Hyderabad: The State government has decided to extend the date for payment of the Land Regularisation Scheme(LRS) fee and charges with a rebate of 25 per cent up to April 30.
The orders to this effect were issued on Wednesday. The State government’s plans to fill up its coffers through the LRS failed to yield desired results with not many coming forward to avail of the offer before the last date of March 31.
State government expected that LRS applications processing could generate a revenue of about Rs.10,000 crore. On the contrary, hardly Rs.1,500 crore was generated as only about 4.36 lakh applicants availed the 25 percent rebate offered by the government.