Land for utilities, services as cheap as Rs1 per year, says Venkaiah Naidu
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 on Monday.
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 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 and orphanages has also been reduced to Rs 1 per annum.
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 Rs 1 per annum.