Govt to Restore DDA Properties from Leasehold to Freehold Soon
File Photo NEW DELHI: The government is set to finalize the conversion rates for registration charges, facilitating the resumption of converting properties from leasehold to freehold in the national capital, Union Minister Manohar Lal announced on Tuesday. Changing a leasehold property to freehold means transitioning its ownership from rental to full ownership. Since January this year, the conversion process for Delhi Development Authority (DDA) properties has been on pause due to the new circle rates adopted by the Delhi government. “We will present a proposal to the cabinet for the approval of conversion charges for DDA and L&DO properties; the…