New coverage to be announced soon

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The Punjab Government is in all likelihood to announce a revised coverage for regularisation of unlawful colonies with validity up to October 31 and a proper statement to this effect would be made in a subsequent couple of days. The earlier coverage, which had lapsed on June 30, had failed to yield the favored effects with all stakeholders traumatic a more simple, sensible and possible policy.
This indication became given with the aid of the Punjab Minister for Housing and Urban Development Sukhbinder Singh Sarkaria at a meeting with a delegation of Punjab Colonisers and Property Dealers Association in Chandigarh. Kultar Singh Jogi, GS Lamba, president, and fashionable secretary respectively of the association, as well as senior officers of the Housing and Urban Development Department and Chief Administrators of all vicinity development government, had been ga it at the meeting.

According to Lamba, the minister had confident the builders that hobby on the quantity deposited for regularisation of colonies below all preceding policies stood waived and clean instructions to this effect might be issued soon to the regulatory bodies.
Further, there might be no cutoff date for plots in unauthorised colonies and the owners might be at a liberty to get ‘no objection certificate’ (NOC) at any time for such plots on the rice of the stipulated fee.

He said the authorities had additionally conceded the demand for withdrawal of 15 in keeping with cent annual hike on composition charge for colonies, exemption from hearth safety NOC on homes positioned on roads with a width of 20 feet or extra, putting in place a assist line variety, improve of software program regarding a hundred per cent sale and unsold stock of plots in colonies and advent of separate building bylaws for small industrial regularised plots.

Lamba stated the developers made a firm demand that there have to be no harassment and criminal proceedings after the developer had made full payment of composition price to which the minister agreed and directed that clean commands to this impact be issued to all place improvement authorities.

It was agreed on the assembly that the Housing and Urban Development Department would arrange a assembly with the Real Estate Regulatory Authority (RERA) to kind out certain problems associated with enforcement of provisions beneath the RERA Act.

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