Tag: greenfield satellite townships

IndustryLatest Stories

Bihar to Lift Restrictions on Land Deals in Satellite Towns

Representative AI image PATNA: The state government has announced the removal of restrictions on the sale, purchase, and transfer of land in designated Greenfield Satellite Township areas following the final publication of their development plans. This initiative is anticipated to benefit landowners and investors while promoting oriented urban growth. Approved by the competent authority, this decision seeks to balance urban expansion without compromising satellite township projects. Once the development plans are officially acknowledged, land transactions will be allowed within a controlled planning framework. A press release from the urban development and housing department confirmed that it had previously prohibited land…

InfrastructureLatest Stories

Bihar Eases Land Sale Rules in Proposed Township Zones

Representative Image PATNA: The state cabinet, led by CM Samrat Choudhary, approved a proposal on Wednesday to acquire land for 11 planned greenfield satellite townships, which will be leased or sold to investors for state-approved projects. The prohibition on land transactions in the designated satellite township areas has been lifted. Landowners can now sell their land to the government due to family emergencies or significant expenses like weddings. The cabinet has empowered administrative officials to facilitate these acquisitions. A total of 29 agenda items were ratified during the cabinet meeting. Notably, amendments to the Bihar Outstanding Sportspersons Direct Recruitment Rules…