news details |
|
|
| Gulmarg land on auction for J&K citizens, others too can invest | | |
Srinagar, Oct 17 To encourage private investment for construction of infrastructure for tourism development, the Jammu and Kashmir Government has decided to allot land in the Leopard valley in world famous ski resort of Gulmarg to state subjects on lease basis through auction committee.
The State Cabinet, which met here under the chairmanship of Chief Minister Ghulam Nabi Azad, accorded sanction to the auction of land in favour of permanent residents of the state in the Leopard Valley in Gulmarg on lease basis for construction of hotels, restaurants or tourist related facilities, an official spokesman said.
He said the number of plots for auction under Khasra Numbers comprising measurement in kanals have also been identified.
He said the cabinet also accorded sanction to the constitution of auction committee comprising District Development Commissioner Baramulla as Chairman, Chief Executive Officer, Gulmarg Development Authority, Deputy Director Tourism, Superintending Engineer (R&B), Baramulla and Deputy Director Accounts and Treasuries Kashmir as its members.
Auction Committee will open auction of the plots identified after giving wider publicity besides maintaining a minimum reserve price of Rs 15 lakh per kanal. Among other conditions committee will ensure that each bidder will deposit earnest money of Rs 5 lakh per acre before being allowed to participate in the auction.
Gulmarg Development Authority will execute lease deed in favour of successful bidder, being a permanent resident of the state at such auction.
Cabinet also approved grant of permission by the Department of Tourism to any allottee on the basis of the auction as above, to enter into joint ventures with a non-permanent resident including companies, firms and statutory corporations authorities without creating any interest in the land but restricting it to supper structure on such terms and conditions as may be prescribed in this behalf by the Minister Incharge Law apart from other standard terms and conditions of such agreement which will include the following as well.
The permanent resident allottees will retain sufficient interest in such joint venture or establishment and also such joint venture will engage staff within the state to the extent of at least 50 per cent of its staff requirement at each level.
Sanction was also granted for conferment of powers under Clause (II) of Rule 2 of Notified Area (Gulmarg and Pahalgam) Land Grant Rules of 1977 to the CEO's of Gulmarg and Pahalgam Development Authorities.
Sanction has also been accorded to the appointment of Administrative Secretary to Government (Tourism) as the prescribed authority for purposes of authenticating the sanction and grant of land by the Government in favour of any person who is not a permanent resident of the state.
He will incorporate among others such conditions as may be prescribed by the Law Minister before seeking approval of the Government to joint ventures between the allottees (permanent residents) and the non-permanent residents including companies, firms and statutory corporations/authorities.
The Cabinet also approved that there will be a plot area ceiling for hotels of 16 kanals and not more than one plot will be allotted to any family, allottee should have expertise in hotel and tourist industry, there will be a condition that 25 per cent of the construction should be carried out within two years from the handing over of possession of land, failing which the allotted plot will be resumed by the department and the final approval authority for allotment of plots will be the Gulmarg Development Authority.
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
| |
|
|
|
|
 |
|
|
