Tuesday 9 December 2014

Bengal needs to do away with land ceiling act: Adi Godrej




The West Bengal government should do away with the urban land ceiling act, Godrej Group Chairman Adi Godrej said on Tuesday while describing the act as an antiquated legislation. 

"The West Bengal government should do away with the urban land ceiling act. Many states have done away with it and West Bengal is one of the few states to have kept it," Godrej said at an informal interaction with the media in Kolkata.

The Godrej Group, which has four upcoming real estate projects in Kolkata and an animal feed plant in the state, is keen on more residential projects in the city. "It is not a good thing to continue with the land ceiling act," he said. Asked to comment on the state government's approach on land acquisition, Godrej said, "Getting land is a problem here, but I believe Mamata Banerjee is changing her mind now. Earlier she had said that the government will not acquire land".

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MCHI-THANE has always been very clear that fine housing complexes and shopping malls cannot stand in isolation. A great City is the sum total of great buildings, great infrastructure and great people. MCHI has been committed to growth of the real estate sector and is credited with the harmonious growth and rise in quality and standards of construction in Thane City in the past decade.

Its aim as an Association of Developers has been to seek rational rules and regulations which are uniformly applied across the board as this will to a great extent result in speedy construction, cost reduction, fair pricing and a push for better quality standards at par with the developed world, with a high level of transparency.

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