10 - IMPLICATION OF SECTION 118 OF H.P. TENANCY & LAND REFORMS ACT

10.1 A relaxation in favour of the private developer pertaining to the acquisition or transfer of private / Government land will be given for the specific purpose of developing new townships in various areas of the State. And for this purpose suitable amendments in section 118 of the Himachal Pradesh Tenancy and Land Reforms Act, 1972 will be made. Upon such relaxation being given, the developer will commence construction within six months from the date of getting possession of the land and the township should be fully developed with in five years.

10.2 Further more, the developer will have freedom to sell the plots, flats or semi-constructed structures to the prospective buyers without any legal hurdles. For this purpose, suitable amendments in section 118 of the Himachal Pradesh Tenancy and Land Reforms Act, 1972 will be carried out so as to bring these private developers at par with the dwelling units/ plots sold to private parties by the Himachal Pradesh Housing Board and Himachal Pradesh Nagar Vikas Pradhikaran through out the State.

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