Real estate investors alert! Now, get land, plot availability, information anywhere in world on real time basis

In a major development, Union Minister of Commerce and Industry, Piyush Goyal, in a written reply in the Rajya Sabha has confirmed that Modi government has integrated Industrial Information System (IIS) portal with the GIS System of six states in first phase to provide updates on land availability and plot level information to investors anywhere in the world on real time basis and help them make informed decisions.

For the development of National Land Bank, Government intends to solicit the details of industrial land with plot level information, connectivity thereto, basic facilities, other facilities available and contact details of authorities/developer of the park.

National GIS-Enabled Land Bank System

Government agencies are provided with unique User ID and password to upload the land details. However, the other investors can go to https://iis.ncog.gov.in/parks and simply register on the portal by creating a username and password and login to see the information available on the portal.

Jharkhand is one of the eight states in the second phase of integration of state land bank/GIS systems with the IIS portal. The state has uploaded land data manually on the portal in the past. The state is yet to align its portal as per the Standard Operation Procedures (SOP) of integration of the two systems. The technical teams of State of Jharkhand are in touch with MeitY team who are providing technical support to develop the GIS Based National Land Bank under IIS.

Commenting on the major development, Anshuman Magazine, Chairman & CEO - India, South East Asia, Middle East & Africa, CBRE, said, "The launch of GIS-enabled land bank system as part of the ‘Aatmanirbhar Package’ is a commendable step to make the process of land identification and procurement more effective. Land is amongst the key factors in the process of setting up an industry and this system will allow corporates to systematically analyze information at a very early stage of their decision making process. Besides empowering the investors by giving real-time data on available land banks, it will also make the process more transparent and end user-driven. Additionally, the land bank system will improve overall efficiency in terms of timelines and positively impact the ease of doing business for all stakeholders in the manufacturing sector. The system is expected to bolster domestic and foreign investments and provide a fillip to industrial manufacturing by enabling investors to make informed decisions."