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Amarinder gives go-ahead for notification of rules for RERA implementation in Punjab

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Ramandeep S Bajwa
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Amarinder gives go-ahead for notification of rules for RERA implementation in Punjab
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Chandigarh: In a bid to protect the interests of consumers and revive the ailing real estate sector, Punjab Chief Minister Captain Amarinder Singh on Thursday gave the go-ahead for the notification of rules for implementation of Real Estate (Regulation and Development) Act, 2016 (RERA) in the state, while ordering a freeze on registration of FIRs in cases relating to unauthorized constructions till the completion of the ongoing review of such colonies. Chairing a review meeting of the Department of Housing and Urban Development (H&UD;) here, the Chief Minister also ordered priority allocation for senior citizens and women in the reserved categories for allotment of housing sites/flats by the government. It was also decided that a meeting of the departments of H&UD;, Local Government and Rural Development would be held under the chairmanship of the Chief Secretary next week to prepare an action plan for housing for the state’s homeless. The Chief Minister urged the officials concerned to find a way to provide basic amenities to the people living in unauthorized colonies without encouraging development of more such colonies. He also asked the Additional Chief Secretary (H&UD;) to ensure that every developer earmarks 5% of the total project area for construction of dwelling units for the economically weaker sections of the society, according to an official spokesperson. Giving details of the meeting, the spokesperson said the chief minister gave his nod to the H&UD; department to frame the rules and regulations for the implementation of the Real Estate (Regulation and Development) Act, 2016 (RERA) in the state in order to protect the interests of property buyers against unscrupulous builders. Captain Amarinder approved the establishment of a regulatory authority for the implementation of the Act, and directed coordinated efforts for the development of the realty sector. The proposed authority, to consist of a chairperson and at least two members as mandated by the Act, would act as the nodal agency and the state government would soon notify the rules in this regard. The Chief Minister will place the memorandum, related to the enforcement of the Act in the state, before the next Cabinet meeting for its approval, it was decided at the meeting. The authority was mandated by the meeting to register real estate projects of 500 square meters and above or 8 apartments or more. The ongoing projects that have not obtained completion certificate prior to May 1, 2017 are required to register within 3 months. On the issue of regularization of unauthorized colonies, the Chief Minister asked the Additional Chief Secretary (H&UD;) to prepare a comprehensive action plan in consultation with the Chief Secretary so that basic amenities like roads, disposal of sewage and waste, sewerage, drinking water and street lighting could be provided to the residents of colonies that had already been approved. Captain Amarinder Singh suggested regularization of such colonies in a planned manner. He stressed the need to devise a mechanism to ensure balanced development of colonies, both in rural and urban sectors, in a holistic manner instead of focusing only on urban development. The meeting was attended by Additional Chief Secretary (H&UD;) Vini Mahajan, Principal Secretary to Chief Minister Tejveer Singh, Special Principal Secretary to Chief Minister Gurkirat Kirpal Singh, and Chief Administrator PUDA Ravi Bhagat. — PTC News-
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