The state government has earned Rs 640 crore from conversion of Class II occupancy land to freehold land in the last five years. Learn more about the conversion process and the demand for reduction in premium.
Self-redevelopment: A deemed conveyance is a legal document that transfers ownership of land from a developer to a cooperative housing society, allowing it to develop the property further.
On Wednesday, Shinde had presided over a meeting to discuss the redevelopment of the government colony. At the meeting, Shinde had directed officials to ascertain the development potential of the slum area and submit a detailed redevelopment plan.
According to residents, other than fulfilling 90% backward class membership in the existing buildings, the new GR issued by the social justice department of the state government also mandates 20% membership of OBCs in the new additional component of flats to be built as part of redevelopment.
The Federation of Grantees of Government Land (FGGL) has decided to appeal to all activists and voters to press the None Of The Above (NOTA) button in the next BMC elections.