SAS NAGAR: The Punjab government’s decision to allow need-based changes in medium income group (MIG) flats is likely to benefit about 2,000 property owners in SAS Nagar.
Conceding to the long-pending demand of the city residents, chief minister Parkash Singh Badal on Tuesday gave nod for introducing several need-based changes in various sectors of the city. This move is aimed at giving major relief to the property owners in the city on one hand and to avert the trend of haphazard and unlawful constructions on both residential as well as commercial sites.
RESPITE FOR MIG (SUPER) FLATS IN SECTOR 65
In another significant decision, the additional construction in MIG (Super) flats in Sector 65, SAS Nagar, has been approved as per the prescribed site plan prepared by the GMADA’s senior architect. The allottee would have to submit the maps regarding already constructed area and proposed construction by him or her. Compoundable construction would be done while keeping in view light and ventilation of the adjoining room.
The allottee would also submit a certificate by registered structure engineer, along with the map to prove the structure stability of the additional construction and verify that the foundation of the house was capable of bearing the additional load.
As per the decision, the allottee would also furnish an undertaking that he would be solely be responsible for loss to the neighbour due to any previous or future construction and would be liable to compensate the neighbour for it.
The compounding fee for any construction done in violation of the rules would be Rs 100 per square feet. If any allottee violates this policy to compound the property, they would be party to contempt of court and orders would be issued for demolishing the unapproved structure. Similarly, the allotment of house would also be cancelled as per the rules.
SEC 65 MARKET FLOOR AREA RATIO INCREASED
The floor area ratio (FAR), height and basement to the commercial sites in Bulk Material Market, Sector-65, has been brought on par with other commercial sites in SAS Nagar.
However, the same approval comes with the rider that the allottee concerned would get the map approved as per PUDA building rules after obtaining structural stability certificate from an expert, along with payment of `2,702 per square feet for additional floor area ratio.
This scheme would be valid for a period of one year and allottee could pay the lump sum fee in six instalments during three years with 12% annual interest.
The allottee opting for onetime payment of fee would be given 10% discount on payment, whereas those who would not be able to deposit their fee on time would have to pay extra interest.
“This is a very good move as the residents had invested huge money in these commercial sites and were not getting adequate returns. The nod given by the government would add value to the property and fetch good returns for the investors,” said Shalinder Anand, a property dealer in SAS Nagar.
It may be recalled that in order to consider the demand of residents regarding needbased changes in these sectors, the chief minister had constituted a high powered committee comprising senior officials of GMADA and municipal corporation.
NO THIRD FLOOR
Keeping in view the larger public interest, the proposal for constructing third floor in HM (Houses) in Sector 59 and 60 has been rejected as these houses had only 20-foot roads. So, any additional storey would increase the pressure of traffic and parking in this area.