The State Government is going to reduce property tax to half while making housing board houses freehold and to exempt the registration fee for land below 600 square feet, said Minister for Urban Administration Dr Shiv Kumar Daharia on Saturday.
Daharia while addressing a press conference here said in a bid to provide respite to the lower middle class category, the State government is going to make housing board houses in 166 urban bodies freehold for which the owners have paid all the premiums.
The persons who are residing in such houses for long would be the owner of those houses as lease on them would be removed, he said.
Daharia also announced that the State government is going to exempt registration fee on purchase of land below 600 Sqft. The registration fee for land above 600 Sqft would be nominal 1.1 per cent and whether it is a house or land, all will be made freehold, he announced.
Around five lakh people would be benefitted and most of them would be of lower and lower middle class, he said.
Daharia further informed that the process of reducing property tax to half was also under process and he had instructed the concerned officials to do preparation for the relaxation to be made.
He further assured that the Congress government in the state was determined in fulfilling the commitments made in the poll manifesto.