News
Authorities allowed to buy land directly from owners, farmers
The UP Government has given the green flag to development authorities and housing boards across the state to directly purchase land from the owners and farmers for development.
According to a published media report, the decision will allow the Ghaziabad Development Authority (GDA) to purchase land to develop townships, for which it has been facing issues.
“The approval for purchase of land up to 10 acres can be made by the Vice-Chairman of the Authority. Purchase of land over 10 acres has to be approved by the respective board. The rates for the land will also be approved by a committee headed by the district magistrate,” a senior GDA official was quoted in the media.
The report said the Government order has made it clear that the land purchased in urban areas should not cost more than twice the market rate or the prevalent circle rate, whichever is higher. A price up to four times the market rate or circle rate has been allowed for land in rural areas.
In an earlier provision in May 2015, the rate of land costing up to Rs 10 crore was to be decided by a committee headed by the additional district magistrate and then approved by the district magistrate. Land costing more than Rs 10 crore was to be decided by a committee headed by the district magistrate and then approved by the divisional commissioner.
“This process was time consuming and we had asked the state-level officials to simplify the process and allow the direct land purchase. There has been an issue and several acres of our land is tied in litigation due to which the authority could not carry out development works. With the new provision, the authority has formed a committee to look into possibilities of direct land purchase and development of townships,” the official added.
-
News3 weeks agoJewar Airport ‘Ready’, Likely to Be Inaugurated by PM Modi By Late Next Month
-
News4 weeks agoBudget 2026 Positions Tourism & Hospitality as Economic Multiplier, Not Support Sector
-
News1 week agoHiranandani Communities Launches Watersports Centre at Premium Coastal Hiranandani Sands, Alibaug Township
-
News5 days agoStrategic Partnership between Brigade Group, Primus Senior Living to Develop Senior Living Communities
-
News4 weeks agoAshiana Care Homes & Epoch Elder Care Partner to Strengthen Assisted Living & Specialized Senior Care in India
-
News2 weeks agoSambhav Homes Completes 85-acre Land Delivery for ₹600-Cr ESR Hosur Advanced Manufacturing Park
-
Interviews3 weeks agoFrom Square Footage to Soul: Redefining the Urban Living Ecosystem
-
News3 weeks agoNew Training and Certification System Implemented for Real Estate Agents in Uttar Pradesh

