Telangana Reduces Property Regularisation Fee

Apart from offering a golden opportunity to regularise unauthorized layout and plots, the Telangana government has slashed the regularisation fee charges, providing the much-needed financial relief to these property owners. The State government had issued orders amending certain clauses in the ‘Telangana Regularisation of Unapproved and Illegal Layout Rules 2020’ with regard to rates of regularisation making them same as what was provided in the previous Land Regularisation Scheme (LRS) of 2015. As per the orders issued by Chief Secretary Somesh Kumar, the rules followed several requests made by the general public and public representatives that the regularisation charges specified in the ‘Telangana Regularisation of Unapproved and Illegal Layout Rules 2020’ were very high and requested the government to make them same as what was provided in the previous LRS scheme of 2015. Regularisation charges for market value of the plot as on August 26, 2020 (Sub Register Value) in rupees per square yard below 3000 will be 20 per cent, between 3001-5000 will be 30 per cent, between 5001-10,000 will be 40 per cent, between 10,001 to 20,000, it will be 50 per cent, between 20,001 to 30,000 will be 60 per cent, between 30,001-50,000 will be 80 per cent and above 50,000, it will be 100 per cent. Further the new orders substitutes rule 8(a) (ii) of the Telangana Regularisation of Unapproved and Illegal Layout Rules 2020 with the following: Pro-rata open spaces charges: If 10 per cent open space is not available in the unapproved layout, pro-rata open space charges at the rate of 14 per cent of the plot value prevailing as on the date of regularisation of such plot shall be paid. In rule 8 (a) of the Telangana Regularisation of Unapproved and Illegal Layout Rules 2020, following were added after Rule (8) (iii) as Rule 8 (a) (iv): the LRS regularisation charges includes NALA (Non-Agricultural Land Assessment) charges also and no separate NALA charges shall be paid. The CREDAI Telangana president G. Ram Reddy welcomed the move of the State government to reduce the regularisation fee and added, “This goes a long way in curbing the unauthorized layouts or plots. People will now be encouraged to regularise their layouts or plots by paying the requisite fee”. Apart from real estate organizations, even the general public and agents too have expressed happiness at the government orders.