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State of Madhya Pradesh - Section

Section 26 in The M.P. Nagar Tatha Gram Nivesh Vikasit Bhoomiyo, Griho, Bhavano Tatha Anya Sanrachanao Ka Vyayan Niyam, 1975

26.

Where the purchaser by an application in writing requests the Authority to convert the period of lease from 30 years to 90 years, the Authority may do so alter charging in additions 15 percent of the premium fixed for 30 years of lease with proportionate increase in annual ground rent.