The Punjab New Mandi Townships (Development and Regulation) Act, 1960

The Punjab New Mandi Townships (Development and Regulation) Act, 1960

Infrastructure196022 sections

This Act establishes a legal framework for developing and regulating new market townships in the Union territory of Chandigarh. It empowers the Central Government to declare specific areas as new mandi townships and to transfer land and buildings within them to private individuals or entities. The legislation covers the sale, lease, and development of these sites, ensuring that necessary public amenities like roads, water, and drainage are provided. By governing the construction and transfer of property in these designated areas, the Act aims to facilitate organized urban development and market infrastructure while protecting the interests of both the government and the occupants of the transferred properties.

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