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StatesPosted at: Nov 22 2017 8:29PM


Haryana Cabinet made amendment in Municipal Corporation Act

Chandigarh, Nov 22 (UNI) Haryana Cabinet on Wednesday made amendment in section 164(c) of the Municipal Corporation Act, 1994 to transfer municipal corporation immovable properties to individuals, who are in possession of shops or houses of upto 1,000 square feet.
The amendment in Section 164(c) states, “The consideration for which any immovable property may be sold, leased or otherwise transferred would not be less than value at which such immovable property could be sold, leased or otherwise transferred in normal and fair competition.”
The Government, for last many years, was considering that the Municipal Corporations immovable properties allotted to individuals on lease, rent from last many years from which Municipal Corporations are not earning much revenue and also not able to get it evacuated, may be sold to the occupiers, so that the Municipal Corporation may earn some revenue out of it and also the occupiers may get ownership of the property. The Government has also received several requests from many such occupiers to allot the properties to them as they are paying nominal rent from last several years.
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