Govt to Allow Conversion of Leasehold Land to Freehold at 25% Above Ready Reckoner Rate

The Maharashtra government has issued a final notification allowing leasehold and Occupancy Class II lands to be converted to freehold upon payment of a premium of up to 25% of the Ready Reckoner rate. The revised premium rates, applicable until December 31, 2025, aim to grant full ownership rights to individuals, housing societies, and industries.

Shah Rukh Khan Seeks Rs 9 Crore Refund from Maharashtra Government for ‘Mannat’ Land

Shah Rukh Khan and Gauri Khan are set to receive a refund from the Maharashtra government after an “unintentional error” in the calculation of fees for converting their iconic residence, ‘Mannat’, into freehold ownership. The couple is seeking a refund of approximately Rs 9 crore, based on reports.