Tewari raises ban on share-wise sale of property in Lok Sabha
Chandigarh, August 7
Chandigarh MP Manish Tewari today raised the issue of ban on sale of share-wise property in Chandigarh, in the Lok Sabha today.
Tewari demanded that the notification issued on February 9, 2023, on the issue be rescinded immediately.
He said the Supreme Court order proscribed sanctioning of any building plans that converted a three-storey building into three separate floors owned by three different people and further prohibited the registration of any MOUs that gave effect to such an arrangement.
However, these were only interim directions till the Heritage Committee took a view on the re-densification of the heritage sectors (Sector 1-30). The Heritage Committee decided that there would be no re-densification of population in the heritage sectors.
Once the committee arrived at a conclusion, the Supreme Court directions supposed to be lapsed. But the moot point is that the Supreme Court never banned the share-wise sale of property, he said.
However, the UT Administration did not seem to appreciate the court orders properly and on February 9, 2023, it banned the sale of share-wise property in the entire union territory, he observed.
He demanded that the February 9 notification may be rescinded to provide relief to residents, who are, otherwise, forced to go for distress sale of their property at far less prices than the actual market prices to their co-owners, thereby introducing the Law of Pre-Emption in Chandigarh that militates against the Constitutional Right to Property enshrined in Article 300-A of the Constitution of India. — TNS