Close
Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · The Property Underground
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

The Property Underground

Formal Appraisal Awaited in Process to Acquire Approximately 3,000 meters of Land Needed for Dewa Ruci Underpass Project in Bali.


Bali News: The Property Underground
Click Image to Enlarge

(7/17/2011)

The team appointed by the government to secure the land necessary for the development of the Dewa Ruci Underpass Project in Kuta are taking a “hands off” approach to the Rp. 1,5 billion (US$170,000) per are (100 square meters) price being sought by landowners asked to surrender their land to the road project. The Committee for the Procurement of Land for the Development of Simpang Siur (P2T) have declared their intent to wait for the recommendations of an independent team on the correct price for the commercial lands needed by for the underpass project.

As reported by NusaBali, the Chairman of the P2T, Nyoman Soka, said it was the right of the land owners to ask a Rp. 1,5 billion per are price, but his committee would wait for an independent appraisal from a separate team qualified to examine property values.

Soka said the final price paid for the land would be based on a formula based on the market price of property in the affected area. The evaluation of proper property prices for the land is  targeted to take place during the third week of August 2011.

The underpass project will involve 6,785 square meters (67.85 are) or land comprised of State-owned land and private parties. Nine existing structures will be demolished to make way for the project. In all, some 29 separate title-holders will be affected by the land acquisition that will clear the way for the Dewa Ruci underpass.

Among the 29 parcels of private land that will be vacated for the underpass are the Harley-Davidson outlet, Maharaja Karaoke, Haffele occupying some 1,060 square meters. In addition, 700 square meters of land at the Galeria Duty Free will be required for the roadway’s completion. Private parcels owned by Cokorda Pemecutan (580 square meters) and A.A. Made Urip Sujana (650 square meters) are also on the block.

Cokorda Pemecutan has told a recent meeting that, in his opinion, the proper price for the land was Rp. 1.5 billion per square meter. Other landholders have also protested that the amount of land demanded by the underpass is excessive.

On the assumption that the land acquisition process is completed beforehand, the actual construction of the underpass is scheduled to commence in October 2011.
 


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.


 
 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
Reducing Fatal Snakebites in Indonesia
Indonesia Needs to Develop a Range of Poisonous Snakebite Serum Vaccines
(11/23/2014)
Imprisoned on Appeal
Supreme Court Send Bali Lawyer Rizaldy Wartuty to Prison for Fraud in a Property Deal
(11/23/2014)
Snatch Thieves, Catch Thieve
Police Arrest Two Pickpockets Operating on Poppies Lane II in Kuta, Bali
(11/23/2014)
Prisoners of Paradise
Bali’s Kerobokan Prison Bursting with Inmates While New Prison Construction in Bangli Stuck in Bureaucratic and Funding Delays
(11/23/2014)
Roadside Banditry
Villagers between Selat and Sideman Participating in Collection Illegal Retributions from Passing Trucks
(11/23/2014)
Where to Lunch in Ubud
Too Good Not to Share: Warung Teges, Peliatan, Ubud for Outstanding Nasi Bali
(11/23/2014)
Refusing Treatment Proves Fatal for Arab Tourist
Saudi Arabian Tourist Fall Ill and Dies in Bali
(11/23/2014)
Asia’s Best Street Food in a Single Locale
Too Good Not to Share: Bali Update Editor Discovers that Sarong’s Love Affair with Indonesian Cuisine Continues to Blossom and Bloom
(11/23/2014)
Saved from the Satay Grill
Bali Water Police Rescue 51 Endangered Green Turtles
(11/23/2014)
Man of the People
President Joko Widodo Flies Economy to Attend Son’s Graduation in Singapore
(11/23/2014)
A Dozen Years for Homicide
19 Year-Old Male Prostitute who Killed American Paul Latourell Sentenced to 12 Years Prison
(11/23/2014)
Fire in Ubud
Massive Fire Destroys Clear Café and Five Nearby Homes in Ubud, Bali
(11/23/2014)
All [News]!