India, Feb. 10 -- The Noida authority has decided to introduce the land pooling policy to intensify its drive to acquire farmers' agricultural land for the planned development, officials said on Monday, adding that it is aimed to procure litigation-free land, create a land bank and use the ready land to attract investment in the region.
The move comes after the authority realised that the farmers are not willing to give their land for the development at a rate of Rs.5,500 per square metre, as they want a better deal for their land.
Officials feel the step will fuel growth, particularly in Noida area, where the demand for the land is high.
"The Uttar Pradesh government, in 2020, approved the land pooling policy and had asked the industr...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.