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State Extends Amnesty Scheme
Hindustan Times Navi Mumbai
|February 05, 2025
Last Year, 12,436 Used Scheme to Convert Leased Govt Land into Freehold Land
MUMBAI: The state cabinet on Tuesday extended by one year the amnesty scheme for conversion of government land given on lease to freehold (ownership) property at a concessional premium ready reckoner rate.
A ready reckoner rate is the minimum price a state government sets for a property in a specific area.
The government had leased out land for agriculture, non-agriculture, residential, commercial and industrial purposes decades ago.
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