This story is from February 08, 2024
Conrad spells out steps to decongest, beautify Shillong
Development rights of riverfront plots up for grabs at lower cost
The Sabarmati Riverfront Land Disposal Policy 2024 includes a revision of value zones and the duration of leases. The city's land market has seen a decrease in the cost of land along the riverfront. Short-term leases for development rights may extend between 15 to 35 years.
Ahmedabad, Gandhinagar get metro extension, riverfront expansion
The budget for Ahmedabad and Gandhinagar focuses on an extended riverfront, a metro extension to the airport, Olympic-class sports infrastructure, and a manufacturing hub for the space sector. It also includes grants for medical equipment and the construction of new hospitals.
99-year Riverfront leases to cost 10/sq m a year
The SRDCL will soon initiate the sale of the development rights of the plots in various value zones of the Sabarmati Riverfront. The lease price for the land will be fixed at Rs 10 per sq m annually after the development rights sale.
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