Punjab Govt aggravating realty sector crisis, allege colonisers

Our Correspondent

Ludhiana, October 22

In the wake of deep crisis facing the real estate sector in the state, colonisers have charged the Congress government in Punjab, led by Charanjit Singh Channi, with further aggravating the grave situation by stopping registration of sale deeds and refusal of new electricity connections for regularised plots and properties in unauthorised colonies.

Addressing a news conference here today, the Punjab Colonisers and Property Dealers Association president, GS Lamba, announced that if the government failed to come to the rescue of realtors without any further delay, all colonisers and property developers would handover keys of their establishments to the Chief Minister after Diwali to mark ‘mass protest’.

Elaborating on the issues faced by developers, Lamba alleged that the bureaucracy had misguided the state government about observations of the Punjab and Haryana High Court with regard to a civil write petition for stopping registration of sale deeds and grant of new electricity connections.

As a result, the crisis-ridden colonisers across the state had been betrayed because the entire business, which had already suffered due to the Covid-induced lockdown, had come to a complete halt.

Ridiculing certain recent decisions of the Punjab Government, he said on one side those residing inside ‘lal lakeer’ in the rural areas were being given ownership rights of their lands and relief in pending electricity bills and on the other hand thousands of owners of residential and commercial properties, who had paid composition fee and got their properties regularised, were not being given ‘no objection certificates’ (NOCs) to get their sale deeds registered.

Similarly, plot owners were being discriminated when it came to releasing new electricity connections, Lamba added.

Even after four and half years of the Congress rule in the state, not even a single poll promises made with developers had been fulfilled, said Lamba. This is despite the fact that aggrieved colonisers had knocked at all possible doors, Lamba added.

Others present on the occasion were Darshan Lal Laddu, Jagdish Jagga, Deepak Badyal, Ankur Singla, Jashanpreet Singh Chawla, Sham Verma, Amritpal Jand and Mani Haibowal.

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