[ecis2016.org] The DDA has approved a proposal to change the mode of allotment of lands in socio-cultural and religious categories, from direct allotment to auction mode
The Delhi Development Authority (DDA), on September 16, 2019, approved changing the mode of allotment of lands in socio-cultural and religious categories, from direct allotment to auction mode. The approved proposal will now be sent to the Ministry of Housing and Urban Affairs for amendment in Nazul Rule 1981, the DDA said in a statement.
You are reading: DDA approves allotment of land for socio-cultural, religious categories via auction mode
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“To participate in the auction under socio-cultural category, an organisation should be running a reputed socio-cultural institution for the last five years. Similar experience is required to be qualified under religious category,” the DDA said. The maximum size of plot will be 1,000 sq m for socio-cultural category, while it is 400 sq m for religious category, it added.
Also, to ensure ease of doing business, the authority also approved amalgamation charges for commercial properties at 10% of the circle rates applicable at the time of submission of request for amalgamation. It will apply on the total area of the plot. In the erstwhile policy, the value of 10% of the market value of the plot and market value of the extra floor generated was worked out separately and greater of the two was charged towards amalgamated fee, the DDA said.
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The DDA also approved the removal of the embargo for execution of conveyance deed for a period of five years, for allottees of 770 EWS flats at Shivaji Marg under DDA Housing Scheme 2014. Earlier, there was an embargo of five years for executing conveyance deed.
Source: https://ecis2016.org/.
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Source: https://ecis2016.org
Category: Lifestyle
