kolkata the kolkata municipal corporation kmc is contemplating rebate on tax for green buildings to encourage more environmentfriendly constructionthe confederation of real estate developers association of india credai has been providing a transparent platform and protecting the interest of homebuyers we are thinking about offering a tax rebate on green buildings so that the money that is saved can be used in its maintenance this will generate demand for green buildings and lead to more environmentsensitive construction mayor firhad hakim said at the inauguration of the credai bengal realty expo 2019this years fair organised in association with the times of india has been designed like a property mall with facilities like kid play zone food court lounge entertainment programmes and knowledge sessionsthe fair has been so created that a family can spend the entire day to explore property options take a bite and then check out interiors as well while the children have fun in the play zone said credaibengal president nandu belaniravi todi the exhibition committee convenor said the fair was injecting freshness and novelty into the format by prompting sale of lifestyle rather than brick and mortar homesafter nearly seven years of slowdown the industry is hedging its bets on this years fair to kickstart sales incentives announced in this years budget a plethora of affordable housing options and introduction of projects enlisted with watchdog agency wbhira is expected to inspire confidence among prospective home buyers to finally make the purchasehakim also urged credai to come up with ideas for integrated townships for the burgeoning urban population new townships which are well planned are the need of the hour more and more people are moving to cities and we need dwellings to accommodate them government will extend all possible help if developers come up with innovative and viable ideas he saidthe state has already amended the west bengal town and country planning development act 1979 to bring in a more workable township policy it has also allowed amalgamation of land parcels for the purpose of a single project development even if the parcels under individual ownership add up to more than urban land ceiling