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Low cost housing seeks more reservation in Bengal urban land policy

1 Comment Sub Category:Kolkata,Realty News,Residential Real Estate Posted On: Apr 20, 2012

The West Bengal government has now decided to bring in an amendment to the Urban Land (Ceiling and Regulation) Act (ULCA), 1976.

The proposed amendment will impose the reservation of 30 per cent apartments in big housing projects for the low-income group (LIG).

Though the industrialists have been asking to withdraw the law, the ministry has refused to abolish the Land Ceiling Act. Rather they will permit the developers to purchase of lands beyond the ceiling limit.

According to city developers, 30 percent reservation for the LIG segment is not feasible and the government is thrusting the responsibility upon the private developers.

More related stories:

New land bill for township projects in West Bengal

WB Land Bill to be tabled in winter session

Source : Business Standard

One Response to “Low cost housing seeks more reservation in Bengal urban land policy”

  1. [...] Low cost housing seeks more reservation in Bengal urban land policy [...]

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