Haryana chief minister (CM) Manohar Lal Khattar announced that people, who have shops or houses on lease or rent from the municipalities for over 20 years, can become owners of the property by paying a price below the collector rate.
He also said that for this, a scheme, which will be applicable for urban areas, will be notified on Monday. Collector or circle rate is the minimum designated price for land or property fixed for a locality, at which transactions have to be registered.
“We have formulated a scheme under which those who are in possession of such properties, be it houses or shops, for more than 20 years, all such will be given ownership rights,” Khattar said while addressing a virtual news conference.
“Once the eligible people apply, they will be given relaxation in collector rate—if they are in possession of the property for more than 50 years, they will get a rebate of 50% on collector rate,” he said.
Khattar said that the authorities will issue a notice of the amount to be paid within 15 days to the applicants who are found eligible by the competent authority. Within 15 days from the date of issue of notice, 25% of the total fixed amount will have to be deposited to the concerned municipality and the remaining 75% will have to be deposited in the next three months.
