LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Megha   26 October 2023

Does conversion to free hold happen first or substitution? l&do charge calculation

Do we do lease hold to free hold conversion first or substitution of a property.

Also the house is 181 sq meters-> This is the formula that L&DO uses - I dont know how to use the formula.

Above 150 and Conversion charges applicable to---> (7.5 X R) Plus Up to 250 150 sq.meters plus 10% of [0.1 X R (P-150)]



Learning

 1 Replies

T. Kalaiselvan, Advocate (Advocate)     27 October 2023

As ar as the property is concerned you may have to first get it converted to freehold from leasehold before going for mutation or any other steps towards this property.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register