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New land allotment approach soon in AP

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A strong opposition is witnessed for the allotment of land by the state government in Hyderabad. According to the sources of www.propertykhazana.com during the last six years a major portion of the government land has been gifted to the private firms for various projects. The opposition team now insist the government not to sale the government assets to the companies and in case of leasing segment the lease term should be short period which should not exceed five years in future. The new allotment of land policy has made the power house of the state to modify the draft which was suppose to be placed on the fourth coming winter session of assembly. Now the government is deciding to process a close door assembly with the delegates of all the opposition parties before putting it to a final stage.
There was an all party leader’s conference on Monday headed by Chief Minister Kiran Kumar Reddy participated by all the major political groups like TDP, CPI, CPM, BJP, TRS and Lok Satta party. The main point of discussion was to make a suitable approach to get back the land possession from the private companies allotted for different projects where maximum has crossed the deadline of completion due to one or the other reason. The opposition has also pointed that around one lakh acres of land is under the various private firms with core involvement of some members of the state power house which has to be recovered soon. Chief Minister Reddy addressed the opposition for immediate action for the land issue and at the same time he clears to provide a transparency to the entire issue with a suitable act for the land allotment. But he also adds with the fear of loosing the financial back up for the society with such strict regulation in the state.
Source: NIMMA BENGALURU

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