CREDAI Karnataka Urges Amendments in Land Reforms Act
The Confederation of Real Estate Developers’ Association of India (CREDAI) Karnataka has appealed to the state government to make crucial amendments in the recently announced Karnataka Land Reforms Act.
Key Amendments Requested:
- Freedom for Marked Development Lands: CREDAI Karnataka has requested that lands marked for development under authorities like BDA, BIAAPA, and BMRDA in Bangalore, as well as in cities like Mysore, Mangalore, and Gulbarga, be exempt from the Land Reforms Act. The rationale is that these lands, earmarked for residential or industrial use, have effectively lost their agricultural status.
Challenges in the Construction Industry
- Sand Quarrying Policy: The association has expressed deep concern over the state's failure to declare a policy for sand quarrying. This oversight is severely impacting the construction industry's access to sand, a vital resource. If unresolved, this issue threatens to bring the entire construction sector to a grinding halt within a couple of months.
- Job Losses and Economic Impact: The cessation of construction activities would lead to significant job losses among workers dependent on the industry. Furthermore, the ban on the jelly industry due to Pollution Control Board directives has compounded the challenges faced by the sector.
Registration Hurdles
- Computerized Khatha Extracts: The registration of sites in BIAAPA and BMRDA areas has been stalled for four months. The reason cited is the requirement for khatha extracts (used for registration) to be in a computer format, as issued by the concerned panchayat authorities. This technicality has brought the registration process to a standstill.