New master plan will benefit real estate developers: CPI(M)
The Hindu
‘Middle-class and lower class can no longer dream of owning a house’
The Greater Visakha City Committee of the Communist Party of India (Marxist) has described the Master Plan - 2041 of the Visakhapatnam Metropolitan Region Development Authority (VMRDA) as a ‘real estate plan’ that aims to convert agricultural land into non-agricultural land in order to benefit developers. The party further alleged that the master plan would snatch away the dreams of the middle- and lower classes of ever owning a house. Addressing a press conference here on Thursday, City Committee secretary B. Ganga Rao and city secretariat member R.K.S.V. Kumar alleged that the proposed master plan would result in real estate agents exerting pressure on farmers to sell their agricultural lands at nominal rates and convert them into real estate ventures. The farmers would be deprived of their lands and migrate to the city to work as migrant labourers, they claimed.More Related News
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