Freehold relief in sight for Chandigarh’s leasehold properties

The Ministry of Home Affairs is currently reviewing a proposal to convert leasehold properties to freehold status. This pivotal development emerges after extensive discussions among political figures and ministers. The Chandigarh administration, having secured the needed approvals, forwarded this proposal. It is anticipated that this change will enhance property values and stimulate investment within the city, along with providing updates on other property-related matters.The Ministry of Home Affairs is currently reviewing a proposal to convert leasehold properties to freehold status. This pivotal development emerges after extensive discussions among political figures and ministers. The Chandigarh administration, having secured the needed approvals, forwarded this proposal. It is anticipated that this change will enhance property values and stimulate investment within the city, along with providing updates on other property-related matters.