Home India Ministry of Minority Affairs In exercise of the powers conferred by sub-section (1) of se...
Date: 2015-08-26 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by sub-section (1) of section 56 of the Waqf Act, 1995 (43 of 1995), the Central Govt., hereby makes the following rules to amend the Waqf Properties Lease Rules, 2014, namely.

Issued by Ministry of Minority Affairs · NOT available

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Executive Summary & Key Takeaways

**Summary:** This document outlines the Waqf Properties Lease Amendment Rules, 2015, enacted by the Central Government of India under the authority of subsection 1 of section 56 of the Waqf Act, 1995 (43 of 1995). The rules, effective from the date of publication in the Official Gazette (August 26, 2015), amend the Waqf Properties Lease Rules, 2014. Key amendments include: * **Reserve Price for Lease:** The minimum reserve price per square foot for leasing immovable Waqf property is set at ₹2 per annum for hospitals, educational institutions, and social sectors, and ₹2.5 per annum for commercial activities, based on the market value of the property. * **Lease Period:** Leases for immovable Waqf property exceeding three years and up to thirty years may be granted for commercial, educational, or health purposes, subject to State Government approval. If the State Government does not grant or deny permission within forty-five days, the permission is considered granted. The amendments are issued by the Ministry of Minority Affairs. The notification number is G.S.R. 663(E), and the file number is F. No. 12/13/2014-Waqf. Rakesh Mohan, Joint Secretary, is the contact person. The principal rules were published under G.S.R. 380(E) on June 3, 2014.

Key Entities Referenced

Waqf Act, 1995: The primary legislation governing Waqf properties in India, specifically section 56 is referenced. Waqf Properties Lease Rules, 2014: The set of rules being amended by this notification. Waqf Properties Lease Amendment Rules, 2015: The title of the new rules introduced by this notification. Central Government: The governing body responsible for making the amendments to the Waqf Properties Lease Rules. Ministry of Minority Affairs: The ministry issuing the notification regarding the Waqf Properties Lease Rules. State Government: The state government approval is required for lease of any immovable waqf property exceeding the period of three years and extending upto thirty years. New Delhi: The location where the notification was issued. Gazette of India: The official government publication in which the rules are published.
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