#55
Freehold Of Resettlement Colonies
The Aam Aadmi Party proposes a simple solution of conferring freehold rights to resettlement colonies. Original allottees will receive ownership of their plots for just Rs. 10,000. Those who are not original allottees will get the ownership rights of their plots for less than Rs. 50,000 depending on their plot size. The cumbersome multi-page form will be simplified and condensed into a single page form.
Project Updates

Major reduction in charges for freehold rights in JJ and resettlement colonies : The cabinet approved the proposal to drastically reduce the rates for freehold rights of JJ and resettlement colonies. It has been decided that for original allottees the new rates will be Rs 500 per square meter. For those who have bought properties from original allottees and subsequent buyers, the rates will be Rs 2,000 per square meter. Earlier rates were 30% of the circle rates before 2007 and after 2007 the rates were hiked to 100% of the circle rates. The cabinet decision is fulfillment of the promise made by the government to the residents of these colonies and it will help atleast 60,000 households.

Proof

The Delhi government has decided to significantly decrease the rates for freehold rights of JJ and resettlement colonies in the freehold policy. For original allottees, the new rates will be Rs 500 per square meter, and for subsequent buyers the rates will be Rs 2,000 per square meter. The cut-off date for unauthorized colonies has been kept at January 1. 2015. An official of the Delhi government has said that the cabinet decision will help atleast 60,000 families.

Proof