Delhi infra board to regularise plot transfer charge

The board has also approved a performance-based incentive scheme for all employees engaged through the placement agency ICSIL or on the direct contract of DSIIDC, it said.
For representational purposes.
For representational purposes.
Updated on
1 min read

NEW DELHI:   The Delhi State Industrial Infrastructure Development Corporation (DSIIDC) Board decided to transfer or regularise leasehold rights of industrial plots on nominal charges of 5-10 per cent of their market value. In a meeting chaired by Industries Minister Satyendar Jain, the board decided to regularise the charge for the cases of transfer of property, said a Delhi government statement on Thursday.

“For transfer of property, GPA holders, cancelled lease deed, change of constitution, change in shareholding pattern and cancellation due to non-construction within the stipulated time will be regularised by paying nominal charges of 5 per cent to 10 per cent of the market value,” said the statement.

The board has also approved a performance-based incentive scheme for all employees engaged through the placement agency ICSIL or on the direct contract of DSIIDC, it said. As per the scheme, the contractual employee will get incentive from 10-30 per cent depending on the length of service, from less than 5 years to more than 10 years, it said.

The board has also decided to provide Rs 5 lakh insurance backed cashless medical scheme for all the serving and retired employees of the DSIIDC and their family members. With PTI inputs

Related Stories

No stories found.
The New Indian Express
www.newindianexpress.com