News: Gurugram: Soon, registry of floors on plots below 180 sq yd?-10-05-2022
Due to restrictions by the state government on registering independent floors built on plots less than 180 sq yd in size in private developer areas, the owners can neither formally own them nor sell the property.
GURUGRAM: Buyers of independent floors built on plots less than 180 sq yd in size could soon be allowed to get their properties registered in Gurugram. The district administrat ion, after receiving representat ion from the aggrieved residents of Sushant Lok 2 & 3, has forwarded the case to the state government for consideration.
Due to restrictions by the state government on registering independent floors built on plots less than 180 sq yd in size in private developer areas, the owners can neither formally own them nor sell the property. Moreover, as such properties are bought and sold on general power of attorney, it causes loss to the state exchequer as no stamp duty is paid on the transaction.
Some buyers alleged that at the time they had booked the property, the developers had promised it would get registered once the state government formulated a policy for the same. But when the policy for registration of independent floors was formed in 2012, it excluded many of them by setting a lower limit for registration at a plot size of 180 sq yd.
The investors also described the government’s “builder floor” policy as “contradictory”, citing the Deen Dayal Jan Awas Yojna (DDJY) that allows registry of floors built on plots of 120 sq yd and above.
Pawan Kumar Yadav, president of Sushant Lok Extension Residents' Welfare Association, said, “In 2021, the Haryana government came up with DDJY to ensure availability of houses to all sections of the society. The developer of a property under the policy is allowed to construct floors on plots of 120 sq yd in size and the government also permits the registry of such a property. So, why this contradictory approach in our case.
In Sushant Lok 2 & 3, around 600 families have not been able to get their properties registered since 2015. “Many people have to sell their property for financial or other reasons but they can’t. If registry is allowed for a 120 sq yd plot in DDJY project, why is it not applicable for all. How can a state have two sets of policy for similar properties,” said Amar Jindal, vice president of the association.
The residents of many other private developer colonies are facing similar problems. “How can a government policy discriminate between two sets of property owners?” said Praveen Kumar, a resident of Orchid Island. “The government policy should be uniform and not selective.”
Some residents described the policy as “arbitrary”. “Not only the policy hurts property buyers like us, but also it causes loss to the government coffers as no registration fee is paid on such properties that are transacted on general power of attorney,” said a resident of Sushant Lok 2.
The residents from Sushant Lok on Sunday gave a representation to the deputy commissioner of Gurgaon, Nishant Yadav, urging the authorities to allow registration of floors built on plots less than 180 sq yd in size. “We have recommended their case to the government for consideration,” Yadav told TOI.
