The Delhi Development Authority (DDA) plans to build new
housing projects in L Zone Delhi Dwarka. Work on other residential projects is
already on in Jasola, Rohini, Narela, Jahangirpuri, Bakkarwala, Kondli and
Kalkaji.
After the poor response to its 2014 affordable housing
scheme aimed for the middle class and lower middle class - 10,000 houses were
returned by the allot tees - the DDA is planning to come up with a new scheme
to resell these flats. The owners had given up the flats, most of them
one-bedroom units, as they found the rooms too small, a senior DDA official
said. The agency then offered these surrendered flats to those in the waiting
list. "But the response wasn't encouraging. That's why we have decided to announce a new
scheme," the official said.
Registration for flats to get simpler
The registration of flats sold by the Delhi Development
Authority has always been a time-consuming affair, but now looks set to become
simpler and shorter. The practice of getting the Collector of Stamps (CoS) to
adjudicate on the quantum of stamp duty on land deeds executed by the capital's
land agency will be discontinued from March 15, shortening the process of
registration by around a fortnight.
The district magistrate of New Delhi, Sanjay Kumar, has
informed Arun Goel, vice-chairman of DDA, that requests for adjudication on
DDA's various deals with customers will no longer be entertained at the CoS
branch at Vikas Sadan. In his letter, Kumar said only in "cases where the
DDA feels that the duty on a particular instrument needs adjudication"
should an application may be made to the stamp authority.
Every day, around 150 documents linked to DDA deeds
involving flats and commercial buildings reach the Collector of Stamps at
Chanakyapuri for adjudication. As a practice, whenever DDA has to execute a
deed with an allottee or owner of a flat or commercial space, it mandatorily
requires the customer to get the CoS to determine the quantum of stamp or
transfer duty. It is only after the adjudication and after the stamp authority
collects the duty and stamps the documents that DDA executes the deed and
permits registration.
Kumar's letter said adjudication under provisions of the
Stamp Act, 1860 was meant to be resorted to when "the instrument is of
complex nature and the executants are, bona fide, unable to determine the
quantum of stamp duty payable". He pointed out that the instruments routinely
executed by DDA with its allottees or owners were mostly standard in nature,
and Schedule 1A of the Act clearly defined the formula on how the stamp duty
was to be determined. The magistrate thus felt that the mandatory adjudication
of duty insisted upon by DDA at present should be dispensed with.
As for the government, it is happy to have the
allottee/owner pay all duties according to the existing rules, while it expects
DDA to conduct standard checks at the time of executing the deed. "When
the instrument reaches the sub-registrar for execution, he is in any case
duty-bound to check that the stamp duty has been paid in full," explained
Kumar. In case the registrar finds that duty paid falls short of the designated
amount, he is likely to impound the property and
send the owner/allottee to the CoS for repaying the shortfall.
This modification will save at least 10 days because the
allottees/owners will no longer be required to apply for and obtain the final
stamped documents from the CoS. As it is there is an unnecessary workload on
the skeletal staff of the stamp office, so this step will benefit the CoS
staff, freeing them to tackle the more pressing cases of duty evasion and
incomplete duty payment.
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