Steel City opens up land bank to woo investors

Ranchi | Friday | 10th February, 2017

Summary:

"About 14,710 parcels of land totalling 25,000 acres is available with the land bank. Chief minister Raghubar Das will lay the foundation of the multiplex during the investors' summit, he added. Besides, two plots — each over 200 acres — are also available with the land bank.In addition to this, there are several plots measuring between one acre and 50 acres that are available with the land bank. District commissioner (DC) Amit Kumar on Friday announced a series of measures to ensure investors can acquire land in a hassle-free manner, including the facility to pay the land fee in five annual instalments. We have made arrangements to ensure investors can use the land on lease for 30 years on easy instalments," the DC said.He added that six plots of land, each measuring between 51 and 100 acres and 100 and 200 acres, are parked with the land bank..