West Bengal government emphasised on new smaller twonships in the state but so far its proposed theme cities had failed to attract bidders for development in PPP model.
quot;I am interested in new tier II and III townshipsquot; state Finance Minister Amit Mitra said on the sidelines of the CII organised realty conclave.
But a real estate developer on the sidelines said quot;The theme cities have not able to attract bidders’ interest and so the state government has decided to develop Bolpur theme city of their own.quot;
The state governemnt 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 said state has taken several reforms to boost real estate sector.quot;We have rationlised circle rate 10 per cent higher Floor Area Ratio FAR for green building. For buildings within metro railway stations 10 per cent more FAR. New private township policyquot; he said.