West Bengal emphasis on developing new tier II and III townships

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West Bengal government is emphasising on developing new smaller townships in the state.

I am interested in new tier II and III townships, said state Finance Minister Amit Mitra on the sidelines of a realty conclave.

The state government had decided to promote six theme based cities with government land – Siliguri, Baraipur, Asansol, Kalyani, Bolpur and Howrah.

Mitra asked investors to come forward for the theme townships.

Meanwhile, Mitra stated that the state has taken several reforms to boost real estate sector.

We have rationlised circle rate, 10% higher Floor Area Ratio (FAR) for green building. For buildings within metro railway stations 10% more FAR, he added.