Haryana government to sell rented, leased properties
Real Estate

Haryana government to sell rented, leased properties

The Haryana government has announced 'The Haryana Disposal of Rented Government Properties Policy 2023' for selling government departments, boards, corporations, and authorities' properties (shops/houses) that have been rented out or leased for at least 20 years to individuals or private entities.

The policy will only be applicable to "property parcels" up to 100 square yards per beneficiary/per land parcel for all such properties that had been leased or rented before June 1, 2001, according to Haryana Chief Secretary Sanjeev Kaushal.

Kaushal added that the policy would not be applicable on land of departments of tourism, transport and health and family welfare. It will also not be applicable on shamlat lands, panchayat lands, panchayat samiti and zila parishad lands.

According to the rules, those having possession of property for a period exceeding 20 years but less than 25 years will be charged 80 per cent of the circle rate. Those having property possession for 30 years or more but less than 35 years will be charged 75 per cent of circle rate; those with possession of 35 years or more but less than 40 years will have to pay 65 per cent; for 40 years or more but less than 45 years will be charged 60 per cent of the circle rate; and for 45 years or more but less than 50 years, they will be charged 55 per cent. Those who have possession for a period of 50 years will have to pay 50 per cent of the circle rate.

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The Haryana government has announced 'The Haryana Disposal of Rented Government Properties Policy 2023' for selling government departments, boards, corporations, and authorities' properties (shops/houses) that have been rented out or leased for at least 20 years to individuals or private entities. The policy will only be applicable to property parcels up to 100 square yards per beneficiary/per land parcel for all such properties that had been leased or rented before June 1, 2001, according to Haryana Chief Secretary Sanjeev Kaushal. Kaushal added that the policy would not be applicable on land of departments of tourism, transport and health and family welfare. It will also not be applicable on shamlat lands, panchayat lands, panchayat samiti and zila parishad lands. According to the rules, those having possession of property for a period exceeding 20 years but less than 25 years will be charged 80 per cent of the circle rate. Those having property possession for 30 years or more but less than 35 years will be charged 75 per cent of circle rate; those with possession of 35 years or more but less than 40 years will have to pay 65 per cent; for 40 years or more but less than 45 years will be charged 60 per cent of the circle rate; and for 45 years or more but less than 50 years, they will be charged 55 per cent. Those who have possession for a period of 50 years will have to pay 50 per cent of the circle rate. Also Read MahaRERA extends deadline for completion of 8 projects in MumbaiGovt planning to set up panel to work on model builder-buyer agreement

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