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Financial relief for owners without lease deeds in Jaipur, Real Estate News, ET RealEstate

Financial relief for owners without lease deeds in Jaipur, Real Estate News, ET RealEstate
JAIPUR: The state government has decided to provide financial relief to approximately 2.75 lakh plot/house owners living in regularised colonies in the city, but do not have lease deeds till date.

Decision has been taken to exempt fines and interest imposed on regularisation charges on owners who do not have lease deeds (patta) of their plots/houses.

These relaxations will be provided during the Prashasan Shehron Ke Sang Abhiyan 2021 (urban area services), organised by the government, in colonies developed before June 17, 1999.

The exemption order was issued by the urban development and housing (UDH) department on Thursday and the benefit will be available till March 2022.

According to a Jaipur Development Authority (JDA) official, such camps have been organised in the past to approve land holdings in colonies developed before June 17, 1999. However, many owners did not come forward to claim lease deeds due to various reasons, including financial ones.

“The decision will reduce the financial burden. As per the rule, an interest of up to 15% can be charged on regularisation fees,” he said. As per estimates, there are over 41,600 land owners without lease deeds in JDA areas alone.

But, the government has not given any exemption to land owners living in regularised colonies developed after June 17, 1999.


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Written by Realty Beat

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