With a view to promoting the democratisation of land ownership, any person who subscribed for Rs 15,000 ( i.e 15,000 ordinary shares of Re 1 each) was given an “Option Certificate” which gives the option holder the possibility to participate in the purchase of plot of land, either agricultural or residential.

The “Option Certificate” also gives the holder/s a discount of Rs 15,000 on the purchase of a plot of land from SITLH or SIT Property Development Ltd (SPDL).

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