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Ghaziabad moots city development charges on realtors

Source : IANS
Last Updated: Tue, Dec 11, 2012 13:20 hrs

Ghaziabad, Dec 11 (IANS) The Ghaziabad Development Authority (GDA) Tuesday decided to impose city development charges (CDC) on realty developers to supplement infrastructure development costs in the area.

The GDA would generate Rs.6,670 crore by imposing Rs.824 per square metre, vice chairman Santosh Yadav said at a press conference after a GDA board meeting.

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