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Urban Planning

Layout Regularisation Scheme date extended

Sunday, 17 January 2010 05:06 administrator
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The Hindu 17.01.2010

Layout Regularisation Scheme date extended

Staff Reporter

Intimation letters issued to 10,000 applicants

HYDERABAD: The last date for the Layout Regularisation Scheme (LRS) offering regularisation of plot/layout has been extended till March 31. The Hyderabad Metropolitan Development Authority (HMDA) in a statement informed that the facility could be availed by submitting applications accordingly.

Under the scheme, the HMDA has already issued intimation letters to about 10,000 applicants informing them about the approval of their request and asking them to pay the balance penal amount within the stipulated period. With many applicants not having remitted the balance penal amount, the HMDA has put their details on the notice boards at its offices and also on its website ‘ www.hmda.gov.in’. For the old cases where HMDA has already sent acceptance letters to the request of the applicants, the payment date has been extended up to January 31,failing which the respective files would be closed and the initial penal amount would be forfeited, the statement added.

Last Updated on Sunday, 17 January 2010 05:10
 

Revised ready reckoner adds to BMC coffers

Saturday, 16 January 2010 13:07 administrator
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The Times of India 16.01.2010

Revised ready reckoner adds to BMC coffers

SUKHADA TATKE, TNN, 16 January 2010, 01:41am IST

MUMBAI: For the cash-strapped BMC, the latest revision to the ready reckoner (RR) rates has come as a welcome respite.
The new rates, which have been hiked by at least 18% compared to that last year, are likely to increase civic revenue from various fees on constructions as well as premium charged from developers. The BMC's revenue receipts might rise by at least a corresponding 20%, said officials.

Recent times have been tough for the civic body, which faced a cash crunch as income from development department and property tax dropped owing to the poor economic situation. The civic body has since been trying to up the collection; among many measures taken were hike in development charges and scrutiny fee and change in the rates in various categories by two to three times in the past few months. But while all of these proposals are pending with the state government, civic officials hope that the RR revision will tide over the crisis, even if in a small way.

"The premium collected on various developments and schemes is based on land rates. Therefore, the new revised rates are bound to increase our collection proportionately to the land rates both in the form of development charges and premiums,'' said V L Joshi, chief engineer, development plan (DP) department.

The state government, earlier this year, increased the market value of real estate by 10-20% in its ready reckoner 2010. The ready reckoner is a guide for the market price of residential and commercial properties, based on which stamp duty and registration fee for their sale and purchase are calculated.

Under the revised rates, a land owner would have to pay more stamp duty because his land got more expensive; the developer would raise the sale price of his finished property as his land acquisition cost got higher; and a retail buyer would have to cough up more for property, stamp duty and registration fee.

Last year, the slump in the property market saw collection of the development charges fall over the last few months of year. The BMC had proposed to the state government to increase the DP charges. The existing charges, which account for 25% of the total project cost or 2.5% of cost of construction, is being charged currently at Rs 250 per sqmt (as commercial component) and Rs 100 per sqmt (as land component). The commercial component is charged on the permissible area, while the land component is charged on area of the plot. The heavy revision being sought is Rs 800 per sqmt for commercial and Rs 320 per sqmt for the land component. BMC's target for revenue through development charges this year is about Rs 925 crore.
 

GHMC favours land-to-land deal with SCR

Monday, 11 January 2010 13:36 administrator
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The Times of India 11.01.2010

GHMC favours land-to-land deal with SCR

Koride Mahesh, TNN, 11 January 2010, 04:12am IST

HYDERABAD: In an attempt to settle the long-pending issue of land acquisition on the Sangeet-Tarnaka stretch with the South Central Railway (SCR), the Greater Hyderabad Municipal Corporation (GHMC) has recommended to the state government to allot land as compensation for SCR's proposed passenger and freight terminals.

The GHMC commissioner has recently recommended to the principal secretary,municipal administration and urban development (MA&UD) department to allot land to the railways.

Sources said the then chief minister Y S Rajasekhara Reddy during a review meeting with GHMC officials had agreed to consider allotting land to railways as land-to-land compensation to settle the issue immediately.

The SCR would lose 52,938 square (sq) metres of land on the Sangeet junction-Tarnaka stretch due to road widening. The railway authorities have so far handed over 34,056 sq metres to the GHMC for road widening, while there are about 80 structures on the remaining 18,881 sq metres.

GHMC and SCR are locked in a legal battle over land acquisition on the road for the last two years. While the railways is seeking land compensation as per the market value, the GHMC offered payout as per government rate, which is about Rs 7,000 per sq yard.

The High Court appointed a three-member committee to settle the compensation issue and the railways agreed to hand over land where there were no structures. Since then, the railways has been seeking alternate land, including Old Gandhi Hospital land, from the state government for its future projects.

The SCR sought over 1,000 acres for constructing passenger terminals at Moula Ali station, Hi-Tec City station and Medchal station. Similarly, it sought about 600 acres land for freight terminals at Timmapur, between Nagulapalli and Vikarabad station and between Bibinagar and Bhongir station.

The GHMC has recommended that the land, being sought by the railways for its terminals, may be examined by district collectors for availability and feasibility to reserve it for the government utility.

"If the land is available, it need not be given to railways immediately, but can be earmarked for future purpose except the extent of land which is equal to the land railway is losing in road widening. The rest can be reserved and it may be handed over as and when the land-related issues are addressed properly," the commissioner said in a letter.

The GHMC said railway authorities have already made it clear that they would not seek any compensation and would also return Rs 45 crore paid by the GHMC towards land compensation.

"GHMC is in a financial crisis now. If the state government gives land, there will not be any burden on the corporation. Also, we will get back Rs 45 crore from Railways which can be used for road widening works," a senior official of the GHMC said.

 
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