Wednesday, November 6, 2024
HomeNewsReal Estate8% rise in charges for property rights in illegal colonies-DDA

8% rise in charges for property rights in illegal colonies-DDA

If the application was filed before April 1, 2022, for instance, then for a 100sqm property in an unauthorised colony falling in 'G' category on government land, the applicant had to deposit charges of Rs 5,775.

Delhi Development Authority (DDA) has recently issued a gazette notification approving an 8% annual increase in charges for obtaining property rights in unauthorised colonies under Pradhan Mantri-Unauthorised Colony in Delhi Awas Adhikar Yojana (PM-Uday scheme).

The revised charges will be in effect from April 1, 2022. “In exercise of the powers conferred by Section 57 of Delhi Development Act, 1957 (61 of 1957), DDA with the previous approval of the central government amended National Capital Territory of Delhi (Recognition of Property Rights of Residents in Unauthorised Colonies) Regulations, 2019. While the charges approved initially shall be valid till March 31, 2022, these shall be enhanced every year by 8%,” stated the gazette notification.

If the application was filed before April 1, 2022, for instance, then for a 100sqm property in an unauthorised colony falling in ‘G’ category on government land, the applicant had to deposit charges of Rs 5,775. “If the application has been filed after March 31, 2022, but before the 1st day of April 2023, then the applicant has to deposit Rs 5,775 + 8% (Rs 462) in the same category. If the application was filed after March 31, 2023, but before April 1, 2024, then charges will be Rs 5,775 + Rs 924, totalling to Rs 6,699,”. Charges under various categories have been posted on PM-Uday portal.

The scheme was launched in October 2019 to confer ownership rights to properties in 1,731 illegal colonies. To allow registration of these properties, NCT of Delhi (Recognition of Property Rights of Residents in Unauthorised Colonies) Act, 2019 came into effect on December 12, 2019. Launched to benefit 40 lakh people in unauthorised colonies, the scheme has provided ownership rights to only 12,500 owners till February 2022.

RELATED ARTICLES

Most Popular

Hot News