“…Use conversion charges for Sarojini Nagar, Khan Market, Green Park Extension, etc. shall be fixed as ₹22,274 per sq for conversion from residential to commercial,” the notification read. The Supreme Court-appointed monitoring committee had sealed 51 commercial establishments in Defence Colony market for not paying their due of conversion charges. The traders have been since taking out protests and meeting officials from the South Delhi Municipal Corporation (SDMC) to either waive off the accrued charges or provide time to the traders to pay these off. Considering the pleas of the traders, the monitoring committee on Friday extended the date of the payment of the first instalment of the ‘use conversion charges’ from December 31, 2017 to January 15, 2018.

Source: The Hindu December 30, 2017 10:41 UTC