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K Raheja Corp Subsidiary Acquires 7.43 Acres in Mahalunge, Pune for ₹195 CrorePMRDA, District Administration Push for Land Acquisition for Nashik Phata–Khed Elevated Corridor
In order to alleviate traffic congestion along the Pune–Nashik highway, the district administration and the Pune Metropolitan Region Development Authority (PMRDA) have stepped up their efforts to finish the land acquisition for the upcoming Nashik Phata–Khed elevated corridor.
Project Overview
The 30-km elevated corridor between Nashik Phata and Rajgurunagar (Khed) will be developed by the National Highways Authority of India (NHAI). The project, estimated at ₹7,827 crore, is expected to significantly reduce travel time and traffic snarls on this vital route, especially near industrial hubs like Chakan.
Land Requirement & Acquisition
Authorities have identified around 14 hectares of land needed for the project, primarily for entry and exit points. Out of this, 9.74 hectares belonging to around 150 landowners within PMRDA limits—covering villages such as Nanekarwadi, Waki Khurd, Waki Budruk, Chimbali, Kuruli, Medankarwadi, and parts of Chakan have been earmarked.
In areas under the Pimpri-Chinchwad Municipal Corporation (PCMC), particularly in Bhosari and Moshi, land acquisition is being facilitated through Transfer of Development Rights (TDR) and Floor Space Index (FSI) transfers.
Financial Support
To cover remaining acquisition costs, a proposal seeking ₹262 crore in state aid has already been submitted. Authorities have assured that landowners will receive due compensation for the acquired land.
Challenges Ahead
Concerns have been voiced by a few Chakan landowners who demand payment for their holdings and assert that previous acquisitions for highway construction were never formally transferred. If these disagreements are not settled right away, the process may be delayed.
Road Ahead
The district administration has set a goal to finish the land acquisition by October 2025. Following the conclusion of the bidding process, construction is anticipated to start. Once the corridor is up and running, it should improve connectivity to the Chakan MIDC belt and beyond while also providing relief to thousands of daily commuters.
Source: Times of India
Jadid in Land Terminology: A Closer Look at Fresh Land Settlements
Land transactions can be like a puzzle; understanding the terminology is the key to unlocking its secrets. One term you might come across is "Jadid," which means new in the Indian land language. Let Genuine Plots guide you through the nuances and help you understand the various types of land settlements.
Taxguru
Understanding "Jadid": What Does It Mean?
The word "Jadid" translates to new, and in the realm of Indian land terminologies, it signifies a fresh or entirely revised settlement – a Jadid settlement. This term is crucial in keeping land records updated and legally sound, forming the bedrock for clear and lawful land transactions.
What is a Jadid Settlement?
A Jadid settlement involves a thorough re-measurement while considering existing land records. Why might we need such a completely revised settlement? Changes in market conditions, unforeseen events, or the necessity to modify terms for mutual benefit can be reasons. Essentially, Jadid settlements ensure land agreements stay relevant and effective over time by providing updated and legally compliant land records.
Banjar Jadid: Another Twist to the Term
There's another phrase in the world of land records - Banjar Jadid. This refers to a new fellow land not cultivated for four consecutive harvests. It's another facet of the term "Jadid" emphasizing the newness or untouched nature of the land.
Differences Between Jadid and Regular Settlements
In the land terminology dictionary, Jadid settlement means a complete revision, while a regular or Kanooni settlement refers to a legal agreement where the previous record is non-existent. In simple terms, Jadid settlements allow parties to adapt to changing market conditions, resolve disputes, and ensure ongoing compliance with legal requirements.
Why Are Jadid Settlements Important?
Picture it as giving your land agreement a fresh coat of paint. Jadid settlements help parties navigate changing circumstances, settle disagreements, and maintain compliance with the law. They pave the way for smooth and sustainable land transactions by providing updated and legally sound records.
With this newfound knowledge, you can confidently navigate the land labyrinth, making informed decisions for a brighter land-owning future. Stay updated on the latest developments in plot properties in Maharashtra by following Genuine Plots.
Land transactions can be a labyrinth of confusing terms, especially when checking records online. In this simplified guide, Genuine Plots unravels key terms, empowering you to make informed decisions and ensuring smooth navigation through the world of land transactions. Let's embark on this journey together, where understanding land records becomes as easy as a walk in the park.
Jamabandi
- Jamabandi serves as the Records of Rights (RoR), providing intricate details about land ownership, including information about owners and cultivators.
Nakal
- Nakal is a document that encapsulates all essential information about a piece of land, covering ownership patterns, revenues, and other pertinent details.
Khata
- Khata is a crucial revenue document that assesses a property's size, location, and build-up area. It also pinpoints the individual responsible for property tax payments.
Khasra or DAG Number
- Often referred to as DAG number, Khasra is a unique identifier assigned to a land parcel in a village. In urban areas, it corresponds to the survey number.
Khewat
- Khewat is a number assigned to landowners who collectively own a piece of land. Think of it as an account number granted to various owners of the same parcel.
Mauza
- Mauza is the term used to refer to a village, a significant geographical unit in land records.
Bainama
- Bainama is synonymous with a sale deed, providing a comprehensive transaction record.
Khatauni
- Khatauni acts as a comprehensive account book, detailing all landholdings and their respective landowners.
Patta
- Patta is a record of rights, a document that unveils the name of the legal owner of a piece of land property.
Khudkasht
- This document signifies that the land is cultivated by its owners, not external cultivators.
Embarking on a land transaction journey can be daunting, but armed with these simplified explanations, you'll be better equipped to decode the complexities of land records.
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