Chandigarh Uphelds Group Housing Society Property Status Quo
CHANDIGARH: In a setback for group housing and cooperative society allottees in the city facing challenges with conversion, unearned increase, need-based changes, and completion certificates, the Chandigarh administration has decided to maintain the status quo on these issues. This response comes after a communication from the Ministry of Home Affairs (MHA) addressing five major property-related concerns. Unearned Increase on Flats The “unearned increase” imposition remains a contentious issue for housing society allottees. If the original transferee (allottee/lessee) sells, gifts, mortgages, or otherwise transfers rights after the 15-year ban period, one-fourth of the unearned increase must be paid to the government…