Further, the Land Acquisition and Rehabilitation and Resettlement Authority is proposed to be established for settling disputes relating to acquisition, compensation, and R&R. The industry has expressed its concerns that the method of calculation of compensation may hamper the acquisition of land at competitive rates, further pushing up land prices. Also, the requirement of obtaining prior consent of persons affected and conducting Social Impact Assessment, though imperative and laudable, may make the acquisition process more elaborate and time-consuming, thus affecting large-scale projects and industries dependent on Gift city latest updates availability of land. Land Pooling since the land acquisition, development and disposal policies framed previously have failed to address the issues involved in the land acquisition process planned development is struggling to keep pace with the increasing demands of urbanization. The process of acquisition and quantum of compensation is increasingly being challenged by land owners.
Keeping this in mind, various States including Delhi, Haryana and Punjab are coming up with innovative land pooling schemes and models. For instance, the land pooling policy proposed by Delhi Development Authority for Delhi is based on the concept wherein the land parcels owned by individuals or group of owners would be legally consolidated by transfer of ownership rights to the designated land pooling agency which would later transfer the ownership of the part of land back to the land owners for undertaking development of such areas, thus giving land owners an option to become partners in the development process. Gift city latest news Records the National Land Records Modernization Programme was conceptualized in 2008-09 by Ministry of Rural Development for the creation of an integrated land information management system with up-to-date and real time land records, mutation records, digitization of maps as well as training of officials, with the ultimate goal of conclusive titles with title guarantee in India. This is integral for securing property rights, minimizing land disputes, and increasing overall efficiency of the economy. Other services such as providing land-related certificates caste certificates, income certificates, domicile certificates etc abolition of physical stamp papers and electronic payment of stamp duty and registration fees, automatic mutations and single-window services are as well as envisioned under this programme In this regard, the draft Land Titling Bill, 2011 has as well as been proposed.
The current system of physical property records has many drawbacks such as duplication of property records maintained by different government bodies, inaccurate and missing records, time-consuming process of updating property records, to name a few. This Bill provides for the establishment, administration and management of a uniform system of conclusive property titles through digitization of property documents. Any title recorded in accordance with the provisions of this Bill when enacted, shall be considered as evidence of the marketable title of the titleholder, subject to other provisions of the Bill. All such information will be available in the public domain and furnished upon request. Many States such as Uttar Pradesh, Haryana and Delhi are already undertaking digitization of land records. Stamping & Registration In various States such as Delhi, Gujarat, Karnataka, Maharashtra, Assam, Tamil Nadu, Rajasthan, Himachal Pradesh, to name a few, physical stamp papers have been done away with and e-stamping facility has been introduced. E-stamping is a computer based application and a secured way of paying stamp duty to the Government. Upon payment of the requisite stamp duty, a unique identification number is generated by the system which essentially acts as proof that stamp duty has been duly paid, making it easy to verify transactions.
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