Land acquisition or consolidation as we call it, is foremost step for any real estate development. Land consolidation requires in-depth knowledge of state land acquisition laws where land is located, negotiations with the landlords and due diligence. There are legal formalities that need to be taken care of for proper transfer of land ownership rights to purchaser. The complex process requires only specialists who can handle intricacies involved in this job.

The team at Credence has more than 30 years of collective experience in Land Consolidation and has successfully completed several land acquisition projects in Delhi, U.P., Haryana, Punjab and Rajasthan. Our clients range from developers, corporates, and investors seeking to invest in remunerative projects.

Our Services include assisting prospective purchasers in identification, evaluation, and purchase of land; negotiations with land owners; structuring joint ventures between landowners and developers/investors/end users; assisting developers/corporates in divesting or investing in land portfolios; support on documentation work and due diligence. Credence has empanelled ex-patwaris (govt. employee who keep local land records) and esteemed lawyers in its team for due diligence to be complete. In a sincere attempt to provide our clients with best in our profession, we also issue a Search Report prepared by our company lawyers containing information on procedure followed for due diligence work and corresponding findings.

For any more queries you can write us at info@credenceinfratech.com
 

The nitty gritty related to Land Laws in India is very well understood by Credence and the following basic legal verifications are done in Land Consolidation process other than any customized search required on case to case basis:
 

• Verification of Land Title, Revenue Records, Ownership Records and Possession Records is done.
   
• Partition and Demarcation of land is thoroughly verified and its implications on land sale are comprehended as per state laws.
   
• The identity of seller and his selling rights for particular piece of land are verified through multiple checks.
   
• Land is verified to be free of any kind of mortgage, litigation or notification orders etc.
   
• Local Authorities, Master Plans and State Policies are referred to confirm the current and future possible land use. The authenticity of CLU (Change of Land Use) orders if any passed for land is verified.  In Delhi such advices are very important as the use of a particular land under Residential, Commercial, Mixed Land Use etc. is determined strictly in accordance with the provisions of the Master Plan which is called MPD-2021 in short.
   
• Proper documentation and paper work coupled with survey of land is done to get Mutation done timely in the name of the purchaser and avoid any kind of challenge to Mutation process.

Land in New Urban Zones of Delhi - Master Plan of Delhi – 2021 (MPD2021) is drafted and notified for the development of Delhi to hold a population of 230 lakh people by the year 2021. Once this plan gets implemented then five new urban areas in Delhi namely Zone-N, Zone-k-1, Zone-L, Zone-J & Zone P-II would be developed in Public Private Partnership i.e. PPP model.

The land marked for Residential Development as per MPD-2021 in these zones is presently available at very nominal rates. The big Real Estate Development Companies of India have already purchased huge chunks of land in these zones. The land in these zones is in proximity to all the basic facilities that any developed city requires such as Education, Courts, Hospitals, etc. As per market analysis current investment in these zones may fetch anywhere from 300% to 500% ROI in two to three years’ timeframe.

Moreover “The Delhi Address” tag attached to these zones make them one of the most hot destinations for investment in real estate. 

Land in BIKANER, RAJASTHAN -   Bikaner is a district situated in the north-west of Rajasthan. It is 320 Kms from Jaipur, 445 from New Delhi, 339 Kms from Panipat, 550 Kms from Ludhiana, 536 Kms from Amritsar, 368 Kms from Bhilwara, 285 Kms from Beawar, 553 Kms from Agra.

Bikaner is the next major destination for investment in land in current times; the reason being cheap rates of land, fast paced industrialization of area, residential developments by big names in Industry and domestic airport etc. In last few years, big business houses and investors have purchased huge chunks of lands in Bikaner. A lot of thermal power, solar power and mining industries have already been set-up and more are coming up gradually. Also the area is witnessing a lot of residential developments with builders like Ansal’s developing integrated townships in the area to tab future demands of housing from people migrating in Bikaner for jobs.

Some recent developments in Bikaner include:

a.) Setting up of 135 MW VS Lignite Power Plant by KSK Energy Ventures. Plant became operational from 31 March 2010. Plant is located in Gurha Village, Tehsil kolayat, Bikaner.

b.) Congress president Sonia Gandhi inaugurated Rajasthan’s first lignite ‘Opencast’ mine of a total capacity of 2.1 million tonnes in Barsingsar village in Bikaner district. The lignite mine has been set up by “Mini Ratna” Neyveli Lignite Corporation (NLC) Limited. Barsingsar Power Plant now produces 250 Megawatts of power, 2190 million units of electricity per year.

c.) CESC, a RP Goenka group company has acquired 200 acres of land in Bikaner with plans to extend it up to 1000 acres. Company is planning to produce 200 – 400 MW of Solar Thermal power with an investment of Rs. 2000 million over a period of 5 years.

The land is available at very cheap rates on main NH-15 and sector roads, with potential for huge ROI in three to four years’ timeframe.