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917 unauthorized colonies regularized in Delhi, real estate prices to soar

India TV News Desk 28 Aug 2012, 9:22:42 IST
India TV News Desk
New Delhi, Aug 28: Real estate prices in the national capital are set to soar with the Centre on Monday night deciding to give the green signal for regularization of 917 unathorized colonies. A notification to this effect will be issued on Tuesday.



There are 1,639 unauthorized colonies in Delhi, of which nearly  60 per cent will be regularized benefitting more than 3 million families.

With the issuance of notification by the centre, sale and purchase of properties in these colonies will now become legal.

Mukesh Sharma, parliamentary secretary to Delhi chief minister Sheila Dikshit said on Monday night that the chief minister has also requested the centre to consider regularizing colonies built on forest land.

Of the 1,639 unauthorized colonies in Delhi, 1,218 colonies got provisional certificates in 2008.

Delhi chief minister Sheila Dikshit, Urban Development Minister A K Walia, Transport Minister Arvinder Singh Lovely and Mukesh Sharma met Union Urban Development Minister Kamal Nath on Monday in which the decision to regularize 917 colonies was taken.

The issue of regularizing three affluent colonies, Mahendru enclave, Sainik Farms and Anant Ram Dairy, was also discussed at the meeting, but a decision was kept on hold.

"A new policy will be framed to regularize these colonies as they are different from the rest", a Delhi government official said.

"The issue of colonies that have been built on forest land or have not got clearance from the Archaeological Survey of India was also discussed. We will work out the modalities", said minister A K Walia.

The Centre has asked the Delhi government to prepare a detailed report on colonies for which notification will not be issued currently.  The government has been asked to point out changes required in guidelines to ensure they can be regularized as well.

The Congress is going to face Delhi assembly polls after 15 months and regularization of colonies was one of the key promises made in the last polls.

Delhi BJP leaders demanded to know how the announcement will give the 4 million people living in these colonies rights to register their properties and execute legal deeds, and get civic amenities in the absence of necessary formalities to be completed by the civic agencies.

People living in these unauthorized colonies are considered a vital vote bank for the Congress in Delhi, which has a population of 1.67 crore.