Monday, August 23, 2021

LRS - Land Regularization Scheme

 


The full form of LRS is Layout Regularisation Scheme. Under this scheme, all illegal layouts or plots registered under municipal area can be regularized in Telangana. However, this regularisation is only for plots or layouts which are sold via sale deed prior March 3, 2018. By unapproved layout or plot, I mean properties who dont have permissions from the respective authorities such as HMDA, GHMC and DTCP.

Documents that are required for LRS in Telangana are:
1] Sale deed
2] Occupancy certificate
3] Building approval plan
4] Khata number
5] Conversion certificate
6] Commencement certificate

Whats the latest update:

Of late, the state government has rolled out the latest guidelines for LRS scheme towards legalising of open plots in unapproved layouts. All unauthorized layouts/plots which are registered through sale deed before August 26, 2020, are eligible for the regularisation after paying the penalty. The last date for filing applications to get LRS is October 15. The government has decided to collect Rs 1,000 from individual applicants and Rs 10,000 from developers as a registration fee. According to the new guidelines, if the owners fail to regularise their plots, then they wont get building permits and wont be able to register their property. The new policies are applicable in HMDA and other urban development authorities, municipal corporations and panchayats.

Concern over inflated LRSprices:

Many buyers or owners have claimed that the government is charging an exorbitant amount for registering the plot. Experts believe that inflated prices are expected to impact the lower-income and middle-class families. Apart from the registration fee, the applicants will have to pay basic regularisation charges to obtain LRS clearance such as:

1] Rs. 200 per square metre for plot area of less than 100 square
2] Rs 400 for area of 101 to 300 square metre
3] Rs 600 for area of 301 to 500 square metre
4] Rs 750 for area above 500 square metre

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