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Chandigarh's real estate sector seeks a balanced approach to heritage preservation

The Property Federation Chandigarh has emerged as a vocal advocate for responsible urban development and administrative efficiency within the city's Phase-I sectors, encompassing Sector 1 to 30. Their recent efforts, articulated during their annual general body meeting, reveal a commitment to addressing critical issues that have implications for both Chandigarh's cultural heritage and its real estate sector.

At the heart of their concerns lies the contentious issue of re-densification. The Heritage Committee's verdict on the heritage status of Sectors 1 to 30 has raised questions about the delicate balance between preserving Chandigarh's rich cultural heritage and allowing for controlled urban development. Members of the Property Federation Chandigarh have urged the UT administration to reconsider this verdict, recognizing that the classification of these sectors as heritage sites could potentially hinder necessary urban expansion.

Central to their recommendations is the idea of reinstating share-wise registries in sectors beyond Sector 30, even if implemented in a limited capacity. Their reasoning is twofold. Firstly, they argue that the Supreme Court's orders have not explicitly addressed these sectors, leaving room for flexibility in how they are managed. Secondly, the reintroduction of share-wise registries could have significant financial implications, benefiting the administration by increasing revenue through stamp duty. 

This approach aligns with the federation's objective of fostering a conducive environment for the real estate sector's growth while respecting the city's unique heritage. 

Beyond re-densification concerns, the annual meeting highlighted operational challenges within the Estate Office. A backlog of pending files has resulted in difficulties for the public, potentially hindering property transactions and causing frustration among stakeholders. In response to this issue, the Property Federation Chandigarh has taken proactive steps. They have resolved to arrange a meeting with the finance secretary of Chandigarh. This meeting aims to not only discuss the challenges faced by the public but also seek effective solutions to streamline administrative processes within the Estate Office.

The federation's actions underscore their commitment to enhancing both the efficiency of administrative processes and the quality of life for Chandigarh's residents. By engaging constructively with the administration and advocating for necessary changes, they contribute to the betterment of the city's real estate landscape. This approach aligns with their overarching goal of striking a harmonious balance between responsible urban development and the preservation of Chandigarh's rich cultural heritage.

In summary, the Property Federation Chandigarh's efforts represent a constructive and multifaceted approach to addressing critical issues in Chandigarh's Phase-I sectors. Their recommendations and appeals reflect a commitment to fostering a thriving real estate sector while respecting the city's heritage. Through proactive engagement with relevant authorities, they aim to promote a more efficient and harmonious urban environment for all residents and stakeholders in Chandigarh.

 

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