The Format Regularisation Scheme (LRS) introduced by the State authorities has obtained greater than a lakh purposes as on September 14, from throughout the State.
The purposes are rising by a number of hundreds day-after-day, as evidenced from the official information.
The quantity which stood at 82,584 on Sunday, rose to 1,08,505 on Monday, garnering a complete advance quantity of ₹11 crore. Of the full, 36,740 purposes have been obtained from panchayats, whereas municipalities obtained 45,449 purposes, and firms, together with GHMC, a complete of 26,316 purposes.
The LRS was introduced on September 1, with the lower off date of August 26 by when the plot in query ought to have been registered. The deadline for submission of utility is October 15.
As per the federal government orders, the fundamental regularisation expenses varies between ₹200 per sq. metre and ₹750 per sq. metre, primarily based on the scale of the plot. Additional, if the market worth of land is under ₹3,000 per sq. yard, solely 25% of the fundamental regularisation expenses can be levied as LRS price. The price can be 50% of the fees if market worth hovers between ₹3,001and ₹5,000, and 75% whether it is between ₹5,000 and ₹10,000.
Above 10,000, the price can be 100% of the fundamental regularisation expenses.
For slums, an equal charge or ₹5 per sq. metre has been determined regardless of the land worth and plot space.
Officers attribute the bizarre response to the scheme to the concern amongst public that their plots wouldn’t fetch any consumers. As per the latest memo issued by the Stamps & Registrations Division, registration of plots won’t be allowed in unapproved layouts. Even for acquiring constructing permissions within the plots, LRS clearance is obligatory.