Following up the choice of the Cabinet at its assembly on May 30 to promote lands and homes beneath the management of Telangana State Housing Corporation, the State authorities has initiated the method by issuing a 15-point customary working process (SoP) that must be adopted for e-auction of lands.
A high-level steering committee headed by Chief Secretary Somesh Kumar has been constituted for the aim. The authorities had estimated income of ₹10,000 by way of sale of lands within the finances introduced to the Assembly this 12 months.
Lands which aren’t required for any public function and positioned in prime areas can be recognized for e-auction in a clear method for realising aggressive charges. The determination was taken in view of the land parcels that aren’t required for any public function are scattered throughout the State and since these are in prime areas, they’re liable to encroachments and unauthorised possessions.
Therefore, it was determined to allow auction of such lands, the Chief Secretary stated within the orders issued on Thursday.
According to the SOP issued for clean conduct and well timed execution of sale deeds moreover securing honest market worth, involved District Collectors had been directed to make sure that the lands recognized are litigation-free and that their clear demarcation must be executed.
All clearances must be obtained by way of TS-bPASS single window system and GHMC/HMDA ought to guarantee time-bound approval for the structure in addition to incorporate them within the grasp plan. Nodal departments must be delegated powers to approve particular phrases and situations and tentative schedule for the conduct of e-auction moreover fixing upset value duly contemplating the prevailing market charges with due diligence.
Consultants may very well be engaged by the nodal company if want be to reach at an inexpensive upset value. It can be given powers to repair the upset value and difficulty notifications and additional proceedings moreover in accordance permissions to interact MSTC as service supplier for conducting e-auction.
The company can be permitted to utilise 2% of the sale proceedings in the direction of reimbursement of expenditure incurred for taking over minimal growth of the websites, notification and publicity prices, printing of brochures, collaterals, advertising together with web site visits amongst others, the order stated.