The plot-owners and realtors get relief as the policy for regularization of illegal colonies which was notified on April 20 this year will be replaced by a new policy. This new policy is scheduled to open for public opinion by the next week as per the sources. All this was shared in a meeting that took place between the developers and Tript Rajinder Bajwa, the State Housing and Urban Development Minister who was in Ludhiana on a day ago.
The policy was notified a couple of months back, but the poor response from the developers made the State Government rethink and bring a better policy reform again. According to the previous policy, the plot-owners with land in illegal colonies were not eligible to get their plots regularized is likely to be reserved in the new policy Although, the RWAs [Resident Welfare Associations] agreed to get their colonies regularized, but the realtors/developers asked for some more time in order to get the RWAs registered.
The developer/realtor is responsible to provide basic amenities to the residents until the RWAs [Resident Welfare Association] won’t get registered. The realtors have also stated that those applied earlier for getting registered are not required to apply for the same again and the money already paid will be adjusted. But, those with the rejected application are required to reapply.
Gurvinder Lamba, the General Secretary of Punjab colonizers and Property Dealers Association said that certain suggestion has been offered by them to the Government and the Congress-led Government assured them to consider the suggestions in order to amend the regularization policy. The housing and Urban Minister, however, said that the new policy will be tabled on July 18 for approval from the State’s Chief Minister Amarinder Singh.
After getting approval nod from the CM, the policy will be open for public suggestions and the illegal colonies developed prior to 19 March 2018 are likely to be regularized.