There was a stay order imposed by Kolkata High Court confining the process of leasehold rights earlier. Nowadays the populace of Salt Lake region can apply for transfer of their leasehold possessions which means inhabitants of Flats in Ultadanga and Flats in Laketown can also apply for the same.
Previously High Court had given a pro tem stay on the verdict of the state Govt which was of charging a transfer amount of Rs 5 lacs/ cottah after petition was filed by a resident of BC block against the Govt.’s existing set of rule which was billing whooping 5 lacs/ cottah. The case was settled, but the process of leasehold rights again. As per one of the officials the State Urban Development department has already got transferring charge submissions amounting to Rs 1 crore this month. As per sources the inhabitants of Salt Lake received plots on lease for 999 years previously. Till 2012, neither transfer nor sell of these plots were legitimated. Urban Development solely used to have the owning authority of these plots. Nonetheless hundreds of plots were transferred and sold illegally, causing the loss of returns. After considering the advantages and disadvantages TMC Govt. finally gave a legal stamp on transferring leasehold plots against a transferring free of Rs. 5 lacs per cottah.
Initially 2 types of leasehold plots were apportioned to the inhabitants during the early stages of this township. Most of the residents were allocated plots under Clause 20, about 88 individuals who were among the primitive 100 residents of this township received plots in the early 70’s, under Clause no: 17. After the state Govt. released the law on 2012 within first 3 months they received more than 70 applicants from the leaseholders. Nevertheless only a few plots had been transferred since then.
Source- LNN (Liyans News Network)