Main
DDA slashes charges for property misuse

The Delhi Development Authority has decided to revise its property misuse policy to encourage people to get their property converted from leasehold to freehold.
The land owning agency has decided to regularise misuse charges on a slab-based system. The duration for computing charges will be counted from the date of detection of misuse by the land owning agency, according to report in the media.
Officials said the decision was taken as few people had come forward to get their property converted from leasehold to freehold since the launch of the scheme in 1992. “In some cases, misuse charges were turning up to be more than the property’ cost,” said Balvinder Kumar, Vice-Chairman of DDA.
Officials admit there are several properties where people have violated the use of property clause.
News3 weeks agoUnity Group Launches Unity One Elegante Mall at Netaji Subhash Place, Delhi
News2 days agoMumbai Returns to Pre-Pandemic Investment Levels, Surpasses $1 Billion 4th Consecutive Year: Cushman & Wakefield
News3 days agoGurugram Premium Segment Drives Projected Rs 6.65 Lakh Crore Market: ANAROCK
News2 days agoAdani Cement and Coolbrook to Deploy World’s First Commercial Rotodynamic Heater for Cement Decarbonisation
News3 days agoTIL Ltd Reports Q2 FY26 Results with Enhanced Order Book Position, Strong Execution Momentum
News2 days agoRobust Demand & New Launches Propel Sri Lotus Developers’ Strong Q2 FY26 Results
News3 weeks agoSerene Communities Announces ₹400 Crore Investment to Bring Integrated Senior Living to Hyderabad
News2 days agoUP RERA Approves 6 Real Estate Projects with Investment Worth ₹864 Crore in 5 Districts

















