The government is working on ways to convert leased land parcels in the city into free-hold, which would enable it to sell such lands and generate revenue. A committee headed by Revenue Department Principal Secretary Manukamar Srivastava is finalising a formula for such a transfer.
An official from the Collector's office said it received over 150 calls inquiring about procedure of renewal of lease, but only 41 lease-holders had turned up as of October 28.
The Mumbai city Collector's office had issued a notice on October 2 which said the lease must be renewed by November 1. Collector Ashwini Joshi said her office will consider extension of the deadline only if lease-holders requested.
"We have formed a special cell to handle leased property renewal cases. The lease of many properties expired as long as 25 years back, but they are yet to renew their licenses. Only if they ask for more time we will consider it," she said.
"The government is not against renewal of lease, but also wants to claim ownership and collect revenue if the property has been sub-leased or transferred to some other name," the official said.
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