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Residents seek lifting of ban on share-wise sale of property in Chandigarh, ET RealEstate


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CHANDIGARH: Members of the Federation of Sectors Welfare Association Chandigarh (Foswac), Chandigarh, Residents’ Associations Welfare Federation (Crawfed) along other property associations have demanded lifting ban on share-wise sale of property outside family.

While addressing media persons here on Wednesday, the members under the banner of Property Consultant Organization, Chandigarh, raised question to the Chandigarh MP, UT administrator, and deputy commissioner-cum-estate officer, who would decide the time of the interim order putting a ban on the sale of share-wise properties in Chandigarh.

In its January 10 order, the Supreme Court had banned conversion of residential houses into floor-wise apartments in sectors 1-30, while stating that they carried heritage status.

Following the apex court order, UT had imposed a ban on registrations for share transfers outside the family and the approval of building plans for properties co-owned by strangers or non-family members.

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  • Updated On Nov 23, 2023 at 11:00 AM IST
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  • Published On Nov 23, 2023 at 11:00 AM IST
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  • 1 min read
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