Deccan Chronicle    03.02.2011

Soon, urban properties will have ownership record

Feb. 2: Akin to the Centre’s move to provide unique identification (UID) numbers to citizens, urban properties in Karnataka will soon have a unique identity — Urban Property Ownership Record (UPOR) or Form 13, which will soon be a must for all regulatory and legal purposes.

The Department of Survey Settlement and Land Records (SSLR) has started a pilot project in five towns of the state — Mangalore, Bellary, Mysore, Hubli-Dharwad, and Shimoga in a Public Private Partnership (PPP) mode at a cost of around `40 crore. “The reason behind the UPOR, which is being implemented as per the provisions of Karnataka Land Revenue Act and Rules, is to give authentic property ownership records to genuine owners and to detect and save government property which has been encroached.

“As of now there are no valid ownership documents for urban properties. People depend on khata and sale deeds, which are not ownership documents. In the absence of the PR card, which is Form 13 of the KLR Rules (ownership documents of urban areas), people believe that khata and sale deeds are ownership records. The SSLR has the mandate to create and maintain urban property ownership records and issue Form 13 to genuine owners. The property card for irregular and encroached properties will be marked so that there can be no transaction on them,” said secretary, revenue department, Rajiv Chawla.

He added that the SSLR department will send the details of encroachment and irregular properties to the government for a policy decision on them. Since the UPOR Project involves mapping and measuring of all properties; the department has launched a massive awareness campaign in these five towns to educate the people on property rights; the UPOR and why it is important to have such a record. Later they will call for objections from the public.

“We are measuring and mapping all individual properties in the five towns, collecting ownership documents from each household along with the tax paid receipts (khata) and layout maps,” said Mr K.V. Rudresha, deputy director, SSLR, Bengaluru.

Business Line       28.01.2011

VUDA plot auctions fetch Rs 60 cr

Our Bureau

Visakhapatnam, Jan. 27

The open auctions conducted by the Visakhapatnam Urban Development Authority (VUDA) for three days to dispose residential and commercial plots in its layouts yielded Rs 60.36 crore, according to a press release.

The auction was conducted to dispose 117 plots in the newly-developed Ozone Valley layout at Paradesipalem, 14 plots in Kurmannapalem, 16 plots in Kapuluppada joint venture layout, and two plots each in MVP Colony and Gandigundam joint venture layouts. Out of 151 plots, 142 were allotted through the open auction.

Among the layouts put on auction, the Ozone Valley layout at Paradesipalem attracted more buyers and fetched good price.

Its topography, proximity to the National Highway-5, infrastructure developed and committed by VUDA, peaceful surroundings and the wide area of the layout found favour with the buyers, according to the press release.

The layout was developed by the VUDA on land pooling concept, for the first time in Andhra Pradesh.

The VUDA fixed Rs 8,000a square yard as the upset (minimum bidding) price here. All the plots put on auction were sold out.

In the auction of Ozone Valley layout, the highest bid was Rs 17,000/square yard and the the lowest recorded Rs 11,100. The total revenue through allotment of 117 plots in Ozone Valley layout was Rs 40. 39 crore.

Highest bid

Out of 14 plots in Kurnamannapalem layout, 12 were disposed and the highest bid recorded was Rs 19,000 against Rs 12,000 upset price per square yard and the lowest Rs 12,300. Kurmannapalem layout yielded Rs 15.79 crore.

The Kapuluppada Layout earned Rs 3.58 crore on disposal of 11 plots against the proposed 16 plots.

The highest bid was Rs 9,300 and the lowest Rs 6,800 against the upset price of Rs 6,000 a square yard.

Two plots in Gandigundam joint venture layout were disposed with bid amounts of Rs 6,300 and Rs 5,800 respectively against the starting price of Rs 1,500 a square yard and the revenue generated was Rs 58.29 lakh.