What is LRS Telangana government?

Hyderabad: The State government has issued guidelines for processing pending applications received under the Land Regularisation Scheme (LRS) for regularisation of plots and layouts in a time-bound manner.

What are the benefits of LRS in Telangana?

a) Regulation of unapproved layouts will entitle the applicant to get building permission from the Competent Authority. b) Civic amenities like roads, water supply, drainage, streetlights will be provided subject to total payment of all required charges by all plot owners.

What are LRS charges in Telangana?

Revised charges on the market value of plots as on August 26, 2020, show that applicants for LRS up to 3,000 sq. yard should pay 20\% of the basic regularisation charges, those having 3001-5000 sq. yards would have to pay 30\%, for 5001-10,000 sq. yards it is 40\%, for 10,000-20,000 sq.

What is the meaning of the LRS?

The Liberalised Remittance Scheme (LRS) lays down the guidelines for outward remittances from India. It is part of the Foreign Exchange Management Act (FEMA) 1999 by the Reserve Bank of India (RBI). Under the LRS, the upper limit of remittance is $2,50,000 per financial year.

How can I check my LRS Telangana status?

Telangana LRS Scheme Application Status

1. First, go to the official website of the Telangana LRS scheme.
2. You will land on the homepage of the scheme.
3. On the home page click on the option called Know your application status.

How are LRS fees calculated?

CALCULATOR FOR LRS SCHEME

1. Plot Area: (Sq.m) *
2. WIDTH OF EXISTING ABUTTING ROAD: (in Meters) *
3. Net Layout / Plot Area: (Sq.m) *
4. Market value of the Land as on 01.08. 2019 (Sub-Register value) (Rs. per Sq. yd): (per Sq. yd in Rs.) *

What is the objective of LRS Telangana?

LRS Telangana : The government of Telangana wants to promote the planned development of urban areas in the state. They are encouraging development by developing integrated townships and approved layouts by both public and private initiation.

How to apply for layout regularisation scheme in Telangana?

Step 1- Visit the Official Website of Telangana Layout Regularisation Scheme i.e. lrs.telangana.gov.in. Step 2- On the Homepage, Select the option “Apply for LRS”, the following screen appears. Step 3- The registration Form page will be displayed on the screen.

How to check Telangana LRS application status online?

Step 1- Visit the Official Website of Telangana LRS SCHNAME i.e. https://lrs.telangana.gov.in/. Step 2- On the Homepage, click on the option called Know your application status. Step 3- Know your application status page will be displayed on the screen.

How many slabs are there in LRS Scheme 2020?

Now due to the new update in the scheme, the government will be providing 7 slabs instead of the previously launched four in GO No. 131, dated August 31, like in the old LRS scheme of 2015. The government has also launched new regularization charges with the current market value of the plot as per the date of 26 August 2020.