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Cabinet transfers land to J&K Bank

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STATE TIMES NEWS
JAMMU: The Cabinet on Monday accorded sanction to the transfer of land measuring 50 Kanals available with Government Joinery Mills, Pampore by way of sale to the J&K Bank Ltd at Rs 45 lakh per Kanal for development of Mega Currency Chest and establishment of Staff Training College, which will be handed over to the J&K Bank after receiving full compensation after due demarcation provided by the Revenue Department Officials.
It also accorded sanction to the change of land use of evacuee land measuring 54 kanals and 13 marlas situated at Batpora, Zakura, Srinagar, falling under the Master Plan Srinagar-2021, from residential to educational use, by way of establishing a new Government Degree College for Women, Batpora, Zakura, Srinagar on the said land by the Higher Education Department and incorporation thereof of the said change of use of land in the Master Plan Srinagar-2021.

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