SHF Urges Maharashtra for 5% Premium Cut to Enable Freehold Government Land

23 Apr 2024 CW Team

The Slum Rehabilitation Society (SHF) is urging the Maharashtra government to reduce premiums to 5% in order to facilitate the conversion of government land to freehold status. This call aims to streamline land ownership processes and promote development initiatives across the state.

SHF's proposal seeks to address the challenges associated with acquiring government land for development projects. By advocating for a reduction in premiums, the society aims to make the conversion process more accessible and cost-effective for stakeholders involved in urban development.

The move towards freehold status for government land is expected to unlock new opportunities for infrastructure development and affordable housing projects. It could also incentivize private investment in real estate and infrastructure sectors, driving economic growth and job creation in Maharashtra.

SHF's advocacy underscores the importance of proactive policy measures to stimulate urban development and address housing challenges in Maharashtra. By facilitating the conversion of government land to freehold status, the state government can catalyse sustainable development and improve the quality of life for its residents.

Overall, SHF's proposal for a 5% premium reduction reflects a proactive approach to addressing land ownership issues and promoting inclusive urban development in Maharashtra. It highlights the importance of collaborative efforts between government authorities and civil society organisations to unlock the full potential of land resources for the benefit of society.

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