|Chennai||Rs. 24970.00 (-0.44%)|
|Mumbai||Rs. 25970.00 (0%)|
|Delhi||Rs. 25350.00 (-0.59%)|
|Kolkata||Rs. 25440.00 (-0.04%)|
|Kerala||Rs. 24900.00 (-0.8%)|
|Bangalore||Rs. 25200.00 (0%)|
|Hyderabad||Rs. 25080.00 (0.12%)|
The state government has introduced an exit policy for closed or sick units in various industrial parks in the state. Under this new scheme, these units can return their land and get their money back.
Under this new scheme, the interested allottees have to apply till October 31 for this. After receiving the applications, the Bihar Industrial Area Development Authority (BIADA) will verify the papers regarding the land. If everything found in order, the Authority will refund the money to allottees after deducting proportional amount for the time the land was occupied and 10 percent administrative fee. A senior official at BIADA told, "The policy is still in trial phase, therefore we have introduced it only for those who have been allotted land after 2005. However, if the response is good, then we can extend the time line and last date."