Plan to convert collector's land to freehold land gets low response

13 Oct 2021 CW Team

The scheme introduced by the Maharashtra government to convert collector's land to freehold land in March 2019 has received poor response.

The individuals who undertook the scheme were rich and could afford to pay 25% of the Ready Reckoner rates as a premium.

The government gave more than 1,250 such plots to the individuals and housing societies. Only 19 plot owners opted for the conversion to freehold land.

Founder President of the Federation of Grantees of Government Land, Salil Rameshchandra, said that Mumbai has 3,000 housing societies on collector's land, yet one co-operative housing society sought the scheme.

Niranjan Hiranandani, who got the occupancy class II land or collector's land on Malabar Hill, converted to freehold land. He said that he paid more than should have been paid.

Occupancy land has two categories, class I land and class II land. These lands were bought from the government at the prevailing market prices. The occupancy class I lands have no restriction on sale and purchase and are freehold lands.

Class II lands are available on the outskirts of cities for cooperative housing societies. Individuals not only reclaimed the lands but also laid infrastructures, including roads, drains and street lights, at their cost. However, for sale, purchase and mortgage, the collector's permission is required.

This scheme remains valid till March 2022, and then the premium will increase to 60% for housing societies and 75% for individuals.

Image Source

Also read: Inspira Builders acquires over two acres of land in Bengaluru

Equipment

11 Dec 2025

Caterpillar Debuts Three New Cat Excavators at EXCON 2025

Caterpillar Inc., a global leader in construction and mining machinery, strengthened its commitment to India’s infrastructure growth with the debut of three new Cat® hydraulic excavators at EXCON 2025, held from December 9–13 at the Bangalore International Exhibition Centre. The new models—Cat 321, Cat 322 and Cat 324—mark a significant step forward in delivering efficient, digital-ready equipment tailored for India’s evolving construction needs.Designed to support sustainability and productivity on modern jobsites, the machines feature advanced powertrains and intelligent electrohy..

JK Tyre Expands OTR Lineup with Four New Launches at EXCON 2025

JK Tyre & Industries, one of India’s leading tyre manufacturers, introduced four new Off-the-Road (OTR) tyres at the 13th edition of CII EXCON 2025, South Asia’s largest construction equipment exhibition, underway at the Bangalore International Exhibition Centre. The latest additions strengthen the company’s OTR portfolio and reaffirm its focus on delivering advanced mobility solutions for construction, mining and industrial operations.The new tyres were unveiled by R Mukhopadhyay, Director (R&D), JK Tyre. Among the highlights was the debut of the SKY GRIP, a specialised tyre des..

ACE, Sanghvi Movers Ink MOU to Boost India-Made Heavy Crane Adoption

Action Construction Equipment (ACE), the world’s largest pick-and-carry crane manufacturer and a leading Indian construction equipment maker, has entered into a strategic Memorandum of Understanding with Sanghvi Movers, Asia’s largest and the world’s fifth-largest crane rental company. The partnership aims to accelerate the deployment of indigenously manufactured heavy slew cranes, particularly truck cranes and crawler cranes, across large-scale infrastructure and industrial projects in India.The alliance aligns strongly with the Government of India’s “Aatmanirbhar Bharat” and “M..