Conversion of plots: CM asks officials to frame revised policy On March 3, 2019, the previous government had enacted the policy permitting transfer of plots, allotted on such restricted land tenures to ownership plots on payment of a premium equivalent to 10-15 per cent of the ready reckoner (RR) values December 17, 2020 2:56:39 am There are about 22,000 societies who have been allotted plot on occupancy across Maharashtra. Mumbai alone has about 3,000 such societies. (Representational) Chief Minister Uddhav Thackeray on Wednesday directed officials to formulate the revised policy for conversion of plots previously allotted on occupancy rights basis to freehold rights at the earliest. On Thackeray’s own directives, the state’s Revenue department had imposed a stay on the policy enacted by the previous government on December 10. The BJP had targeted Thackeray over the move. On Wednesday, Thackeray convened a review meeting in this regard, which was also attended by Revenue Minister Balasaheb Thorat.