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Patna,(BiharTimes): Though the Industries Department of Bihar is planning to post information about land available for sale on the website yet traders’ and industries’ bodies have expressed doubt over its success.
An initiative, Come to Bihar, has been taken to create a database of plots that landowners want to sell off. This would help industrialists looking for suitable land to set up their firm. |
According to the Industries Department Principal Secretary C K Mishra the information would be available either on a dedicated website or a link would be added to the existing website of the Bihar Industrial Area Development Authority. The data uploading work is likely to start in mid-June.
He said that prior to uploading the land details of a given district, the district magistrate (DM) concerned would be asked to submit a certificate stating that the piece of land is free from any litigation. The landowners will quote the price of the land. This would help the prospective buyers bargain with the landowners.
To safeguard the investors from unjustified demands of landowners at the time of the actual deal a condition has been put in the scheme. It will ensure that the landowners stick to one rate at least for a year while giving the details of the land they want to sell. People having an acre or more land are only eligible to post the details of their plots under the scheme.
But Vice Chairman (Eastern Region) of the Confederation of Indian Industry, Satyajit Singh, has expressed serious doubt over the success of the scheme.
“Very few landowners would be able to put up their land for sale under this scheme as official records say that 90 per cent of land holding in Bihar is less than an acre in size,” he was quoted in The Telegraph. He was also sceptical about the quick verification of the legal status of lands.
“Certifying a particular piece of land as litigated would be tough for DMs as land records are not updated in the state,” he added.
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