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Property dealers urge state government to change policy for regularisation of colonies

Upset over the action taken on unauthorised colonies,property dealers and colonisers have asked the state government to regularise thousands of unauthorised colonies in the state.

Written by Raakhi Jagga | Ludhiana | Published: April 17, 2012 3:43:31 am

Upset over the action taken on unauthorised colonies,property dealers and colonisers have asked the state government to regularise thousands of unauthorised colonies in the state. If the property dealers are to be believed,the property business never grew during the previous term of SAD-BJP and has come to a standstill once it formed the government once again and started the demolition drives.

“The hike in land prices in the past few years was connected to inflation and nothing to do with the policies of the government,infact the government never made an effort to boost property business and now are making property dealers almost idle,” said Gurvinder Lamba,member of Ludhiana Property Dealers and Colonisers Association (LPDCA).

The property dealers also objected to the 20 per cent hike in price of land registeries and the need for a PAN for land registry in excess of Rs 5 lakh.

Kamal Chaitly,senior BJP leader and president of LPDCA said,“In 2007,the SAD-BJP government made a policy that a colony spread over 100 acres can be regularised. This was reduce in increments until in 2011it was reduced to 10 acres when they saw that hardly any colonisers were getting colonies registered. Many colonies have been built that have proper facilities,but Greater Ludhiana Area Development Authority (GLADA) is domolishing all of them.”

Jatinderpal Saluja,senior SAD leader added,“If the government is serious about demolishing the unauthorised colonies,they will have to demolish 95 per cent of Ludhiana and other cities in Punjab. The government will be bogged down with litigation cases if they continue with the demolition drive.”

Meeting with CM

Property dealers have sought time from CM Parkash Singh Badal and Deputy CM Sukhbir Singh Badal so that they can apprise them of the problem. The condition of PAN card has come as a major deterrant for them because majority of the buyers fail to show their investments in I-T records as a result of which investments have taken a severe hit.

Poor Condition

Though property dealers claim that they have wide roads and green areas in authorised colonies,ground realities show that majority of colonies were haphazardly built and the roads are not 30 feet wide as per specification and green belts are lacking in the areas.

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