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Panchkula to have floor ownership system

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Indian Express 24.09.2009

Panchkula to have floor ownership system

The Haryana Urban Development Authority (HUDA) is set to implement the much-awaited independent floor ownership system in the state. The Haryana government recently issued a notification in this regard.

“Only those owners, who have completed three floors in accordance with the approved building plans and bye-laws and have obtained occupation certificate from the competent authority, will be eligible to transfer floor-wise ownership of their building,” a HUDA official said. “Also, those who have paid the full price of the plot to HUDA and have no dues can go in for the new scheme.”

The owners of independent floors in a building, the official added, would have to make adequate arrangement to park their vehicles “without misusing road or public property”.

T C Gupta, Chief Administrator of HUDA, said, “Under the scheme, an additional stamp duty of 1 per cent will be charged from the applicants. We plan to use this additional income to provide infrastructural facilities, the priority being multi-level parking lots in each sector.”

For residents, with the new scheme in place, buying a house in Panchkula will no longer be difficult. “Till now, we could have only thought of owning a 10-marla house in Panchkula. It was far beyond our reach. But with the independent floor system, we can now think of owning that,” Sunita Mittal, a resident of Sector 15, said.

Procedure for transfer of ownership of floors

The original owner or allottee will have to seek permission from the Estate Officer, HUDA, along with details on the floor proposed to be transferred and common areas and facilities available.

The owner will have to attach the original allotment letter, a copy of the approved building plan, a copy of the occupation certificate and photographs of the existing building. The owner will have to pay Rs 10,000 as administrative charge.

Rules and regulations

* In case of a built-up property in existing sectors, the registration of independent floors will be allowed only if the building is constructed on a plot of 180 sq yards or more.

* Each independent floor will be recognised as a distinct, identifiable property with a separate identification number.

* Owner of each independent floor will be entitled to separate water and electricity connections.

* No increase in the maximum permissible floor area ration (FAR) will be allowed.

* No sub-division of the plot and vertical divisions of the building will be allowed.

* Disputes, if any, will be limited to the agreement partners and HUDA will not be a party.

Last Updated on Thursday, 24 September 2009 10:51