CREDAI for direct purchase of agricultural land in Karnataka

November 10, 2013 12:30 pm | Updated 12:30 pm IST - Bangalore:

The industry body, Confederation of Real Estate Developers’ Association of India (CREDAI), in a charter of demands, has appealed to the government to allow direct purchase of agricultural land in development plans prepared by the Bangalore Development Authority (BDA), the Bangalore Metropolitan Region Development Authority (BMRDA) and the Bangalore International Airport Area Planning Authority (BIAAPA). “At present, a non-agriculturists cannot purchase agricultural land directly from land owners,” it pointed out.

Further, it said lands earmarked for development plans prepared in Mysore, Mangalore, Belgaum, Hubli-Dharwad and Gulbarga should be exempted from the application of Section 79 A and B of the Land Reforms Act since these lands are declared as eligible for development for residential or industrial purposes.

“In view of these lands having lost their agricultural status, the government can exempt these lands from the application of the Land Reforms Act,” it added.

The CREDAI has also pointed out that the registration of sites in the BIAAPA and the BMRDA areas for the past four months has been stopped since khata extract, issued by panchayat authorities for registration purpose, is being asked in the computer format. The registration has come to a standstill since most panchayats do not have computers to generate the khata extract.

The industry body, CREDAI, has urged the government to allow registration of properties that have been approved by the planning authorities.

It has also urged the State government to bring down the stamp duty rate on joint development agreements.

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