By Accommodation Times Bureau
The State cabinet on Thursday approved the lease policy for playground and gymnasium.
According to the provisions of the Maharashtra Land Revenue Code, 1966 and Maharashtra Land Revenue (Disposal of Government Land) Rules, 1971, the Government land has been leased out to the state government at a nominal rate of Re 1 per annum for the setting up of playground or playgroup for various educational institutions and local authorities.
“A new policy has been fixed for lease of such land, according to which the annual rate of such land will be levied as 0.1% of the 10% of the value of the valuation of the land, “according to the meeting and renewal of lease will be done for 30 years, it added.
The rights of renovation have been given to the respective district collectors and for the central government only, pre-approval of the government will be required.
Meanwhile , the lease of land , which has expired , has been not renewed yet , it will be rectified at the old rate upto December 31, 2017, for renewal of rents. It will then be renovated from January 1, 2018, as per the revised policy.