The Punjab government has extended the amnesty for another three months to the owners of plots, allotted by any development authority in Mohali and elsewhere in Punjab, to get the conveyance deed of their land registered at the allotment rates instead of the prevailing collector’s rate. The notification has granted major relief to the plot owners in the state.
The stamp duty for registration of immovable property allotted by any government/semi-government organisation will be charged on the consideration amount fixed at the time of allotment of such property. However, they have to prove that the document was registered by the original allottee and the re-allottees (to whom such property was transferred by the original allottee through a government/semi-government organisation or legal heirs of the original allottee), who were yet to pay full and final instalments of their plots, till June 30.
Part of the Dream Weave Walk Network 1998-2010