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.
All readers are invited to post remarks responsibly. Any messages with foul language or inciting hatred may be deleted. Comments with all capital letters can also be deleted. Readers are advocated to flag the remarks they sense are beside the point.
The views expressed within the Comments phase are of the individuals writing the put up. The Tribune does not advise or help the perspectives in those posts in any way.
In the hectic task of property buying or selling, property dealers stand as the middleman. They go about ensuring you get the best deals out there which may translate to a smart investment for you as a purchaser or a good sale as a vendor. Property selling and buying is no walk in the park. It is no lie that we sometimes attempt to do things our way which may lead us to not getting our money’s worth.
It is that particular danger that results to the pressing need to seek for a property dealer. And while we have established that all things concerning a purchase or acquisition of property is no easy task, finding the right middleman shares the same level of difficulty.
How does one go about fining this right dealer? Of course ,we expect a highly competent individual that can look for the right buyer for the searching seller and vice versa. That dealer will be arranging meetings between the two main players. That someone will be taking the initiative in the money transaction and ensuring that any needed documents are not left out of the picture.