CHANDIGARH: The Punjab Cabinet today gave nod for the revised policy for regularization of unauthorized colonies with an emphasis on simplified procedure and reduction in the rates of composition and regularization fees.
A decision to this effect was taken in a Cabinet meeting chaired by the Punjab Chief Minister Mr. Parkash Singh Badal here at Punjab Bhawan this evening.
Disclosing this here today, a spokesperson of the Chief Minister’s Office said that now under the revised policy of regularization of unauthorized colonies, the composition fee for regularization of such colonies has been linked with collector rate to remove the ambiguity among different zones. Now 0.5% of the collector rate (as on April 1, 2013) would be charged for compounding of colonies established before 2007 with the minimum cap of Rs. 25000/- per acre and maximum Rs. 1.00 lac per acre and 2% of the collector rate would be charged for colonies established after 2007 with the minimum cap of Rs. 1.00 lac per acre and maximum cap of Rs. 5.00 lac per acre.
However, the charges for colonies having area above 20 acres, the composition fee would be 5% of the collector rate for colonies established after August 17, 2007. The residential plots measuring up to 50 sq. yards in all the residential colonies and plots up to 100 sq. yards in slum areas shall be exempted under this policy. Separate rates have been fixed for regularization of industrial and commercial colonies and plots/buildings. The regularization charges for plots/buildings have also been reduced. To establish the percentage of sale of plots, the sale deed as well as the registered full and final payment agreement shall be considered. By linking the composition fee with collector rates the ambiguity created by establishing different zones in the earlier policy had also been removed. Overlapping of two zones would not be any problem in this policy. Under the revised policy, a provision of easy payment in installments has been made. Now the colonizer does not have to pay 25% of the total charges along with application and he can deposit 10% of the total charges along with application and rest 15% charges shall be paid within 30 days from the date of application submitted by him.
The composition fee for regularization of unauthorized colonies falling under category A-III has been reduced from 25% of the total composition fee to 10% keeping in view the fact that in this case the colonizer has to pay CLU, EDC, SIF charges etc. as per present rates to get license for the colony. The provision for self-certification and simplified procedure has also been made with which the plot holders/building owners in unauthorized colonies could get their plots/buildings regularized by paying charges fixed under this policy even if the offence of the Colonizer has not been compounded so far. The last date for submission of applications would be within 45 days from the date of notification of this policy.