March 10, 2015
https://www.facebook.com/mehtarahulc/posts/10152647200171922
Proposed alternate Land Acquitition Draft
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The proposed draft has 5 drafts.
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1. Publicizing all land owners' names and their land holdings --- this is necessary to reduce real estate frauds as well settle all real estate claims rapidly. It is also necessary in land acquisition because a person who is losing all his 5 acre should get higher rate per acre, while a person losing say 5 acre out of his 100 acre doesnt qualify for rate much higher than market value. So unless land ownership is disclosed , it will be difficult for the office and Jury to settle the compensation claims. This draft is simple ---- GUESS THE DRAFT !!!?? Please write the draft in comment.
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2. Reducing role of unaccounted cash in land deals ---- Unless role of cash reduces, it is difficult to decide market value of land. How to reduce volume of cash in real estate? Please see this drafthttps://www.facebook.com/mehtarahulc/posts/10152647152826922 . The draft works as ---- Once printed in Gazette, if a third party offers 25% extra within 30 days , then buyer will get 20% extra and plot will go to the third party. Hence , volume of cash will drop to below 20% . And three years later, the margin for open land decrease from 20% to 5%. So use of cash will decrease.
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3. Law-draft to prepare / approve land acquisition proposal and decide primary compensation --- to be published
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4. Law-draft to decide claims for extra compensation ---- till the owner-person dies, if his annual income falls below say Rs 100,000 year , then monthly compensation of certain amount will start.
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5. DDMCRAM over acquired land ---- the acquired land will be leased for 5 years to 30 years , and rent will divided equally amongst all citizens of India. The proposal is inhttps://www.facebook.com/notes/10150422744301922 and in chap-5 ofhttp://rahulmehta.com/301.htm
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The draft for (1) isnt needed (WHY?).
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Draft for (2) is in link above.
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I will later public draft for (3) and (4) -- in 3-4 weeks
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Draft for (5) is in above link
https://www.facebook.com/mehtarahulc/posts/10152647200171922
Proposed alternate Land Acquitition Draft
.
The proposed draft has 5 drafts.
.
1. Publicizing all land owners' names and their land holdings --- this is necessary to reduce real estate frauds as well settle all real estate claims rapidly. It is also necessary in land acquisition because a person who is losing all his 5 acre should get higher rate per acre, while a person losing say 5 acre out of his 100 acre doesnt qualify for rate much higher than market value. So unless land ownership is disclosed , it will be difficult for the office and Jury to settle the compensation claims. This draft is simple ---- GUESS THE DRAFT !!!?? Please write the draft in comment.
.
2. Reducing role of unaccounted cash in land deals ---- Unless role of cash reduces, it is difficult to decide market value of land. How to reduce volume of cash in real estate? Please see this drafthttps://www.facebook.com/mehtarahulc/posts/10152647152826922 . The draft works as ---- Once printed in Gazette, if a third party offers 25% extra within 30 days , then buyer will get 20% extra and plot will go to the third party. Hence , volume of cash will drop to below 20% . And three years later, the margin for open land decrease from 20% to 5%. So use of cash will decrease.
.
3. Law-draft to prepare / approve land acquisition proposal and decide primary compensation --- to be published
.
4. Law-draft to decide claims for extra compensation ---- till the owner-person dies, if his annual income falls below say Rs 100,000 year , then monthly compensation of certain amount will start.
.
5. DDMCRAM over acquired land ---- the acquired land will be leased for 5 years to 30 years , and rent will divided equally amongst all citizens of India. The proposal is inhttps://www.facebook.com/notes/10150422744301922 and in chap-5 ofhttp://rahulmehta.com/301.htm
.
The draft for (1) isnt needed (WHY?).
.
Draft for (2) is in link above.
.
I will later public draft for (3) and (4) -- in 3-4 weeks
.
Draft for (5) is in above link
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