PUDA Start Land Bank In Punjab For Low Price Plots and House Scheme

By | May 8, 2017

PUDA Start Land Bank In Punjab For Low Price Plots and House Scheme, Land Bank of Punjab Urban Planning and development Authority (PUDA)

Good news to all the public of the Punjab. Guess what is that? I know you can’t guess. So now I am discussing with you the same. The news is that Punjab Urban Planning and Development Authority going to make Land Bank.

So if the guys if you have see the dream of your own house and shop then this is really a good news to all of you. I know buy own shops and houses in Punjab is the matter of the big tension. So believe me and leave the tension. Here I discussed with you the complete information about the Land Bank.

PUDA Start Land Bank In Punjab

In Punjab if anybody have the dream of his own house and own shop then there is a very good deal and news to all of you. Now you can buy the houses and shops at very lowest price. In other way the farmer will also get the proper rate of their land. So the government will planned to complete the dream of the common public of the Punjab. So to complete your dream the Punjab Urban Planning and development Authority decided to establish the Land bank in the Punjab. They also make the list of the rate or value of the land in all area of the Punjab.

So after the establishment of the PUDA Start Land Bank In Punjab will sell the land in proper rate. According to the news this discussion done under the leader ship of the Chief Minister of the Punjab Captain Amarinder Singh. In this meeting their discussed on this issue that the rate or value of the Punjab land very high. Common persons can’t buy the land due to the higher rate of the land. And the people faced so many problems due to the high value of the land. So the government of the Punjab decided that they will make the list of the rate of the land and they will make the rational rate of the land .So after the rational rate of the land even a common person can buy the house and shop at the Punjab.

PUDA Start Land Bank For Low Cost House and Plots Scheme 2017

This land will be distributed under a lucky draw scheme. They will also auction the land. Before the auction they will check the rate of the land in the market. So after they will decide to sell the land in the auction. The secretary of the Punjab Housing and Urban Department also instruct the officials first they will establish the PUDA Start Land Bank In Punjab in the Punjab. With this they also decided to buy the land from the farmer at the 80:20 formats. After the establishment of the Land Bank the farmer be the partner of these Land Bank.

Punjab Urban Planning and development Authority Land Bank Scheme In Punjab

According to the information PUDA have six authorities who work under them. This authority will help the PUDA to develop the cities of the Punjab. And the six authorities are:-

  • BDA
  • GLADA
  • GMADA
  • JDA
  • PDA

To acquisition of farmer they will make the payment of value of the land in Cash. Or they will also pay the amount in the Land Pulling scheme. Under the Land pulling scheme they will gives the plot or commercial plot to the farmer in exchange of the land. And they will also make the partner under this scheme.

So guys now tell me isn’t this is good news to all of you. So take the benefit of this scheme.