Tri-Cities India > Blog > Chandigarh Tri-City > Chandigarh: Bansal flays admin’s 50% freehold rate hike proposal
Chandigarh: Bansal flays admin’s 50% freehold rate hike proposal
Bansal said that the formula worked out for the conversion of residential leasehold land tenure into freehold land tenure provides a just and reasonable guideline for industrial and commercial properties as well, whereas the present proposal would render the scheme a mere Faustian bargain Bansal said that the formula worked out for the conversion of residential leasehold land tenure into freehold land tenure provides a just and reasonable guideline for industrial and commercial properties as well, whereas the present proposal would render the scheme a mere Faustian bargain
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