New land bill for township projects in West Bengal
The state government of West Bengal planned to amend the holding and leasing out bill for land in excess of ceiling.
According to the new amendment, the government companies engaged in township projects in Bengal,will get exemption from the land ceiling restriction.
In the latest amendment, it is also expecting the removal of the clause of mandatory completion time frame for the projects involving ceiling excess land.
Once the amendment get clearance, builders will be able get leases of ceiling excess land from the government companies. And also the project completion boundation will be removed in the amendment.
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Source : Telegraph India
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