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Conversion of leasehold properties over internet soon: Kamal Nath

Comments(2) Sub Category:Delhi-NCR,Realty News Posted On: Aug 23, 2012

Urban Development Minister Kamal Nath has stated that efforts are being taken to lessen the hazards of common property holders.

He stated at a function organised by the Indian Chamber of Commerce that efforts are on to create a system which would allow the conversion of leasehold properties into freehold over the internet.

The proposed up gradation would lessen the troubles of the individuals as they would be spared from going office to office to convert properties.

He further added that Ministry was now trying to find ways to ease the process and that these were the reforms that were needed to improve the mood in the country.

To read more real estate news:

Revenue from property registrations goes down in Nellore

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