Sources from Town and Country Planning department revealed that the city of Chennai has also joined the list of cities practicing the new land pooling concept which has been adopted from Gujarat. The concept is nothing than providing provisions for the economical class. To explain in detail, the government provides small sized land for those whose property has been demolished or occupied in the road expansion plan for the betterment of the city. Earlier, the government used to offer just money but now land in any area is offered to the owners.
As per the Development Control Regulation, the department is following the current trend. Also, it is said that the weaker group owners will be given about 10% of their property if the government takes over around 1hectare of their land. The government plans to grant a smaller area with certain restrictions for the upper class people to attract them. Further, the latest plan registers 32 square meters and 60 square meters as minimum and maximum size range. Only ground and first floor comes under the built-up area and not more than 7 meters.
The Tamil Nadu state government adopted this latest concept to make people come forward to render their land willing for the development of the city. The authorities are now in the process of designing the development sketch for the layout. After the approval of plan, the plots given to the government by the owners will be used up for development processes such as planting trees along the roadside, extending the road to minimize traffic, parking space and lots more. After getting amount from the central, the government will start its work for the city’s growth. Recently, many people have given their plots along the side of ORR for the construction of this new corridor. Most of the Amarprakash projects are located in closeness to ORR. Amarprakash builders reviews are provided excellent for their connectivity level.
Government resources state that the land will be given to economical groups and other owners. Due to this latest scheme, around 45% of the plots or properties contributed will be retained to the owners. Further, compensation in terms of money will also be provided to the landlords by considering the original market value of the plots. This concept brings only profit to the owners since they get huge returns than what they actually about to get from their own asset.
As per the Development Control Regulation, the department is following the current trend. Also, it is said that the weaker group owners will be given about 10% of their property if the government takes over around 1hectare of their land. The government plans to grant a smaller area with certain restrictions for the upper class people to attract them. Further, the latest plan registers 32 square meters and 60 square meters as minimum and maximum size range. Only ground and first floor comes under the built-up area and not more than 7 meters.
The Tamil Nadu state government adopted this latest concept to make people come forward to render their land willing for the development of the city. The authorities are now in the process of designing the development sketch for the layout. After the approval of plan, the plots given to the government by the owners will be used up for development processes such as planting trees along the roadside, extending the road to minimize traffic, parking space and lots more. After getting amount from the central, the government will start its work for the city’s growth. Recently, many people have given their plots along the side of ORR for the construction of this new corridor. Most of the Amarprakash projects are located in closeness to ORR. Amarprakash builders reviews are provided excellent for their connectivity level.
Government resources state that the land will be given to economical groups and other owners. Due to this latest scheme, around 45% of the plots or properties contributed will be retained to the owners. Further, compensation in terms of money will also be provided to the landlords by considering the original market value of the plots. This concept brings only profit to the owners since they get huge returns than what they actually about to get from their own asset.