NEWS

Maharashtra plans 4 times Ready Reckoner Rate for Rural land Acquisition


January 19, 2018

Privately owned land in rural areas acquired for public infrastructure projects will now get an increased compensation four times the Ready Reckoner rate.

The state cabinet on January 17 cleared the proposal to amend the Land Acquisition Act 2013, which will subsume four different Acts once it is cleared by the House.

The four Acts—Maharashtra National Highway Act 1955, Maharashtra Industrial Development Act 1961, Maharashtra Housing and Area Development Authority Act 1976, and Maharashtra Regional and Town Planning Act 1966—empowered government agencies to acquire land in different ways. When enforced, the amended Land Acquisition Act will bring parity in the acquisition rates.

Currently, project-affected persons get 2-3 times the RR rate when their rural land is acquired by the state.

State plans 4 times RR rate for rural land acquisition

Due to the cabinet decision, the price of land acquisition under these four state legislations will also be given to the rural landlord at four times the market price.

Officials said this will ensure that land is acquired easily and the project takes off smoothly. "Often, land acquisition is the issue. It delays the project, leading to cost escalation," said a senior revenue department official.

The state government has also decided to take control of private land by direct purchase through negotiation, which means the department can decide to give more than four times the compensation amount depending on the project and its importance. For instance, the compensation announced by the state government for land procurement for the Mumbai-Nagpur Super communication Highway is nearly six times the RR rate.



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