The existing Rule 3of the said rules shall be substituted by the following, namely:- "3. Land to be transferred either on free hold basis or on lease hold basis.-·(1) Any HSCS • r. 120 .30.8.2016 478 . RAJASTHAN SECTION / PART II transfer of land under these rules "hall be either on free hold basis or on lease hold basis.
(2) Any allottee or lessee or sub-lessee to whom full rights nave been transferred by lessee and who holds land for residential or commercial purpose only on lease hold basis may get his terrure and status of holding' converted from lease hold basis to free hold basis on payment of 1.25 times and 1.50 times of one time lease; respectively:
Provided that the les~ees who have already paid urban assessment or ground rent uridec.and.in- accordance with the onetime assessment scheme and those iessees are no longer required to pay any ground rent for remainder of- the tenure of the lease, may avail the option of converting there tenure and status from lease hoid basis to free hold basis on payment of twenty five percent of total one time lease amount in case of residential and fifty percent total onetime !ease amount in case of commercial.
(3) An application for conversion of tenure and status of land from lease hold basis to free hold basis may be presented by the allottee or lessee or sub-lessee:
Provided that 311outstanding dues; if aGY; required to be deposited, would be deposited first for conversion from lease hoid ' basis to free hold basis.
(4) The deed evidencing the conversion of tenure and status of land from lease hold basis to free hold basis under sub-rule (2) shall be prepared in appropriate form of conveyance duly approved by the State Government in accordance with the provisions of Rule 26 of these rules.
(5) Any urban land conveyed, regularised or otherwise transferred for,-
(a) specified or limited' purposes for a specified duration only; or
(b) time bound short term projects of departments of the Central/State Government.or their agoncics/i nstrumc ntalit.ics covered under Rule 1G~B cf these rules; 01-
(c) non-residential or non-commercial purposes on concessional rates With special conditions attached the re co to any inscirut.ion, any body ur pe rson:
or
(d) any purpose other than residential or commercial outside the sanctioned sc4~m_e;;overned by Rule 16 of these rules; or
(e) use of public and charitable institutions or Group Housing Societies under Rule 18, 18-A and 18-B of these rules. on cost price, reduced price or token price (i.e. free of cost); or
(f) joint venture schemes under Rule 18-C of these rules: or
(g) use of institutions other than charitable and public institutions under Rule 19 of these rules, shall invariable be on lease hold basis for a limited period not exceeding 99 years duration and in no case on free hold basis:
Provided that urban land required for use under the long term projects of the Central Government or the State Government or required by their departments or their instrumentalities shall invariably be conveyed on free hold basis under and in accordance with the provisions of these rules.
(6) All lands and properties which are important sites/structures from historical or cultural point of view or which are valuable heritage sites whether natural or manmade such as lakes, hill, hillocks, mansions, forts, gardens etc. if and when assigned to anybody. institution or any person for up keep, maintenance or use for promotion of tourism etc. shall invariable be transferred on lease hold basis for a specific purpose and for specified period not exceeding 99 years of tenure.
(7). Before allotting or converting any of the urban lands and properties specified under sub-rule (6) or lands/properties of like nature on lease hold basis, the Trust shall seek prior sanction of'the State Government and the State Government may impose such special terms and conciitions as it may deem fit and the deed evidencing. special RSCS • I'. 121.30.8.2016 2016 RAJASTHAN S[CTION 479 I~ I I terms and conditions, if any, shall be duly approved by the State Government in accordance with Rule 2Gof these rules."