Bihar government sets up a website for land purchase
To help investors find land, the Bihar government has set up a website where landowners willing to sell their land can find buyers.
Bihar Industry Principal Secretary Naveen Verma said at a CII conference here that they have this website where those who want to sell land can post details of it. So this becomes like a matchmaking site for investors and landowners.
He said that the website of Bihar Industrial Area Development Authority (BIADA) also shows the market price of the land. Verma also stated that they have land constraints because the land is fertile and also due to high density population. The cost of land also becomes higher as a result. But we will help you in buying land and also exempt stamp duty.
This new decision that has been taken by the Bihar government will be helping in buying land in the state of Bihar. Post this system the process of allotment and buying land will get much easier than it had been before. However the progress of this system will only be felt after a few month of usage.
Source: Economic Times
BIADA, Bihar government, Bihar Industrial Area Development Authority, CII conference, Landowners
