HMDA land pooling to cover over 11,000 acres
Hyderabad: Buoyed with the success of the Land Pooling Scheme (LPS) at Uppal Bhagayat, the Hyderabad Metropolitan Development Authority (HMDA) decided to go ahead with the scheme for over 11,000 acres of land. Choutuppal, Keesara, Kandukur, Kothur and Shankarpally are the locations where the land is being pooled and used for developmental purposes. Among these […]
Hyderabad: Buoyed with the success of the Land Pooling Scheme (LPS) at Uppal Bhagayat, the Hyderabad Metropolitan Development Authority (HMDA) decided to go ahead with the scheme for over 11,000 acres of land.
Choutuppal, Keesara, Kandukur, Kothur and Shankarpally are the locations where the land is being pooled and used for developmental purposes. Among these land parcels being acquired, 9,700 acres of land is located near Outer Ring Road (ORR) junctions.
According to HMDA officials, at some sites, a draft layout has already been prepared and registration of the development agreement has been completed. “At some plots, a concept plan has been discussed with the property owners following which a draft plan will be prepared. The pattadars agreed to participate in LPS. Preliminary inspections have been completed and draft layout is being prepared,” an HMDA official said.
The LPS scheme in Telangana is regarded as one the best readjustment techniques as it is a win-win situation for all stakeholders. In this module, the State government need not invest money for developing infrastructure denting its coffers and the plot owners become partners in the development process.
In this particular project, which pertains to 11,000 acres of land, the plot owners are mostly farmers, and under LSP, they get 60 per cent of the land acquired while the developer, HMDA in this case, gets 40 per cent. This was not the case earlier where an equal amount of land was shared by the property owner and developer.
The reconstituted land that the farmer gets from HMDA is equipped with infrastructure such as water supply, roads, drainage, open spaces, electricity and community service among others. In this public participatory mechanism, the HMDA which acts as a facilitator will plan and provide the necessary infrastructure.
One of the important factors of this reconstituted land parcel is the branding by the State government.
The plot or the venture ie., the 60 per cent land handed back to the plot owners which is now equipped with amenities is branded as ‘Developed by HMDA’, giving property owners an edge over other land parcels. The branding is considered as a clean chit by investors as the buyer shall no longer rely on a property agent or have to check the plot in the prohibited list or visit government departments to check whether the survey number is caught in litigation. Under the LPS scheme, for the allocated sites, the State government’s wing that acquires the land will pay the Non-Agricultural Lands Assessment (NALA) charges and registration and stamp duty of sale deed.
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