DDA relaxes conversion norms

Delhi/NCR
In a major relief to property owners in the city, DDA has further liberalized the conversion norms. As per the new rules, even properties without a sanctioned building plan can be converted from leasehold to freehold.

Earlier, DDA considered only those properties for conversion which had a sanctioned building plan.

Those without a sanctioned building plan will have to submit an affidavit stating that a sanctioned building plan is not available, a copy of the building plan—as per building bylaws—from a registered architect and a copy of the house tax assessment order or electricity connection order.

“The building plan should have all the necessary information on floor area ratio, number of permissible floors, number of actual floors, actual plinth area constructed at the site, etc. The property owner should also submit a photograph of the property,” said a DDA official.

In case documents submitted by the property owner are found incorrect, then DDA can cancel the conveyance deed without any notice.

Source:http://content.magicbricks.com/industry-news/delhi-ncr-real-estate-news/dda-relaxes-conversion-norms/75934.html