Balance amount to be recovered from buyers, says Punjab revenue minister | punjab | Hindustan Times
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Balance amount to be recovered from buyers, says Punjab revenue minister

punjab Updated: Sep 24, 2014 17:25 IST
HT Correspondent

Revenue minister Bikram Singh Majithia said here on Tuesday that a consolidated report of the undervaluation of the properties in deeds of registration done across the state during the last five years is ready and the department has issued instructions to the officials to recover the balance amount from the buyers.

Addressing mediapersons on the sidelines of laying the foundation stone of the sub-divisional complex here, the minister said that the undervalued amount would be collected from the buyers at any cost and action would be taken against the officials, who undervalued the properties for registration.

Notably, after it came to the notice of the revenue department last year that a few officials, involved in the registration of properties, were showing commercial properties as residential ones for getting registries done on cheaper rates and were making a big money on that, the department hired two private consultant companies to scrutinise the documents of property registrations in the state.

"The report of the consultants has established evasion of stamp duty during the purchase of the properties through undervaluation of the properties. Not only the undervalued amount would be recovered, but the officials involved in the scam would also be penalised," said Majithia.

Responding to a question on the alleged bitterness in the SAD-BJP relations, the minister said, "Our relations with the BJP are beautiful. As far as union finance minister Arun Jaitley's letter to the state government about the special financial package is concerned, this letter is being misinterpreted as the minister had only made some recommendations."

Majitiha also said that the Congress in Haryana would not cross the double-digit figure and the two-time chief minister Bhupinder Singh Hooda is set to break Rahul Gandhi's record of lowest seats.

Majithia said that the bonanzas, announced by Hooda during the last months of his 'misrule', show that the Congress is seeing the writing on the wall that it is set to face defeat in the assembly elections.