Newsletter

Rudklao Reveals Approval of Real Estate Expropriation Law for Yellow Line Project: Details and Implications

Follow us on

April 18, 2024 7:54 pm

Share news

“Rudklao” reveals that the Council of Ministers has approved in principle the draft law on real estate expropriation. Yellow Line Project Lat Phrao-Samrong Section, 33 plots in Wang Thonglang-Bang Kapi-Suan Luang-Prawet-Bang Na area. and Bang Phli District Mueang Samut Prakan District

On April 18, 2024, Ms. Radklao Inthawong Suwankiri, Deputy Spokesperson of the Prime Minister’s Office, revealed that the Cabinet meeting There was a resolution to approve in principle the draft Real Estate Expropriation Law. to build electric train business Yellow Line Project Lat Phrao – Samrong Section In Wang Thonglang District, Bang Kapi District, Suan Luang District, Prawet District, Bang Na District, Bangkok and Bang Phli District Mueang District Samut Prakan Province of Samut Prakan, BE …. as proposed by the Ministry of Transport (CC.)

The deputy spokesperson of the Prime Minister’s Office said that the CCSA suggested that the Mass Rapid Transit Authority of Thailand (MRTA) arranged land ownership for the implementation of the Yellow Line project. (Lat Phrao – Samrong section) according to the Royal Decree which specifies the boundaries of the land in the area to be expropriated. and the announcement by the Prime Minister’s Office that the expropriation of real estate according to the Royal Decree is a case of necessity, the MRTA has handed over all the land subdivided into the Yellow Line project. be already used in construction However, there are private lands that have been expropriated and the MRTA has paid compensation to the land owners but has not yet transferred ownership of 33 plots of land, therefore the MRTA needs to enact the Real Estate Expropriation Act in accordance with section 28 of the Act Real Estate Expropriation and Acquisition Act 2019 so that ownership vests in the MRTA.

The main points of the bill This is an expropriation of real estate. to build electric train business Yellow Line Project Lat Phrao – Samrong Section In Wang Thonglang District, Bang Kapi District, Suan Luang District, Prawet District, Bang Na District, Bangkok and Bang Phli District Mueang District Samut Prakan Samut Prakan Province The Governor of the Mass Rapid Transit Authority of Thailand shall be the expropriation officer under this Act. and allow expropriation officials to use the expropriated real estate within 4 years from the date of entry into force of this law.

div{margin:0 -15px;}@media (max-width:767.98px){.css-x9zhmp{width:100vw;max-width:inherit;margin:30px -15px;}}]]>
#Cabinet #approves #expropriation #plots #land #build #Lat #PhraoSamrong #Yellow #Line