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75K HOUSES ON BDA LAND TO BE REGULARISED “REGULARISATION AND RE-ALLOTMENT WAS NOTHING BUT RECONVEYANCE” SECTION 38(D) PROPOSED IN BDA ACT

 
 
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75K HOUSES ON BDA LAND TO BE REGULARISED “REGULARISATION AND RE-ALLOTMENT WAS NOTHING BUT RECONVEYANCE” SECTION 38(D) PROPOSED IN BDA ACT
by System Administrator - Saturday, 16 May 2020, 6:33 PM
 

By : M.S.Yatnatti: Editor and Video Journalist Bengaluru :The government will regularize 75,000 houses built illegally on land acquired by Bengaluru Development Authority (BDA) before 2008,12 years in minimum procession .The cabinet decided to promulgate an ordinance to amend the BDA Act 38(d)to facilitate this. The Authority has not taken possession of these lands for various reasons."Neither is the government getting any tax from these houses nor do the owners have valid documents. At the same time, demolishing such a huge number of houses is not easy.While the houses built on 20X30 sites will be charged 10 per cent of the guidance value of the area for regularisation, houses built on 30X40 sites will have to pay 20 per cent. Houses built on bigger dimension sites like 40X60 and 50X80 will be regularised at 40 per cent of guidance value. However, no vacant site will be regularised. At the same time private layout norms has been relaxed .The cabinet decided to amend the Town and Country Planning Act to help private layout developers sell sites in a phased manner. In the existing Act, developers get permission to sell sites only after completing the entire project. "This has resulted in many developers facing liquidity problem. If the builder develops 40 per cent of the project area with infrastructure like water, electricity, drainage and roads, he/she will be allowed to sell sites. The builder can sell sites in another 30 per cent area in the next phase, "according to press reports.