CHANDIGARH: In a decision that would benefit thousands of owners of residential units which have come up in unauthorized colonies falling in the areas of civic bodies and improvement trusts, the Haryana cabinet on Friday approved the reduction of rates of conversion charges by the half.This has been done after bringing an amendment in the policy parameters for conversion of residential plots for commercial use and regularization of illegal conversions in rehabilitation falling under ‘Town Planning and Improvement Trust Schemes’ located within municipal limit.In Gurgaon Municipal Corporation and Faridabad Municipal Corporation for regularization of existing building, the conversion charges or fee has been reduced from Rs 15,325 per square meter to Rs 7,662 per square meter and for fresh conversation from Rs 14,000 to Rs 7000 per square meter. In other municipal corporations, the charges or fee per square meters for regularization of existing building has been reduced from Rs 12,180 to Rs 6090 and for fresh conversation from Rs 11,000 to Rs 5,500.In municipal council areas, the charges or fee per square meters for regularization of existing building has been reduced from Rs 10,608 to Rs 5,304 and for fresh conversation from Rs 9,000 to Rs 4,500. In municipal committees, the charges or fee per square meters for regularization of existing building has been cut from Rs 9,316 to Rs 4,658 and for fresh conversation from Rs 8,000 to Rs 4,000. In addition, extension of three months from date of issuance of order time limit has also been provided so that the people can apply for conversion/regularization under the policy.

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