Successful completion of two e-auctions involving the sale of various properties resulted in a revenue gain of Rs 5060 Cr
178 clearance certificates were issued to developers and promoters in two Mega Camps
Chandigarh, December 23, Desh Click News
In 2024, the Punjab Government undertook several initiatives to provide significant relief to the residents of the state, particularly in urban areas, while focusing on the planned development of cities. Under the visionary leadership of Chief Minister S. Bhagwant Singh Mann, the introduction of NoC-free registries has fulfilled a long-standing public demand, enabling property registration without the need for an NoC (No Objection Certificate).
Highlighting the major initiative completed in 2024, Housing and Urban Development Minister Mr. Hardip Singh Mundian said that the Punjab government has fulfilled the decade-old demand of residents by eliminating the requirement for NoCs for land registries under 500 yards as Vidhan Sabha passed PAPRA Act to facilitate this reform. Following its implementation, the Urban Development and Revenue Department notified the public to avail themselves of the benefits of this initiative within the three-month period from December 1, 2024, to February 28, 2025.
Mr. Mundian emphasized the remarkable and transparent execution of two e-auctions, which resulted in a total revenue gain of Rs. 5060 Cr conducted under various development authorities. The e-auctions aided the sale of properties, including group housing, petrol pumps, hotel sites, SCOs, and booths, as well as industrial and residential plots. In August, Rs. 3000 Cr was generated while an additional Rs. 2060 Cr was secured in October. This initiative offered residents the chance to secure a home and embark on their entrepreneurial endeavours.The minister further elaborated that for the first time ever, the government took the initiative to directly assist promoters and developers by issuing clearance certificates. The government organized two mega camps, one in October and another in December, marking an unprecedented move by any government to achieve this. The first camp issued 51 clearance certificates, while the second camp granted 127. Under the supervision of various development authorities, licenses for colonies, completion certificates, partial completion certificates, letters of intent, zoning plans, building plans, and promoter registration certificates were issued.
Mr. Mundian concluded by emphasizing that, under the dynamic leadership of Chief Minister S. Bhagwant Singh Mann, the Punjab government remains committed to the betterment of the state’s residents and continues to work relentlessly for their welfare.
The year saw the planning and execution of significant projects, with further initiatives aimed at public welfare in the pipeline. In the upcoming year, the department will organize additional e-auctions and mega camps to issue more clearance certificates.
