In a noteworthy announcement, Karnataka’s Minister Krishna Byre Gowda revealed plans to implement a direct land use conversion scheme. According to the minister, this initiative aims to streamline the process for property owners seeking changes in land usage, provided that the property is currently being used for the purpose specified in the master plan.
The proposed direct conversion scheme allows property owners to approach the planning authority directly, bypassing the traditional time-consuming and complex procedures. This move is expected to facilitate smoother transitions between different land uses, potentially boosting economic growth and urban development in Karnataka.
Details regarding the implementation timeline, eligibility criteria, and specific regulations for the direct land use conversion scheme are yet to be disclosed. However, the announcement has sparked anticipation among property owners and real estate stakeholders in Karnataka, who view this initiative as a potential game-changer for the sector.
