Odisha Govt Reduces Leasehold Land Conversion Fee from 10% to 3 %
Bhubaneswar: The State Cabinet led by Chief Minister Naveen Patnaik on Monday approved a proposal of the Revenue and Disaster Management Department to amend the Odisha Government Land Settlement Rules, 1983 to reduce the conversion fee for conversion of leasehold land of OSHB or a Development Authority to freehold land. The conversion fee of land [...]
Bhubaneswar: The State Cabinet led by Chief Minister Naveen Patnaik on Monday approved a proposal of the Revenue and Disaster Management Department to amend the Odisha Government Land Settlement Rules, 1983 to reduce the conversion fee for conversion of leasehold land of OSHB or a Development Authority to freehold land.
The conversion fee of land for residential purposes has been reduced from the existing 10 % of the prevailing market value of the land to 3 % of the valuation of land fixed under the guidelines prescribed under the Odisha Stamp Rules, 1952 for a Gharabari kisam of land situated in the vicinity, according to an official release.
The proposed amendment shall reduce the financial burden on OSHB and the Development Authorities for conversion of leasehold land into freehold which benefit will ultimately pass on to the persons who have purchased land from the OSHB or the Development Authority, as the case may be, for residential purposes.
State Cabinet Approves Odisha Procurement Preference Policy for MSME 2023
Next Articleପ୍ରଥମ ବିଶ୍ୱ ଓଡ଼ିଆ ଭାଷା ସମ୍ମିଳନୀ ପାଇଁ ବିଭିନ୍ନ ପ୍ରାସଙ୍ଗିକ ବିଷୟବସ୍ତୁ ଉପରେ ବିଚାରବିମର୍ଶ
Related Articles
Odisha Govt Transfers 4 IPS Officers
Bhubaneswar: The Odisha government on Tuesday transferred four IPS officers across the state. According to an official notification issued by the Home Department, Dr. Saravana Vivek M., currently SP of Brahmapur, has been posted as Deputy Commissioner of Police (DCP), Bhubaneswar. He will take charge against Jagmohan Meena, who is to be relieved. Abhinav Sonkar, [...]
Odisha Final Electoral Roll Published With 3.16 Crore Electors
Bhubaneswar: Odisha’s electoral roll revision process has concluded with the publication of the Final Electoral Roll 2026 on Monday, recording 3,16,32,754 electors across the state, the Chief Electoral Officer’s (CEO) office said. The revision was carried out with July 1, 2026, as the qualifying date. The draft electoral roll, published on July 5, had listed [...]
Ganjam Steps Up Preparedness as Deep Depression Threatens Heavy Rainfall; Red Warning for Sept 23-24
Ganjam Steps Up Preparedness as Deep Depression Threatens Heavy Rainfall; Red Warning for Sept 23-24
Chatrapur: The Ganjam district administration has intensified its preparedness measures as a deep depression over the Bay of Bengal is likely to move close to the district, bringing the possibility of heavy rainfall and strong winds. An Orange Warning is currently in force, while a Red Warning has been issued for September 23 and 24. [...]