CRDA Issues Notification For Houses Acquisition In Capital
Amaravati: The AP Capital Region Development Authority (APCRDA) had issued notification for the acquisition of lands, houses, shops, cattle sheds and other establishments in the existing villages for the internal roads. The notification was issued on Wednesday evening which empowered the CRDA to take up acquisition through negotiations with the owners.
The APCRDA would acquire houses, vacant house sites, cattle sheds, small business establishments and agriculture lands holding negotiations with the owners. The CRDA, as per the notification, would give house sites to the owners and provide compensation to them besides paying expenses for shifting to the new place. The houses taken for the road would be valued and compensation is paid two times to the value, the APCRDA said.
If the artisans are displaced in the process, the APCRDA would pay a monthly compensation of Rs 2,500 for a period of 10 years, if they are not covered under the pension in the Land Pooling System. The APCRDA would also pay Rs 50,000 one-time cost for shifting of the houses, Rs 25,000 for construction of petty-shops, cattle sheds and artisans establishments.
The houses removed from the residential areas would be given equal extent of houses in the capital residential zone, while the vacant house sites, cattle sheds and other establishments would be compensated with the equal extent of land in the non-commercial areas.