Kolkata, July 27 (IANS) In a significant move to preserve Kolkata’s rapidly deteriorating heritage structures, the Kolkata Municipal Corporation (KMC) is planning to introduce a new law that seeks to balance heritage conservation with the financial interests of property owners.The proposed legislation will allow owners of heritage buildings to benefit from Transferable Development Rights (TDR), a mechanism aimed at generating funds for restoration while preventing the demolition of historically …
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