Registrar’s nod must for transfer of flats

Ramkrishan Upadhyay

Tribune News Service

Chandigarh, February 9

In a major change in the existing policy for the transfer of flats in group housing societies, the Chandigarh Administration has made the approval of the Registrar (Co-operative Societies) mandatory before the registration by the sub-registrar’s office.

Sources said this was one of the prominent changes made in the new transfer policy of flats, which would be announced soon.

Providing a relief to residents of group housing societies, the Administration has allowed the transfer of flats two years after a ban imposed by the then Estate Officer.

The sources said the nod of the Registrar (Co-operative Societies) for the transfer of flats had been made mandatory to make the transfer process transparent.

Under the current practice, the  Registrar (Co-operative Societies) has no role in the transfer  process. The intimation is sent to the Registrar only for information with the  required transfer  fees, fixed by the Administration.

Now, before the  transfer of the flat, the Registrar (Co-operative Societies) will issue a public notice and sufficient  time will be given to the parties  concerned to file an objection, if any.       

 The transfer of flats was disallowed in 2014. Under the new changes,  the sale/purchase will be allowed on the basis of a conveyance deed, provided there are no violations in the property, on the payment of the stamp duty at the prevailing collector rate.

Satish Sharma, chairman of the Group  Housing Societies  Welfare  Council, has welcomed the decision. 

Substitution policy soon

The Administration is planning to formulate a substitution policy for unoccupied flats in societies. The officers concerned are examining various options for the allotment of the flats. One of the options being considered is  holding an auction, which is likely to fetch revenue, both for the Administration and the societies.