The Government of Punjab on November 05, 2024, issued the Punjab Apartment and Property Regulation (Amendment) Act, 2024, to further amend the Punjab Apartment and Property Regulation Act, 1995.
The following has been stated:
• In section 20, after sub-section (4), the following sub-section shall be added, namely:
"(5) Notwithstanding anything contained in this Act or in any other law of the State of Punjab for the time being in force, any person who up to July 31, 2024, for an area up to 500 square yards situated in an unauthorized colony, has entered into a power of attorney, agreement to sell on stamp paper, or any other such document as the State Government may by notification specify, shall be entitled to get registration of such an area executed before a Registrar or Sub-Registrar or Joint Sub-Registrar and this exemption of getting such an area registered shall be available up to such date as may be notified by the State Government in this behalf. No Objection Certificate (NOC) from the concerned development authority of the Department of Housing and Urban Development or the concerned local urban body of the Department of Local Government shall not be required for such registration. Intimation of each such document of Sale shall be given by the Registrar or Sub-Registrar or Joint Sub-Registrar to the concerned development authority of the Department of Housing and Urban Development or the concerned local body of the Department of Local Government, as the case may be:
Provided that the Registrar or Sub-Registrar or Joint Sub-Registrar shall register subsequent sale deeds in respect of such property, if it has not been divided, even after the date of exemption, as notified hereinabove, has passed under intimation to the aforementioned concerned authorities or local bodies:
Provided further that the provisions of sub-sections (1), (2) and (3) of this section shall not be applicable on such plot(s) of such individual(s) who have got their plots registered before a Registrar or Sub-Registrar or Joint Sub-Registrar under this sub-section."
This notification will come into force from November 05, 2024.
[Notification No 11-Leg./2024]
