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Real Estate Development

Real Estate Development

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Published by Siddhartha Kamat

Study Text on Real Estate Development Note: Only Compiled by Siddhartha Kamat, Original Data Credit: Prof. D. Sundrani (NICMAR)

Study Text on Real Estate Development Note: Only Compiled by Siddhartha Kamat, Original Data Credit: Prof. D. Sundrani (NICMAR)

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Categories:Types, School Work
Published by: Siddhartha Kamat on Jan 25, 2013
Copyright:Attribution Non-commercial

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10/09/2013

 
1.Development
Definition
as per Section 2(7) of MRTP Act : means the carrying out of buildings, engineering, mining or otheroperations in, or over, or under, land or the making of any material change, in any building or land or inthe use of any building or land and includes demolition, reclamation, redevelopment and lay-out and sub-division of any land.
Regions
State Government may by notification in the
Official Gazette
,
establish any area in the State, by definingits limits, to be a Region.
 
Regions (in Maharashtra)1)
 
Bombay Metropolitan Region2)
 
Poona Metropolitan Region3)
 
Amravati Region4)
 
Nasik Region5)
 
Aurangabad-Jalna Region6)
 
Sangli-Miraj Region7)
 
Jalgaon-Bhusawal Region
B) Regional Planning Boards
1)
 
Chairman : Appointed by State Government2)
 
Director of Town Planning3)
 
Not more than 4 members as are members of local authorities4)
 
Not more than 10 members who in the opinion of State Government have a special knowledge orpractical experience of matters relating to town planning , engineering, transport, industry,commerce or agriculture5)
 
A Town Planning Officer6)
 
Not more than 4 persons from the two houses of the State Legislature, of which not more than 2members are appointed from each of the said houses.A vice chairman may be appointed from amongst the members
REAL ESTATE DEVELOPMENT
 
 Regional Plans
Regional Board:1)
 
Survey2)
 
Prepare an existing-land-use map thereof 3)
 
Prepare Report of surveys4)
 
Prepare Regional plan and such other documents, maps, etc.
Contents of Regional Plan
Regional Plan shall indicate the manner in which the Regional Board propose that land in the Regionshould be used,a)
 
Allocation of land for different uses, general distribution and general locations of land, and theextent to which the land may be used as residential, industrial, agricultural, or for mineralexploitationb)
 
Reservation of areas for open spaces, gardens, recreation, zoological gardens, nature reserves,animal sanctuaries, dairies and health resortsc) Transport and communications, such as roads, highways, railways,waterways, canals and airports,including their developmentd) Water supply, drainage, sewerage, sewage disposal and other public utilities, amenities and servicesincluding electricity and gase) Reservation of sites for new towns, industrial estates and any other large-scale development orproject which is required to be undertaken for proper development of the Region or new townf) Preservation, conservation and development of areas of natural scenery, forest, wildlife, naturalresources and landscapingg) Preservation of objects, features, structures or places of historical, natural, architectural or scientificinterest and educational valueh) Areas required for military and defence purposesi) Prevention of erosion, provision for afforestation, or reforestation, improvement and redevelopment of water front areas, rivers and lakes j) Proposals for irrigation, water supply and hydro-electric works, flood control and prevention of riverpollutionk) Providing for the relocation of population or industry from over-populated and industrially congestedareas, and indicating the density or population or the concentration of industry to be allowed in any areas.
Restriction on change of users of land
REAL ESTATE DEVELOPMENT
 
If use of any land is to be changed , permission of Municipal Corporation (or Municipal Council) withinwhose area the land is situated is required, and if land is situated outside Municipal Corporation or
Municipal Council‟s area, then the Collector‟s permission is required.
 
Development Plan
Every Planning Authority shall carry out a survey, prepare an existing land-use-map and prepare a draftdevelopment plan for the area within its jurisdiction, in accordance with the provisions of a RegionalPlan, and submit the plan to the State Government for sanction.
Contents of Development Plan
Shall generally indicate the manner in which the use of land in the area of the Planning Authority shall beregulated, and also indicate the manner in which the development of land therein shall be carried out.
Contents of Development Plan
a) Proposals for allocating the use of land for purposes, such as residential, industrial, commercial,agricultural, recreational;b) Proposals for designation of land for public purposes, ( such as schools, colleges, and other educationalinstitutions, medical and public health institutions, markets, social welfare and cultural institutions,theatres and places for public entertainment, or public assembly, museums, art galleries, religiousbuildings and government and other public buildings)c) Proposals for designation of areas for open spaces, playgrounds, stadia, zoological gardens, green belts,nature reserves sanctuaries and dairiesd)Transport and communications, such as roads, highways, railways, water-ways, canals and airports,including their extension and developmente) Water supply, drainage, sewerage, sewage disposal, other public utilities, amenities and servicesincluding electricity and gasf) Reservation of land for community facilities and servicesg) Proposals for designation of sites for service industries, industrial estates and any other developmenton an extensive scale.h) Preservation, conservation and development of areas of natural scenery and landscapei) Preservation of features, structures of places of historical, natural, architectural and scientific interestand educational value and of heritage buildings and heritage precincts j) Proposals for flood control and prevention of water pollutionk) Proposals for acquisition of land for public purposel) The filling up or reclamation of low lying, swampy or unhealthy areas or levelling up of landm) Provisions for permission to be granted for controlling and regulating the use and development of landwithin the jurisdiction of a local authority ( open space, FSI, height, number of storeys, sub-division of plots, parking space, sizes of projections and advertisement signs, etc.)
REAL ESTATE DEVELOPMENT

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