Steel City opens up land bank to woo investors

  • | Friday | 10th February, 2017

"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.

Jamshedpur: Ahead of Momentum Jharkhand , the state's maiden investors' summit next week, chief minister Raghubar Das's home district has rolled out the red carpet for participants.The East Singhbhum district administration has identified 25,000 acres of land that can be used to usher in economic development in the district. 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."About 14,710 parcels of land totalling 25,000 acres is available with the land bank. 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. 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. The DC said electronics manufacturing, automobile ancillary, mining, agro-processing, hospitality, tourism and education have been identified as areas where investments can be made.The DC also announced that the Mumbai-based Carnival group will build two multiplexes; one each in Ghatshila and Kadma."In Ghatshila, 1.5 acres near NH-33 have been allotted to the Carnival group. In Kadma, too, land has been identified," the DC said. Chief minister Raghubar Das will lay the foundation of the multiplex during the investors' summit, he added.

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