The Indian Express 09.04.2013
DDA opens a window to freehold for pre-2001 flats
Delhi Development Authority (DDA) flat owners, who had been allotted
flats from April 1992 to September 23, 2001, will now be allowed to
apply for conversion to freehold, based on un-registered General Power
of Attorney (GPA) and agreement to sell, under a liberalised policy for
conversion recently announced by the Ministry of Urban Development.
According to DDA, conversion to freehold for flats allotted
between September 24, 2001 and October 10, 2011, will be allowed on
registered GPA and agreement to sell. “According to a Supreme Court
judgment dated October 11, 2011, conversion will not be allowed based on
GPA,” a DDA official said.
“In both such conversions, an additional charge, apart from
conversion charges, will be levied. In case of flats initially allotted
on higher purchase basis from April 1992, conversion to freehold will be
allowed on the above terms and conditions only if the applicant clears
all dues, such as instalments, interest charges, penalty, if any,” DDA
spokesperson Neemo Dhar said.
DDA claims it has been receiving several queries from people,
regarding the liberalisation of policy for conversion on the basis of
GPA and agreement to sell, announced by Ministry of Urban Development
last week.
From 1992 onwards, DDA had allotted flats on freehold basis, but
before execution of the conveyance deed in the name of the original
allottee, many allottees had sold these flats on GPA and agreement to
sell basis. “There are thousands of such cases pending with DDA as
conversion for flats disposed of on freehold basis was not being
allowed. All these allottees will now be able to get flats converted in
the name of GPA and agreement to sell. But from 2001, GPA and agreement
to sell had to be registered. This has been necessitated, as orders were
issued by Delhi government,” a DDA official said.
The application brochure, with details of the policy and conversion
charges and surcharge on conversion charges, are available at DDA office
— Vikas Sadan. Applicants can also apply online, officials said.
LIBERALISED
1. The liberalised policy for conversion, announced by the Urban Development Ministry last week, is being implemented by the DDA
2. For flats allotted between April 1992 and September 23, 2001,
owners can apply for freehold conversion based on unregistered General
Power of Attorney (GPA) and agreement to sell
3. For flats allotted from September 24, 2001 to October 10, 2011,
freehold conversion will be allowed based on registered GPA and
agreement to sell
4. For conversion to freehold based in the above two categories,
an additional charge, apart from conversion charges, will be levied
5. For flats allotted on or after October 11, 2011, freehold
conversion will not be allowed based on GPA, according to a Supreme
Court order
6. In case of flats initially allotted on higher purchase basis
from April 1992, conversion to freehold will be allowed on the above
terms and conditions only if the applicant clears all dues, such as
instalments, interest charges, penalty, if any.
