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BMC Looks To Earn ₹2,000 Cr By Leasing 610 Vacant Plots
Hindustan Times Thane
|March 05, 2025
The BMC has amended its Vacant Land Tenancy (VLT) policy, now allowing plots smaller than 125 square meters to be converted into leasehold properties for a period of 30 years.
MUMBAI: The updated policy is a significant shift from the last amendment of March 2020, which only allowed larger plots to be leased. It is expected to boost the BMC's revenue from these lands and create more development opportunities for lessees.
Denne historien er fra March 05, 2025-utgaven av Hindustan Times Thane.
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