Business Complex Set Up In The Enchanting Natural Backdrop Of Meghalaya Can Be A Costly Affair

People interested in Meghalaya destination may not know that it does not grant permission for any permanent establishment, be it trade or residing purpose all are on rental basis, the biggest crunch on wallet is what HM Cement is undergoing in the attempt to set up Marriott world class hotel chain with 1 crorer plus plot rental basis on PPP mode.

The outcome of this business extension in Meghalaya’s heart Shillong is on a stall for a year which construction was started way back in 2011 with full enthusiasm by project dealer HM Cements. But later due to state urban affairs department’s objection to government body for their grant of 1 year extension period to HM Cements for clearing the rental money based on 30 years contract this Shillong’s tallest building project is on a stall.

HM Cements which was supposed complete the infrastructure of the mega five star hotel chain after the land allotment in 2010 in the central crore of Meghalaya at Shillong with cooperation of US Marriott Hotel organisation now appears quite dicey after demonetisation and urban affairs department’s strict instruction.

The urban affairs department was entirely unhappy about HM Cement’s payment clearance mode and their approach to Shillong Municipal Board for one year extension request. Already Rs. 36 Lakh has been cleared by HM Cements where remaining 1 crorer is not cleared last year as the government granted extension of one year which had irked the urban affairs department. Now the urban affairs department is pressuring government authority to take legal action against the firm and to seize the property for not able to meet Municipal Board’s fixed rental payment of Rs 72 lakhs.