The State government seems to have been spurred into action by the clamour for payment of market rates for land acquired for development projects.
Revenue Minister Adoor Prakash told The Hindu on the sidelines of the recently concluded Emerging Kerala summit that land value revision had become necessary in some areas.
“District Collectors have been asked to revisit land prices realistically and submit a report to the government,” Mr. Prakash said.
Need for consensus
He said that a consensus would be reached within three months about the land to be allocated for projects that came up during the Emerging Kerala.
Mr. Prakash said that land will not be allocated solely on the basis of demand by the prospective investor.
“All issues concerning to the State, including environment, will be taken into account before land allocation. No investor can be handed over as much land as he demands wherever he wishes,” the Minister said. Factors such as the type of business that suits the State, the extent of land such a business warrants, viability of the project, the kind of investment it brings, and the benefits to the State from it will be considered before allocating land.
