Rajasthan government finalises rates for issuing lease deeds
Real Estate

Rajasthan government finalises rates for issuing lease deeds

The Rajasthan government has decided the rates for issuing lease deeds during the Prashasan Shehron Ke Sang Abhiyan 2021.

To acquire the lease deeds of plots located in old inhabited areas, the residents have to pay between Rs 10 and Rs 50.

Likewise, the plots produced on the land of erstwhile royal families will be regularised after paying a fee between Rs 50 and Rs 150.

An official told the media that regulation rates have been set for the people living in the Walled City areas before 2nd October 1959. Residential and mixed lease deeds will be given to plot owners at Rs 501. Commercial, institutional and hotel land will be regularised for Rs 10 per sq m. Building owners coming under the category will have to pay a minimum of Rs 5,000 for obtaining a lease.

The rates to issue lease deeds to people living in plots outside the Walled City area before October 2, 1959, have also been finalised. Under this category, institutional, residential, and mixed land use lease deeds will be given to original allottees at the rate of Rs 10 per sq m. The total fee total for issuing a lease will be Rs 5,000. The other stakeholder will obtain lease deeds after paying Rs 20 per sq m instead of the original allottee. The total fee for giving a lease will be Rs 10,000.

The government has also fixed a price cap for the lease. For issuing the lease deeds on residential, institutional and mixed land plots, the local body can charge a maximum of Rs 5 lakh. Similarly, the maximum price for releasing a commercial lease deed is Rs 10 lakh.

Image Source

The Rajasthan government has decided the rates for issuing lease deeds during the Prashasan Shehron Ke Sang Abhiyan 2021. To acquire the lease deeds of plots located in old inhabited areas, the residents have to pay between Rs 10 and Rs 50. Likewise, the plots produced on the land of erstwhile royal families will be regularised after paying a fee between Rs 50 and Rs 150. An official told the media that regulation rates have been set for the people living in the Walled City areas before 2nd October 1959. Residential and mixed lease deeds will be given to plot owners at Rs 501. Commercial, institutional and hotel land will be regularised for Rs 10 per sq m. Building owners coming under the category will have to pay a minimum of Rs 5,000 for obtaining a lease. The rates to issue lease deeds to people living in plots outside the Walled City area before October 2, 1959, have also been finalised. Under this category, institutional, residential, and mixed land use lease deeds will be given to original allottees at the rate of Rs 10 per sq m. The total fee total for issuing a lease will be Rs 5,000. The other stakeholder will obtain lease deeds after paying Rs 20 per sq m instead of the original allottee. The total fee for giving a lease will be Rs 10,000. The government has also fixed a price cap for the lease. For issuing the lease deeds on residential, institutional and mixed land plots, the local body can charge a maximum of Rs 5 lakh. Similarly, the maximum price for releasing a commercial lease deed is Rs 10 lakh. Image Source

Next Story
Infrastructure Urban

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's  fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building  (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous  Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in  Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant  advancement in the company's commitment to engineered performance, manu..

Next Story
Infrastructure Urban

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Next Story
Infrastructure Urban

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App