According to tomorrow's SBP the government have approved a bill that will have a 'use it or lose it' clause for development land with the loss of zoning after 5 years plus financial penalties. Also included is the compulsory acquisition of the land for public projects, including housing and schools at a little over agricultural values rather than development value.
The government is moving on this due to the cost of acquiring land for infrastructure projects which is eating up 25% of total capital spending.
The government is relying on the 'common good' restrictions to private property rights in the Constitution.



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