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Chandigarh: Bansal flays admin’s 50% freehold rate hike proposal

Bansal said that the formula worked out for the conversion of residential leasehold land tenure into freehold land tenur...

Chandigarh: Bansal flays admin’s 50% freehold rate hike proposal
Source: Hindustan Times - Chandigarh

Bansal said that the formula worked out for the conversion of residential leasehold land tenure into freehold land tenure provides a just and reasonable guideline for industrial and commercial properties as well, whereas the present proposal would render the scheme a mere Faustian bargain

SOURCE: Hindustan Times - Chandigarh
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