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Govt to make changes in land bill

Govt to make changes in land bill

Reports suggest that the government plans to double the offer to landowners who sell land for private projects. Acc­ording to a provision, which may be included in the revised land bill, land owners may be offered 40 per cent (instead of the earlier 20 percent) of deve­loped land (in proportion to what they lost and at a price equal to the cost of acquisition and development). This might be doubled in the version to be presented in Parliament.

Post
Govt to make changes in land bill

Govt to make changes in land bill

Reports suggest that the government plans to double the offer to landowners who sell land for private projects. Acc­ording to a provision, which may be included in the revised land bill, land owners may be offered 40 per cent (instead of the earlier 20 percent) of deve­loped land (in proportion to what they lost and at a price equal to the cost of acquisition and development). This might be doubled in the version to be presented in Parliament.