Himachal Pradesh Development Corporation plans land-pool policy

Himachal Pradesh Urban Development Authority (Himuda) is considering implementing a land-pooling policy. It has purchased 1,731 bigha of land in the state for Rs.1.56 bn and will now develop it to generate revenue rather than purchasing more. It proposes to develop and market projects on the land of willing private owners without actually acquiring the land. According to the minister, Himuda will follow new procedures in the future when purchasing land. It has approached industries and the horticulture department about leasing large swaths of land, as well as planning a one-stop shop for allottees and other stakeholders.