Haryana lifts ceiling on non-farm ground

25.08.2011 | Author: delhi2gurgaon | Posted in Real Estate
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Delhi Property News  eminent,25,2011.: The Haryana gathering on Wednesday indifferent the limit on ground ownership by a person or entity in justification of non-agricultural ground in urban and manufacturing zones. This comes with a contemporary Punjab and Haryana distinguished incite observation on “grave violations” of ground ceiling laws by real estate companies, several of which own hundreds of acres of ground.
The gathering voted for the Ceiling on Land Holdings (Amendment) law, 2011, which is likely to bring greater transparency into ground worth. Sources understood with the intention of earlier, confidential developers and even manufacturing units used to approve of small patches of lands in uncommon names, if single to comply with the norms of the earlier play a role.
The most ground holding ranged linking 7.5 hectares and 18 hectares. The extra law will be applicable on all suitcases of non-agricultural ground ownerships with 1975.
Only a fortnight past, the revenue specialty of Haryana issued an law on these shape to remove uncertainty and allay the unenthusiastic things on infrastructural projects fit up in the state owing to issues arising made known of the ceiling laws on urban and manufacturing ground. “All the development , counting the housing and manufacturing projects in cities like Gurgaon and Faridabad , be inflicted with occur up on patches of ground with the intention of were technically agricultural. Our ground ceiling laws were formulated as the state was an agrarian society. But things be inflicted with altered and the law had to be amended,” understood Haryana’s revenue desk Raj Kumar.
He admitted with the intention of the come forth came into focus with the contemporary observation of the distinguished incite. “There are a hardly any industries in Gurgaon and other parts of Haryana, which be inflicted with occur up on ended 100 acres of ground. Continuing with the old norms may possibly be inflicted with posed a risk to all such development,” Kumar understood. This amendment will occur as a lofty relief to confidential developers who had been setting up several nonoperative firms to approve of patches of ground. “Earlier, public used to take enormous patches of ground by violating the law. But currently it will be more transparent,” understood Naveen Raheja, who heads the real estate cell of Assocham.

Haryana lifts ceiling on non-farm ground
Delhi Property News  eminent,25,2011.: The Haryana gathering on Wednesday indifferent the limit on ground ownership by a person or entity in justification of non-agricultural ground in urban and manufacturing zones. This comes with a contemporary Punjab and Haryana distinguished incite observation on “grave violations” of ground ceiling laws by real estate companies, several of which own hundreds of acres of ground.
The gathering voted for the Ceiling on Land Holdings (Amendment) law, 2011, which is likely to bring greater transparency into ground worth. Sources understood with the intention of earlier, confidential developers and even manufacturing units used to approve of small patches of lands in uncommon names, if single to comply with the norms of the earlier play a role.
The most ground holding ranged linking 7.5 hectares and 18 hectares. The extra law will be applicable on all suitcases of non-agricultural ground ownerships with 1975.
Only a fortnight past, the revenue specialty of Haryana issued an law on these shape to remove uncertainty and allay the unenthusiastic things on infrastructural projects fit up in the state owing to issues arising made known of the ceiling laws on urban and manufacturing ground. “All the development , counting the housing and manufacturing projects in cities like Gurgaon and Faridabad , be inflicted with occur up on patches of ground with the intention of were technically agricultural. Our ground ceiling laws were formulated as the state was an agrarian society. But things be inflicted with altered and the law had to be amended,” understood Haryana’s revenue desk Raj Kumar.
He admitted with the intention of the come forth came into focus with the contemporary observation of the distinguished incite. “There are a hardly any industries in Gurgaon and other parts of Haryana, which be inflicted with occur up on ended 100 acres of ground. Continuing with the old norms may possibly be inflicted with posed a risk to all such development,” Kumar understood. This amendment will occur as a lofty relief to confidential developers who had been setting up several nonoperative firms to approve of patches of ground. “Earlier, public used to take enormous patches of ground by violating the law. But currently it will be more transparent,” understood Naveen Raheja, who heads the real estate cell of Assocham.

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