The civic general body approved a vacant land tenancy scheme (VLT) on Wednesday in a view to boosting revenue. The BMC plans to receive Rs 500-600 crore one-time revenue from 213 plots, covering more than 125 sq ft, which will be leased at 62.5% of ready reckoner rates. These involve gymkhanas, cricket fields, community centres and godowns […]
BMC expects to receive Rs 600 crore through the Vacant Land Tenancy (VLT) scheme.more