DEFAULTING PLOT ALLOTTEES GET FRESH RELIEF WINDOW: HARDEEP SINGH MUNDIAN
DEFAULTING PLOT ALLOTTEES ACROSS PUNJAB CAN APPLY UNDER EXTENDED POLICY
ALLOTTEES WITH DUE INSTALMENTS OR PENDING CONSTRUCTION ELIGIBLE FOR SCHEME
PLOT HOLDERS WITH OUTSTANDING DUES GET ONE TIME OPPORTUNITY
Chandigarh, January 13:
Punjab Housing and Urban Development Minister S. Hardeep Singh Mundian on Tuesday said that the Chief Minister Bhagwant Singh Mann led Punjab Government has taken a major pro-people step by approving the extension of Amnesty Policy 2025, bringing substantial relief to defaulting plot allottees across Punjab.
The Cabinet Minister said the Cabinet has approved the extension of Amnesty Policy 2025 for allotted and auctioned plots under various schemes of the Housing and Urban Development Department. With this decision, defaulting allottees of Development Authorities will get a fresh opportunity to apply under the policy up to March 31, 2026. The eligible applicants will have to deposit the due amount within three months from the date of approval by the concerned Development Authority and applications must be submitted on or before the revised cutoff date.
Explaining the public oriented intent behind the decision, the Cabinet Minister said, “Mann Government is focused on resolving long pending housing related issues of common people. Several families and institutions were facing hardship due to accumulated dues and procedural delays and the policy extension provides them a practical chance to regularize their properties and move forward.”
“This is a people friendly decision taken under the leadership of Chief Minister Bhagwant Singh Mann”, said the Cabinet Minister, adding that allottees who could not deposit instalments on time or complete construction within the stipulated period have been given a fair opportunity to settle their dues and secure additional time.
He urged all affected persons to avail the benefit of this scheme within the extended period.
Hardeep Singh Mundian further said that under Amnesty Policy 2025, defaulting allottees can deposit outstanding dues in lump sum along with scheme interest without penalty while non construction charges will be waived by 50 percent. In case of Institutional Sites, Hospital Sites and Industrial Plots allotted in IT City SAS Nagar or other schemes of Development Authorities, extension fee will be charged at 2.5 percent of the allotment or auction price and a three year period will be allowed to fulfil allotment conditions including construction. The scheme is applicable to those who defaulted on instalments due after December 31, 2013 or failed to complete construction within the prescribed time.
