The Hindu 09.04.2013
DDA clarifies on liberalised conversion policy
From September 2, 2001, to October 10, 2011, conversion date will be only on the basis of registered GPA, AS.
The Delhi Development Authority on Monday clarified
certain doubts that citizens had regarding the liberalised policy of
conversion, announced this past week by the Union Ministry of Urban
Development, that will spell relief for people who sold/purchased their
DDA flats on freehold basis using General Power of Attorney (GPA) and
Agreement to Sell (AS).
The DDA said the execution of
Conveyance Deed of flats disposed of on freehold basis from April 1,
1992, onwards will be allowed by DDA on the basis of un-registered GPA
and AS executed during the period from April 1, 1992, to September 23,
2001.
From September 2, 2001, until October 10, 2011,
the date of conversion will be allowed only on the basis of registered
General Power of Attorney and Agreement to Sell. However, in both such
conversions, surcharge of 66.66 per cent, in addition to conversion
charges as applicable on the date of submission of application, will be
charged.
In case of flats initially allotted on
hire-purchase basis from April 1, 1992, conversion into
freehold/execution of Conveyance Deed will be allowed on the above given
terms and conditions only if the applicant clears all dues such as
instalments, interest charges and penalty, if any.
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 AS basis.
“There
are thousands of cases of this nature pending with DDA as conversion
for flats disposed of on free-hold basis was not being allowed. All
these allottees will now, with the announcement of liberalisation of
policy, be able to get flats converted in the name of GPA and AS holders
but from 2001 such GPA and AS have to be registered. This has been
necessitated as orders in this direction have been issued by the Delhi
Government,” a DDA statement said.
The housing agency
said the application brochure which the applicants can use has not been
changed from the past as there is no change in the conversion scheme,
except that it has been further liberalised facilitating conversion of
flats allotted on freehold basis.
The applicants can
find all details of the policy and conversion charges and surcharge on
conversion charges in the brochure. The applicants can also apply online
on the DDA website and the details of the procedure for online
submission of application have also been provided there. Those seeking
further clarification can approach the Director [Housing]-I, who sits in
Vikas Sadan, DDA said.
