Recently issued GR will be applicable for licensee Galedharaks: DCM Fadnavis
   Date :20-Nov-2023

DCM Fadnavis 
Business Reporter
A delegation of CAMIT led by its President Dr Dipen Agrawal, in presence of MLA Krishna Khopde met Deputy Chief Minister (DCM) Devendra Fadnavis and expressed gratitude on behalf of business community for notifying Maharashtra Municipal Corporations (Transfer of Immovable Property by Lease and Renewal of Lease) Rules, 2023, resolving the issue of exorbitant increase in lease rent by municipal corporations. Dr Dipen Agrawal submited a memorandum and appraised Fadnavis that on Government directions in 2019, municipal corporations across the State increased the lease rent to 8 per cent of property value for leaseholders and licensee ‘Galedharaks’. State Government stayed the effect of the 2019 GR and after review new rules have been notified for commercial and industrial purpose has been notified with a cap that increase cannot be more than twice the lease rent applicable in 2019.
MLA Krishna Khopde and Dr Dipen Agrawal jointly informed DCM Devendra Fadnavis that leaseholders even after enjoying greater benefits would be paying less rent whereas the licensee ‘Galedharaks’ enjoying lesser benefits as compared to leaseholder would be paying higher rent (about 4% in Nagpur and about 8% in other corporations). They requested DCM to intervene and notify that the GR dated November 6, 2023 apply mutatis mutandis to licensee ‘Galedharaks’ or alternatively notify similar rules for licensee ‘Galedharaks’ of municipal corporations in the State, said Dr Dipen Agrawal. DCM Fadnavis assured that the recently issued GR will be applicable for leasehold and licensee ‘Galedharaks’ and assured that his Government was working on it.