Monday, February 1, 2010

Mohali plot re-allottees deprived of conveyance deed benefit

A Large number of plot owners in Mohali are deprived of the state government’s relief to get the conveyance deed of plots registered at the allotment rates instead of the prevailing collector’s rate.

Reason: The notification issued under Sections 47-A and 75 of the Indian Stamp Act, 1899, by Punjab Financial Commissioner (Revenue) Romila Dubey making the fourth amendment in the Punjab Stamp (dealing of under-valued instruments) Amendment Rules, 2009, to grant relief to plot owners in the state on May 28, allowed the benefit to only the “original and first re-allottees”.

However, the subsequent re-allottees, who have bought the properties from the first re-allottees were not allowed the benefit of registration at old rates.

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