Punjab government simplifies and secures housing society registration
CHANDIGARH: In a significant move to enhance property rights and resolve longstanding legal ambiguities, the Punjab government has rolled out substantial reforms aimed at benefiting residents of cooperative housing societies. Following the directives of Chief Minister Bhagwant Mann, who also oversees the Cooperation Department, the government has approved a comprehensive framework intended to streamline the registration process for cooperative housing properties, making it both affordable and legally secure, while ensuring proper recovery of stamp duty for the state. An official statement released on Tuesday indicated that the state has implemented extensive measures to formalize property transactions in cooperative housing societies,…