Haryana Real estate
Img : hindustantimes

The Manohar lal Khattar-led Haryana Government sanctioned deduction of rates for conversion 50% in illegal colonies. This decision came as a relief to the residents of the unauthorized colonies that fall under the jurisdiction of civic bodies and improvement trusts.

An amendment was made in the policy for the conversion of residential plots into commercial use and the regularization of illegal conversions in rehabilitation that fall under Town Planning and Improvement Trust Schemes that are located in the areas.

The conversion fee is decreased from Rs. 15,325 per square meter to Rs. 7,662 per square meter and Rs. 14,000 to Rs. 7000 per square meter for fresh conversion in both the Gurgaon Municipal Corporation and Faridabad Municipal Corporation. These charges are applicable for the regularization of the present buildings.

Apart from this, the conversion charge to regularize the current buildings falling under other corporations the rate is reduced from Rs. 12,180 to Rs. 6090 and Rs. 11,000 to Rs. 5,500 for fresh conversion.

The conversion charges for regularizing current buildings in the municipality council areas the rates have been deducted from Rs. 10,608 to Rs. 5,304 and Rs. 9,000 to Rs. 4,500 for the fresh conversion. On the other hand, the charges to regularize the existing buildings under the municipal committee the rates are cut Rs. 9,316 to Rs. 4,658 and from Rs. 8,000 to Rs. 4,000 for fresh conversion.

The Government gave three months extension period from the date of issuance of the order to make it easier for the people to apply for conversion/regularization under the policy.