real estate in west bengal
The Urban Land Ceiling Act in West Bengal is restricting the availability of large sized freehold land in the city. The real estate developers of the city are paying a premium amount for getting government auctioned land. The cost of lad was Rs 58 lakh a cottah in 2005, which has been increased to Rs [...] Continue Reading »
With the new amendment made on the ceiling on land holding bill, the future of the township and large housing complex projects has been barred. West Bengal legislative assembly removed the township project from the exemption list of the ceiling on land holding bill. According to the state government, construction of large township is not [...] Continue Reading »
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 [...] Continue Reading »
