Image Credits : DNA

Recently, the State Government of Maharashtra has decided to extend the TDR for various urban conglomerates in all over the state, so that all development schemes can run smoothly even after imposing the land reservation bill. The Transfer of Development Right (TDR) is given by state government in return of land.

State Government of Maharashtra has imposed land reservation for the development of essential facilities such as; education, hospital, institutions, recreation centers and more. Now onwards after this decision, state government can acquire those reserved plots to lie give TDR to the owner of land. However; this TDR can be used for the construction of additional floors in a building and these additional floors can be sold in the market, so that land owners can get freedom from their dues. According to latest decision of state government, now government is free to acquire such reserved plots.

As per the statement of officials of Senior Urban Development Department, “In present, TDR is only available in Mumbai. State Government of Maharashtra has approved its extension of TDR for the urban conglomerate, as currently state government has no or very little funds because most of the available land are neither bought nor compensated and this is the main reason for delayed in several development projects. Allowing TDR will provide an opportunity for the development in upcoming urban localities”. According to Sunil Mantri, President of NAREDCO, an umbrella body of real estate developers; welcomed the decision of state government and government does not have money or resources to buy these reserved lands and due to that development of the region is stuck”. Now the main issue has been removed. Most of the Tier I and Tier II cities are witness for rapid development and urbanization. And due to that state government has changed the policies as per demand and new fabric.

In metro cities, lands are shrinking day by day and due to that TDR is great concept to get the vital land. Apart from that its win-win situation for land owners and state government because land owners will get the equal size of the virtual land and on the same time state government will use the actual land for further development without  spending a single penny.

New Super Expressway between Nagpur and Mumbai

Nagpur and Mumbai in only 10 hours, that’s what Maharashtra government is promising to offer through the construction of new super expressway.

On Thrusday, Chandrakant Patil, Maharashtra Minister of Textile and Public Works announced that state government is going to build brand new six lane super expressway between Nagpur and Mumbai with an aim to reduce the travelling time from current 16 to 18 hours to 10 hours. The more he informed that state has entered in to a pact with the central government with an aim to construct this new super expressway and their endeavor is to create project in next two to three years. However; Devendra Fadnavis, Chief Minister of Maharashtra had also earlier spoken about construction of a Nagpur to Mumbai 8 lane super express way project, but due to acquisition issues currently project is facing some obstacles.

Still state government has to decide that it will be six or eight lane super expressway because in initial talk state government is proposing six lane road super express way and if it will solve the land acquisition issues, so state government will add two more lanes in it.

Chandrakant Patil stated that land for the 6 lane expressway has already been acquired by the state. The more he added that 3839 Km of the state’s roads will get converted into the highways and on this point Nitin Gadkari, Minister for surface Transport and Ports also agreed.

Image credits : DNA

In Maharashtra, major land records reform is about to come as State Government of Maharashtra is set to do the geo-mapping and geo-referencing of urban properties and it will help the potential buyers and investors to keep themselves away from being cheated, reduce litigations and ease property transactions. Government will not map the properties on just papers of the property cards but also it will be in terms of geographical co-ordinates through which you can see the property with the help of Google maps. It will help the state governments to move to a clear and guaranteed title of land ownership in all over state.

The problem come in existence when government found that there is existence of multiple land registers such as; department of land registration, department of land records, municipal bodies and stamps whose data bases are not linked with each other. The land prices are shooting up in the sky and due to that most of the persons are trying to cheat the property buyers in transactions. However; the major drawback of the present system is that as a land owner all you need to provide the papers of land with presumptive title of the land without any guarantee of the ownership for that specific land. Whereas; the proposed new system will make the whole process easier for home buyers, small investors, large investors or industries by guaranteeing clear land title. With the help of new system it will be much easier to purchase a land without the help of experts or middleman because you will not need them to check the land records and land title as with the help of map you will be able to check flats or apartments title b yourself. According to Sambhajirao Kadu Patil, Settlement Commissioner and Director of Land Records, “This new system will reduce the cases in which land being sold to multiple parties. We will digitize and restructured all the property cards and they will be available on our website. We are doing mutations of land records, which will be available on our website, so if there will be any transaction at the sub-registrar’s office, it will be automatically recorded here”. The more he added that currently, there are 55 lakh property cards in all over Maharashtra.

According to Kadu Patil, “This is ultimate vision and concept to stop the cheaters by linking property records and municipal records in all the different departments. The more he added that currently we had a record of horizontal properties as well as records of vertical properties, which was constructed on them for the sales to other but they were not captured in those records, but these details are existed in the civic bodies for the purpose of assessment”. However; horizontal properties includes land and vertical properties include flats. Currently all the departments are working to bridge the gap and its big challenge, but we are working on that. The main concern is that whenever people purchase property or any other land, they just want to ensure the entry in the land records, but still there is no scientific geo-referencing of the site is available. And due to that now we are trying to capture the geographical co-ordinates of those properties such as; longitude and latitude on the property cards with an aim to tag them with universal co-ordinates, said one of the Senior Official from the department. The more he added that, We will examine and try to do this on the property cards because it will add the element of uniqueness in each and every property and property buyers or investors will be able to geo-reference as compared to the present system which is misleading enough to property buyers or investors.

According to officials, if property has not been measured properly, so its easy to sold them multiple parties or if plot has been sub-divided in different parts, so there is confusion on the sale and purchase. There will be no mapping of the individual plots or sub-divisions, until owner registered them because it can complicate the whole process. The geo-referencing of the property make it possible for individual apartments and flats to be mapped out with the details of transactions, sales and purchase.