In a bid to boost its revenue, the cash-strapped urban development department of the state government has issued an order which seeks to make it easier to change use of big parcels of land, from 10 hectares to 25 hectares, for a premium that ranges from 20 per cent to 75 per cent of the ready reckoner rates.
Officials said the order, dated May 6, will also help create more housing stock and medium and small scale industrial units in the state.
The new order has been issued under section 20 of the Maharashtra Regional Town Planning Act, 1966, which allows conversion of land use for a premium.
“Such conversion of big parcels of land was earlier done at the Chief Minister’s level and the process would take at least two to three years. Now, the process should be completed within 90 days,” said a senior official from the UDD department.
According to the new order, the premium will be charged according to the demand for change in land use. For conversion of agricultural land to residential land, the premium would be 50 per cent of the total value of land as per ready reckoner rates. For agricultural land to commercial land, the premium would be 75 per cent while for semi-public land to residential land, it will be 20 per cent. For residential to industrial use, the premium would be 20 per cent while for forest to agricultural, it would be 40 per cent.
Under the new scheme, the land owner will have to approach joint director of town planning with all the documents and the processing fee. The application will then be sent to the committee headed by the divisional commissioner concerned along with a processing fee.