Karnataka to Reclaim Government Plots Left Vacant for Five Years

The Karnataka government has announced that beneficiaries of government-allotted residential plots will be required to begin construction within five years or risk losing their allotments.

According to The Times of India, Deputy Chief Minister D.K. Shivakumar said residential plots allotted by the government should not remain vacant indefinitely. Under the proposed policy, beneficiaries who do not construct homes within the stipulated period will have their allotments cancelled, with the government refunding the amount paid for the plot along with applicable interest.

Government-allotted residential plots are intended to support housing development. The proposed deadline is aimed at ensuring that these plots are used for their intended purpose instead of remaining vacant for long periods.

The report states that the government intends to discourage speculative holding of publicly allotted land while improving the utilisation of residential plots already distributed to beneficiaries.

The report does not specify when the rule will come into effect or whether it will apply to plots that have already been allotted. Further clarity is expected once the state government issues the official notification and implementation guidelines.

The proposed policy marks a stricter approach to managing government-allotted residential land. Additional details on its implementation, including any exemptions or transition provisions, are expected to be announced by the state government.

The proposed rule could also affect future applicants for government-allotted residential plots by setting clearer expectations on land use. By linking allotments to a defined construction timeline, the government aims to ensure that public land earmarked for housing is put to use within a reasonable period, although the exact implementation process and any exemptions will only become clear after the official notification is issued.

Sources https://timesofindia.indiatimes.com/real-estate/news/build-within-5-years-or-lose-your-govt-allotted-plot-karnataka-cm-dk-shivakumar/articleshow/132787335.cms