Saturday, December 7, 2024
HomeNewsIndustry NewsTelangana to collect layout regularisation fee based on land value

Telangana to collect layout regularisation fee based on land value

In a decision which may go in favour of TRS in the ensuing polls to GHMC and two other municipal corporations, the government has decided to collect unauthorised layout regularisation fee based on land value on the day of property registration.

Municipal administration minister KT Rama Rao  informed the assembly the state government decided to collect regularisation fee based on the land value at the time of registration of the plot by the applicant instead of the current registration value. It might come as a boon to thousands of poor and middle class families who purchased plots several years ago and have to get them regularised now.

The GO 131 on LRS would be amended and a revised order will be issued on Thursday, KTR said. It would be on the lines of LRS GO issued in 2015 and the revised charges might be 14% of plot value.

This decision might go in favour of ruling TRS in the ensuing elections to GHMC, Greater Warangal and Khammam municipal corporations. People were seeking reduction of regularisation charges under LRS.

Even TRS, Congress, BJP and other parties’ MLAs and MLCs urged the government to cut the fee. “CM K Chandrasekhar Rao has never looked back when the matter pertained to welfare of the poor and middle classes. The fresh decision will ease burden on middle class sections while regularising their land,” KTR said.

Sourceetrealty
RELATED ARTICLES

Most Popular

Hot News