Now, no NOC to register property in legal colonies

Now, no NOC to register property in legal colonies 1

Tribune News Service

Following a public outcry over its flow to find a no-objection certificate (NOC) from local bodies for registering property sale deeds, the country authorities have determined to eliminate the circumstance for humans shopping for property in legal colonies/city settlements.

legal colonies
A decision to cast off the NOCs for all humans registering the sale deeds in their homes was taken nowadays. The heads of all neighborhood bodies and nearby region development government have also conveyed the choice using the Revenue Department today. On January 24, the Punjab Revenue Department banned all registration of sale deeds of assets without the NOC. All deputy commissioners, sub-registrars, and joint sub-registrars within the state were asked not to sign any sale deeds or switch home deedsin any colony without a NOC.

The government’s decision, which will crack down on the illegal colonies, whose regularisation policy is being finalized using the government, created a public furor. Some MLAs of the ruling party additionally raised the issue with the authorities. The already stagnant actual property marketplace saw a minimal registration of sale deeds within the past month, hitting the stamp duty collection adversely.
Confirming that the government had exempted registries of houses in legal urban settlements from the NOC, Additional Chief Secretary of Housing and Revenue Vini Mahajan said the reason that the facts base of all unlawful colonies has been up to date now it was decided to search for NOCs best to test property registration in those 7,300 illegal colonies. “The lists of those 7,300 unlawful colonies were given to all city neighborhood bodies, sub-registrars, joint registrars, and region development government. Any belongings sale or switch in these colonies can now be checked; for all different registration, the NOCs ought to be deemed as received,” she stated.
Public feedback looked for policy.

Vini Mahajan stated the proposed policy on illegal colonies is now in the public domain, and objections/comments from the general public were sought before finalizing the coverage. “Once the general public opinion is received via March 1, the 3-member Cabinet sub-committee will meet within per week and finalize the policy before it’s far positioned up before the Cabinet for its approval,” she stated.

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