Panel suggests sops to preserve private heritage buildings

Alison Saldanha : Tue Feb 26 2013, 03:55 hrs

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Other notable incentives recommended include creation of special economic zones and special planning zones for free trade in heritage precincts, concessional interest rates on loans to such properties and tax deductions for trusts and charitable institutions donating money to such properties.

The recommendations do not include punitive action against those owners who fail to preserve heritage buildings and make wanton alterations in their properties.

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