New pol­icy on sub-leas­ing of BMC plots got clear­ance

Accommodation Times - - Current Affairs -

The im­prove­ment com­mit­tee of the Bri­han­mum­bai Mu­nic­i­pal Cor­po­ra­tion (BMC) ap­proved a new pol­icy on sub- leas­ing out of BMC-owned plots to any third party, in ex­change of a cer­tain amount which mem­bers be­lieve will con­trib­ute sub­stan­tially to the civic body’s rev­enue. How­ever, sev­eral cor­po­ra­tors slammed the pol­icy, say­ing it is rid­dled with loop­holes. Ac­cord­ing to the pol­icy, a BMC-owned plot which has been leased to a party, can in turn lease it again to a third party, af­ter reg­is­ter­ing all the de­tails with civic body and pay­ing it a pre­scribed amount. How­ever, the civic body does not have a record of plots sub-leased and their lo­ca­tions.

“It is es­ti­mated that about 4,500 BMC plots have cur­rently been given on lease. How­ever, the BMC has no record on how many of them have been sub­leased fur­ther,” a cor­po­ra­tor said. “More­over, the pol­icy has not con­sid­ered ap­point­ment of a mon­i­tor­ing au­thor­ity, which will keep a check on which plots are be­ing sub-leased and if the rev­enue is reach­ing the BMC,” he added. As per the pol­icy, BMC will per­mit sub-leas­ing of prop­er­ties only un­der cer­tain clauses. A leased BMC plot can fully or par­tially be sub-leased af­ter the civic body is paid 2 per cent of the ready reckoner rate, along with an amount of Rs 1lakh and 50 per cent of the agreed amount between the two par­ties.

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