Published On : Wed, Feb 13th, 2019

VTA hails decision of State Govt on Nazul Plots

Appreciating fulfillment of promise by Chief Minister Devendra Fadnavis, Vidarbha Taxpayers Association (VTA) welcomed decision of State Government on Nazul Plots in Maharashtra.

VTA delegation in December 2015 had submitted memorandum to Chief Minister, wherein specific demand to convert Nazul Lands to Freehold was submitted and it conversion on payment of fees / premium was also suggested. During this meeting CM Devendra Fadnavis had categorically agreed to take appropriate step in this regards and has also submitted that this will take some time so that all related issues are sorted out in one go.

J. P. Sharma – President of VTA said, we are extremely thankful to Chief Minister Devendra Fadnavis and his Cabinet for fulfilling this decades old demand of the region, which will bring much relief to the Nazul Land holders specially in Vidarbha as considerable number of Nazul Plots are situated in our region.

Tejinder Singh Renu – Secretary of VTA said, our entire State should be proud of our Chief Minister who delivers what he promises. With conversion of Nazul Plots to Freehold on payment of premium of 5% of Ready Reckoner Value in case of residential plot and 10% for commercial is absolutely wonderful step, this will even reduce many NOCs required from Revenue Department for development, sale or mortgage of such lands.

VTA had even highlighted that as comparison to the revenue generated out of Ground Rent on Nazul Plots was much poor as compared to the Administrative expenditure required to maintain such plots. This decision will generate much required revenue for the state exchequer and simultaneously it will relax burden on Revenue Department which will now give them extra time to focus of other important areas of citizens’ convenience.

Vidarbha Taxpayers Association (VTA) wholeheartedly welcomed this decision by the Devendra Fadnavis government which is in public interest and also submitted gratitude to Chief Minister Devendra Fadnavis on behalf of VTA as well as citizens of the region.