Much lower collector rates, how land sharks are dumping crores of black money by buying land in Punjab
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If the collector rate is Rs 12 lakh per area in a village ,that land is selling at Rs 50 lakh leaving a huge gap of Rs about 38 lakh between the black and white money.
Raghbir Singh Brar
Faridkot
Email:raghbirsinghbrar@gmail.com
Right under the nose of the Punjab government, crores of rupees of black money is being adjusted by the land sharks in Punjab by buying agriculture or commercial lands in the state.
The prized parcels of land along with the major roads ,including the state and national highways are looking to be sold, as the concreate walls have been coming up or are already up around large circle of land.
The rich agricultural land is turning into the uninhabited encircled walls of concrete. The crops have been replaced by concrete which would finally result i...