+
Govt facilitates mapping of 5.6 lakh hectares of land on IILB portal
Real Estate

Govt facilitates mapping of 5.6 lakh hectares of land on IILB portal

The department for promotion industry and internal trade (DPIIT) has expedited the mapping of 5.6 lakh hectares on the India Industrial Land Bank (IILB) portal.

DPIIT gives GIS-enabled data of industrial regions to let investors choose land located in different states to establish projects from home.

As per the DPIIT presentation, the land is spread over 4,363 industrial parks, estates and special economic zones (SEZs) in 19 states and Union territories. By December 2021, the department plans to merge each state with the IILB portal.

On the other hand, the government of PM Modi tries to tweak land acquisition rules by an ordinance in 2014.

However, in recent years, setting up land banks would complement its works to emit inflexibility in labour laws to increase production and allure foreign investors among developing anti-China sentiments worldwide.

By the IILB, investors would be able to locate the land and even have access to plenty of details like land, logistics, rail and air connectivity, drainage system, power supply, and raw materials. So, they would be informed about the decisions about any industrial belt.

India faces a countless number of rules and regulations, which is one of the biggest barriers to develop as a major industrial nation. In the past, land acquisition has also resulted in large-scale objections against a Tata Motors plant in Singur (both are in West Bengal), SEZ in Nandigram, and bauxite mining proposal of Vedanta in Niyamgiri, Odisha.

Direct acquisition remains a significant challenge, and even more for private firms since land ownership in vast swathes of India is disorganised.

Therefore, the land becomes a necessary initiative of the government, as it plans to undertake structural changes in factors of generation to reverse a Covid-induced slump in growth.

Image Source


Also read: Andhra govt starts integrated land survey under land protection scheme

The department for promotion industry and internal trade (DPIIT) has expedited the mapping of 5.6 lakh hectares on the India Industrial Land Bank (IILB) portal. DPIIT gives GIS-enabled data of industrial regions to let investors choose land located in different states to establish projects from home. As per the DPIIT presentation, the land is spread over 4,363 industrial parks, estates and special economic zones (SEZs) in 19 states and Union territories. By December 2021, the department plans to merge each state with the IILB portal. On the other hand, the government of PM Modi tries to tweak land acquisition rules by an ordinance in 2014. However, in recent years, setting up land banks would complement its works to emit inflexibility in labour laws to increase production and allure foreign investors among developing anti-China sentiments worldwide. By the IILB, investors would be able to locate the land and even have access to plenty of details like land, logistics, rail and air connectivity, drainage system, power supply, and raw materials. So, they would be informed about the decisions about any industrial belt. India faces a countless number of rules and regulations, which is one of the biggest barriers to develop as a major industrial nation. In the past, land acquisition has also resulted in large-scale objections against a Tata Motors plant in Singur (both are in West Bengal), SEZ in Nandigram, and bauxite mining proposal of Vedanta in Niyamgiri, Odisha. Direct acquisition remains a significant challenge, and even more for private firms since land ownership in vast swathes of India is disorganised. Therefore, the land becomes a necessary initiative of the government, as it plans to undertake structural changes in factors of generation to reverse a Covid-induced slump in growth. Image Source Also read: Andhra govt starts integrated land survey under land protection scheme

Next Story
Real Estate

Omaxe to Develop 450-Acre Township in Indore’s Super Corridor

Omaxe has announced a major expansion in Madhya Pradesh with the acquisition of 450 acres along Indore’s Super Corridor for a modern integrated township. The company will invest Rs 12 billion in the multi-phase project, which is expected to generate Rs 25 billion in revenue over three years.  The development will include residential clusters, commercial and retail zones, schools, healthcare facilities, parks, and green mobility infrastructure. The township aims to support the region’s urban growth and rising infrastructure demand, especially with metro connectivity and major road..

Next Story
Infrastructure Energy

India’s First CBG Plant with Steel Pipeline Integration Launched

CEID Consultants and Engineering has successfully commissioned India’s first Compressed Biogas (CBG) plant integrated via a steel pipeline into a City Gas Distribution (CGD) network. Located in Batala, Gurdaspur (Punjab), the MEPL Bio-energy facility now directly supplies CBG into Gujarat Gas’ grid, eliminating the need for cylinder-based cascade transport and significantly lowering logistics costs. This breakthrough comes after CEID’s earlier deployment of MDPE pipeline offtake at the same plant. The steel pipeline marks a new industry benchmark, enabling continuous, real-time and ..

Next Story
Real Estate

Mittal Builders Plans Landmark Township to Transform Naigaon

Mittal Builders has unveiled a bold urban vision to transform Naigaon into a landmark micro-market in western Mumbai, with plans to unlock 6.5 million sq. ft. of development potential across a 70-acre land parcel. The long-term multi-phase plan has an estimated gross development value (GDV) of over Rs 80 billion. As part of this initiative, Mittal Builders has signed a joint development agreement with The House of Abhinandan Lodha (HoABL) to co-develop a 3 million sq. ft. integrated township, comprising over 4,600 apartments and high-street retail. With a planned investment of Rs 20 billi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?