Centre, Delhi govt to get land for public utilities, services

Image
Press Trust of India New Delhi
Last Updated : Jul 11 2016 | 9:32 PM IST
The Centre and Delhi government will get land from DDA for health services, such as setting up medical institutions and hospitals, at a nominal rate of Re 1 per annum, Union Urban Development Minister Venkaiah Naidu said today.
Announcing the rates of premium for land for institutional purposes, he said the government has decided to allot land at cheap rate for public utilities and services in the national capital. The decision was taken after consulting the Delhi government and DDA.
Delhi government will also get land for offices from DDA at zonal variant rate (ZVR) which range between Rs 23,490 and Rs 52,853 per sqm from the earlier market rate which was between Rs 1,82,400 and Rs 6,72,000 per sqm. These rates are applicable for 2014-15 and 2015-16.
The rate for land for staff quarters, for schools and hospitals of local bodies and Delhi Government has been reduced from 10 per cent of residential rates, which were between Rs 31,000 and Rs 75,700 per sqm, to a nominal charge of Re 1 per annum, the minister said.
Rate for land allotted to Delhi government for un-remunerative uses such as maternity centres, night shelters and orphanages has also been reduced to Re 1 per annum, he added.
Besides, the rate of land for DTC Depots and offices have been reduced from commercial rates ranging between Rs 1,82,400 and Rs 6,72,000 per sqm will now be at no profit no loss rate or Rs 11,745 per sqm.
Land for roads, graveyards and crematoria, playgrounds and parks, water supply and drainage for DDA colonies will continue to be allotted free of cost or at nominal charge of Rs 1 per annum, Naidu said.
Naidu also took a dig at Delhi Chief Minister Arvind Kejriwal's accusation that Centre is not letting his government work, saying, "They are giving ad (advertisement) but I am adding (to the development of the state).
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 11 2016 | 9:32 PM IST

Next Story