J&K Govt is working with real estate agents on drafting zoning rights and land pooling rules

Srinagar, June 29: The Jammu and Kashmir Government has taken a significant step towards strengthening urban development by formulating the Draft Jammu and Kashmir Land Pooling and Utilisation of Transferable Development Rights Policy, 2024 and the Draft Jammu and Kashmir Land Pooling Policy, 2024.

The official spokesperson, in a statement here, said that as part of the inclusive policy-making process, the Department of Housing and Urban Development has invited concerns and suggestions from the general public.

In support of this initiative, Secretary Commissioner, Department of Housing and Urban Development convened meetings with real estate stakeholders of Kashmir and Jammu on 26th and 29th June, 2024 at the Civil Secretariat, Srinagar and Jammu.

These meetings were aimed at gathering valuable insights and opinions from realtors of J&K on the proposed policies.

A comprehensive presentation was given on the Draft Policy on Subsidy and Use of Transferable Development Rights and the Draft Land Pooling Policy, detailing the key features and benefits of these policies.

The presentation highlighted the government’s commitment to creating a sustainable development framework that takes into account the needs of all stakeholders.

After the presentation, real estate agents were asked for comments and suggestions.

Participants actively shared their perspectives, offering constructive feedback and proposing changes to increase policy effectiveness.

The discussions were held in a spirit of cooperation, with real estate agents expressing appreciation for the government’s inclusive approach.

Both meetings ended positively and the Commissioner’s Secretary thanked real estate agents for their participation and valuable comments.

The feedback collected during these sessions will be carefully reviewed and incorporated into the finalization of policies.

The authorities of Jammu and Kashmir remain committed to promoting transparent and participatory decision-making, ensuring that the voices of all stakeholders are heard and taken into account.

The completed policies are expected to pave the way for more organised and sustainable urban development in the region.