Market Sources, 2008-08-18
by India Research Team
Delhi, India
GOVERNMENT DECISION
Pimpri-Chinchwad Authority decided to reserve 27 percent of its land for weaker section
As reported in The Indian Express, Pimpri-Chinchwad New Town Development Authority (PCNTDA) will reserve 27 percent of its plots, shops, stalls and flats for weaker section of the society. Government servants will get a five percent reservation, PCNDTA employees two percent, Scheduled Castes 11 percent, Scheduled Tribes six percent, and nomadic tribes and nomadic castes 1.5 percent each.According to Umakant Dangat, CEO of PCNDTA, as per the the new decision - 27 percent of PCNDTA land will be reserved while the remaining 73 percent will be open for others.
About Colliers International
Colliers International is a global affiliation of independently owned commercial real estate firms. The organization's 11,000 employees span the world in 293 offices in 61 countries. On a worldwide basis, Colliers manages 868 million square feet, and has revenue of over USD 2 billion.
Contact Information
India.Research@colliers.com
back to top
|