The properties allotted in compensation and lying underdeveloped for a decade will be liable for penalty as deadline issued for such cases ends on June 30. Such properties shall be liable for a penalty of 1 per cent of the reserved price for each year. "The provision was added in accordance to the land acquisition rule reforms. As the compensated land is provided in developed area, it also needs to be developed in a stipulated time," says a senior urban development officer.
from India News https://ift.tt/2J5j1Qj
Sunday, 27 May 2018
New
Jaipur: Deadline nears on old 'compensation land'
About Unknown
SoraTemplates is a blogger resources site is a provider of high quality blogger template with premium looking layout and robust design. The main mission of SoraTemplates is to provide the best quality blogger templates.
India News
Labels:
India News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment