Property conversion fee slashed by 50 per cent in this state

The Haryana cabinet on Friday approved the amendment in the policy parameters for conversion of residential plots for commercial use and regularization of illegal conversions in rehabilitation, town planning and improvement trust schemes located within municipal limit.

Under the Amendment, the conversion charges or fee has been reduced to 50 per cent, a state government spokesman said here.

"For Municipal Corporation Gurugram and Faridabad for regularization of existing building, the conversion charges or fee has been reduced from Rs 15,325 per square meter to Rs 7,662 per square meter and for fresh conversation from Rs 14,000 to Rs 7000 per square meter. 

"In other Municipal Corporation areas, the charges or fee per square meters for regularization of existing building reduced from Rs 12,180 to Rs 6,090 and for fresh conversation from Rs 11,000 to Rs 5,500," the spokesman said.

In Municipal Council areas, the charges or fee per square meters for regularization of existing building reduced from Rs 10,608 to Rs 5,304 and for fresh conversation from Rs 9000 to Rs 4500".

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In other Municipal Committees areas, the charges or fee per square meters for regularization of existing building reduced from Rs 9,316 to Rs 4,658 and for fresh conversation from Rs 8,000 to Rs 4,000, the spokesman said.

"It has also been decided that extension of three months from date of issuance of order time limit has also been provided so that the people can apply for conversion/regularization under the policy," the spokesman added.