A month after Dubai-based realtors signed deals with the J&K government, the UT Administrative Council (AC), headed by Lieutenant Governor Manoj Sinha, on Wednesday approved the transfer of 2,318 kanal (289.75 acres ), eight marla (2,178.008 sq. ft.) in seven villages at 17 locations in Srinagar and Budgam districts.
The land has been transferred to the Housing and Urban Development Department for construction of housing colonies “free of cost”.L-G Sinhaapproved the transfer “to meet the increased appetite for housing in Srinagar city and give a push to the housing sector”, a government spokesman said.
