool the land from the public but not for land business,” he said.

( Source : Deccan Chronicle. )
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