E - PAPER

CURRENT MONTH

LAST MONTH

VIEW ALL
  • HOME
  • NEWS ROOM
  • COVER STORY
  • INTERVIEWS
  • DRAWING BOARD
  • PROJECT WATCH
  • SPOTLIGHT
  • BUILDING BLOCKS
  • BRAND SYNC
  • VIDEOS
  • HAPPENINGS
  • E-MAGAZINE
  • EVENTS
search
  1. Home
  2. News/Views

DDA to Convert Leasehold Properties to Freehold within 2 Months

DDA to Convert Leasehold Properties to Freehold within 2 Months

BY Realty+
Published - Friday, 05 Aug, 2022
DDA to Convert Leasehold Properties to Freehold within 2 Months

Delhi’s Lieutenant Governor has directed the Delhi Development Authority (DDA) to ensure that the long pending conversion of properties from leasehold to freehold is carried out within two months.

DDA in its meeting chaired by LG VK Saxena, who is also Chairman, DDA, took major decisions that would make owning a house easier for the Economically Weaker Sections, promote green fuel in the city and ensure transparency in the allotment of land for religious purposes, amongst others.

DDA has now decided to make allotment of houses under EWS Category more accessible and easier. To facilitate applicants applying for DDA flats under the EWS category, the authority has approved doing away with the requirement of having annual individual income of less than Rs 3 lakh for the applicants/allottees.

To promote green fuel and fight the menace of air pollution, the authority granted approval to set up an Electric Vehicle charging station on already allotted sites of DDA for Petrol/Diesel Pump & CNG station. It has also decided to levy a lesser license fee for these fuel sites/stations.

To ensure transparency and efficiency in the disposal of religious category plots, the authority has approved disposal of such plots from allotment to auction mode. A decision in this regard has been pending since 2014.

The Plinth area rates (PAR) to be used for calculation of construction cost of flats for the Financial Years 2022-23 was also approved. The PAR for flats offered for the first time in DDA Housing Scheme 2019 and 2021 have been kept unchanged & the PAR used for old inventory flats has been increased by 5%. The last increase in these cases was made in the year 2018.

RELATED STORY VIEW MORE

Assetz Unveils 700+ Plots in a Landmark Plotted Development
Brigade Group Acquired Strategically Located 11-Acre Land In Whitefield
Co-Living in India To Grow Threefold By 2030

TOP STORY VIEW MORE

Muscat Grand Mall Announces “Little India" Cultural & Retail Hub

Muscat Grand Mall has announced the launch of “Little India”, that will serve as a strategic gateway for Indian brands entering the GCC market.

07 May, 2025

What Are The Major Changes In Labor Compliance In 2025?

07 May, 2025

Zara's Largest Store Worldwide in Antwerp's Meir Corner

07 May, 2025

NEWS LETTER

Subscribe for our news letter


E - PAPER


  • CURRENT MONTH

  • LAST MONTH

Subscribe To Realty+ online




Get connected with us on social networks!
ABOUT REALTY+

Started in 2004, Realty+, an exchange4media group publication is one of the most respected real estate magazines in India with offices in Delhi, Mumbai and Bengaluru.

Useful links

HOME

NEWS ROOM

COVER STORY

INTERVIEWS

DRAWING BOARD

PROJECT WATCH

SPOTLIGHT

BUILDING BLOCKS

BRAND SYNC

VIDEOS

HAPPENINGS

E-MAGAZINE

EVENTS

OTHER LINKS

TERMS AND CONDITIONS

PRIVACY-POLICY

COOKIE-POLICY

GDPR-COMPLIANCE

SITE MAP

REFUND POLICY

Contact

Mediasset Holdings 3'rd Floor, D-40, Sector-2, Noida (Uttar Pradesh), Pincode - 201301

tripti@exchange4media.com
realtyplus@exchange4media.com

+91 98200 10226


Copyright © 2024 Mediasset Holdings.
Rental Mobil bandung,Sewa Mobil Bandung, Rental bandung, Sewa Mobil, Jual Mesin Antrian, Harga Mesin Antrian, Mesin Antrian Murah, Jual KIOSK,Mesin Antri, Berita Terkini, Info Bray,Info Tempat Wisata,Portal Berita,Jasa Website