DDA proposes to simplify conversion rules for plots

The Delhi Development Authority (DDA) is drafting a proposal to simplify the conversion of leased residential,commercial and industrial plots to freehold basis.

Before the rules were amended in 2006,residential,commercial and industrial plots were disposed of on a leasehold basis. After the amendments,the plots were disposed on a freehold basis.

In the case of those who had bought the plots before 2006,the authority insisted on certain stipulations such as minimum construction.

It has now decided that a proposal may be sent to the Ministry of Urban development to amend the freehold policy by allowing conversion of leasehold plots into freehold plots without insisting on any minimum construction on the said plots subject to a payment of composition fee till the date of receipt of application for conversion.

Stay updated with the latest - Click here to follow us on Instagram