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Home Property Dealers

Date for submission of applications extended

Grady Vasquez by Grady Vasquez
March 4, 2019
in Property Dealers
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Bowing to the call for of the Punjab Colonisers and Property Dealers Association and different stakeholders, the Punjab Government has prolonged date for submission of programs for regularisation of unlicensed/illegal colonies to June 30.

The revised coverage announced by the authorities on October 19, 2018, had expired after a stipulated length of four months on February 18, 2019.
In view of the fact that the policy in its existing form had didn’t entice builders as simplest 225 programs had been acquired from out of one,920 identified unlawful colonies underneath the jurisdiction of the Greater Ludhiana Area Development Authority (GLADA), the authorities conventional a few needs placed forth by using developers in a series of conferences convened by way of Punjab Housing and Urban Development Minister Tript Rajinder Singh Bajwa and senior officers of the branch with them.

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Welcoming choice of the authorities to increase policy for another four months, Kultar Singh Jogi and GS Lamba, president and preferred secretary, respectively, of the Punjab Colonisers and Property Dealers Association, said the authorities had now determined that similarly to online submission of programs (for regularisation of colonies) these might be time-honored manually at sea kendras, precise branches of HDFC Bank and workplaces of the development government concerned.
The demand of builders for the popularity of packages in a single set in the vicinity of eight sets as sought earlier was also customary, and directions issued to the competent authorities in this regard stated Lamba.

“Developers, many of whom are not pc literate, will also be able to upload multiple application from unmarried e mail ID,” he added.

According to Lamba, the demand of assets developers concerning supply of electricity to trouble ‘no objection certificate’ (NOC) to the Chief Administrator of the improvement authority in the region of Estate Officer, become discussed at the period.

The authorities’ stand that this had been accomplished as in line with provisions laid down in the Punjab Laws (Special Provisions) for Regularisation of Unauthorised Colonies Act 2018 turned into common with the aid of developers he stated.

Some other problems related to the policy including parity in improvement fees for colonies located within and outdoor the city limits, waiver of interest on unpaid dues beneath preceding regulations and formation of a nation property board to bridge the space between the stake holders and the regulatory bodies had been additionally being addressed by using the authorities, he introduced.

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Grady Vasquez

Grady Vasquez

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