SilverLine project: Restrictions on acquired land to continue

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Thiruvananthapuram: Though the government has decided to temporarily halt the SilverLine project until the centre’s approval, the restrictions on the land acquired for the project will continue. According to official sources, the government didn’t freeze the notification issued for acquiring 1221 hectares of land for the proposed semi-high-speed rail line in the state.

The notification also mentioned the survey numbers of the land identified for the land acquisition.

It was on August 18, 2021, the government issued its first notification. Though this notification pointed out that 955.13 hectares of land should be acquired for the project, the government revised this notification and issued a fresh one in October. In this notification, the government increased the area of land to 1221 hectares.

As the government identified the land for the project during the land acquisition procedure, the land owners are unable to borrow loans from the bank by pledging the documents of their property. The public sector banks have been refusing to sanction loans to the applicants who have given the documents of the land acquired for the SilverLine Project. Though a similar problem was reported in the cooperative sector, the registrar issued an order asking the banks to sanction loans.

Meanwhile, the public sector banks didn’t reveal their stance on the issue yet. Either the Bankers committee or Reserve Bank should take a decision on the same. But bank officials claim that no direction was given on the land documents which were given as a surety for the loan.

Village officials have been taking a similar stance on such issues. If a village officer hints that the land will be acquired for a proposed project, all transactions related to the land will be controlled. The sale of the land identified for the SilverLine project is also affected due to the concerns of land acquisition.

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