Gujarat chief minister Vijay Rupani is planning to promulgate an ordinance to regularize all residential properties built on land coming under Urban Land Ceiling Act. The market price of these properties runs into several thousands of crores of rupees.
The revenue department has finalized the draft ordinance which will be sent for the formal approval of the cabinet next Wednesday. The CM has decided not to wait for the next budget session to introduce a bill in this regard.
Source: Times of India