Go freehold if your house is on government land

Bringing a big relief , this scheme will be applicable to residential properties for conversion to freehold where the leases have already expired.

Go freehold if your house is on government land
NEW DELHI: Bringing a big relief to a large number of people living in 23 Nazul estates (government land) across Delhi, the urban development ministry on Thursday approved the mechanism for conversion of such properties from leasehold to freehold, by paying certain charges.

This scheme will be applicable to residential properties for conversion to freehold where the leases have already expired. Lessees, power of attorney holders, mutatees and purchasers of properties on Nazul lands can apply for conversion to freehold.

The Nazul estates which fall under this scheme include Karol Bagh, Jhandewalan, Paharganj, Darya Ganj, Sadar Bazar, Aliganj, Chirag, Naiwala, Jhilmil Tahirpur, Arakpur Bagh Mochi, Southern Ridge, a government release said.

Following directions from urban development minister M Venkaiah Naidu, DDA will facilitate the conversion against payment of about Rs 2 lakh per 100 square meter plot, depending on the number of years since the term leases have expired.
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