Bhubaneswar, June 13 -- https://images.odishatv.in/uploadimage/library/16_9/16_9_0/IMAGE_1651892082.jpg
In a major policy shift aimed at providing relief to leasehold property owners, the Odisha government has announced a significant reduction in the conversion fee required to turn leasehold land into freehold.
According to a recent notification issued by the General Administration (GA) Department, the conversion fee has been cut from 10% to just 3% of the land's benchmark value.
This move follows a decision taken earlier by the state Cabinet, which had approved a proposal to revise the conversion charges to make property ownership more accessible and affordable for common citizens.
The revised fee structure will be applicable to land l...