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AP capital city in five years: Naidu


 
Hyderabad, Oct 25 (INN): Andhra Pradesh government has decided that the capital city would require 30,000 acres, comprising of clusters and would come up in five years.

In a meeting with the members of the Capital Advisory Committee at Secretariat on Saturday, the Chief Minister said that the process of procuring land would be through land pooling system (LPS).

Only if land owners refuse to give land would the government opt for land acquisition. Under the LPS, 50 per cent of the land would be earmarked for common assets. The Chief Minister directed the committee to expedite the process of land pooling and said a special officer would be appointed to look into LPS.

The land pooling certificate, which would confer transferable rights on the reconstituted land, will be given to the land owner after the notification of layout plan is out.

The Chief Minister said that district collectors with respective local legislators and ministers would take the responsibility of convincing land owners for land pooling system.

In the meeting, it was also decided that an additional incentive in the form of Rs25,000 per acre, escalating at the rate of 5 per cent each year, for a period of 10 years, or till the first transaction, would be given to each land owner. The land owners would enjoy exemption from payment of stamp duty, registration fee and NALA.

Landless poor who lose their livelihoods will be provided training and other assistance for skill upgradation for employment opportunities, the Chief Minister said.

The Chief Minister with the committee decided that proposals could be initiated for the beautification and development of Vijayawada and Guntur.

Further, the existing VGTM-UDA would be dissolved before the Capital Region Development Authority (CRDA) is notified.

The committee also decided that a Urban Development Authority (UDA) for Visakhapatnam would be formed on the similar lines of the capital city. The Chief Minister would be the chairman of this UDA.




 
News Posted: 25 October, 2014
 

 

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