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Approach to SPPL
SPPL, a Company
registered under the Company Act, has financial and operational
flexibility.
Finance
SPPL plans to raise money from the market by
leveraging its equity base and the State Government's support in the
form of Government Guarantees. Organisation
SPPL has built a functional organization with persons
recruited from all available sources.
SPPL is free to plan, finance, conceptualize and
modify schemes to suit market needs and realities, it also has the
flexibility and authority to determine the role it needs to play as
facilitator / co-developer/developer, to ensure timely
implementation.
With DCR 33 (10) providing attractive incentives for
landowners, developers and builders, SPPL sees its proactive role in
the immediate future as follows:
* Take up
implementation and ensure successful completion of the schemes
sanctioned by SRA.
* Take up new
schemes on open and vacant lands.
* Take up
new schemes on encumbered lands.
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