Realty sales to begin soon in Delhi colonies
Realty sales is to begin soon in newly regularised colonies of Delhi. The Delhi government has announced that it will start registering properties in the recently regularized colonies.
However,only those properties that have attained general power of attorney (GPA) registered before October 2011 will be eligible for registration.
Through this, the Delhi government has started to bring the newly regularised colonies at par with all other colonies in the capital.
The government has been cautious of the Supreme Court order that had put a blanket ban on all realty sales through GPA after October 2011.
The state government’s revenue department had directed all 13 sub-registrar offices, DDA and NDMC to follow the apex courts order and declare all GPA registration done after that as null and void with retrospective effect from October.
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