{"id":52748,"date":"2019-06-17T15:24:59","date_gmt":"2019-06-17T10:24:59","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=52748"},"modified":"2019-06-17T15:24:59","modified_gmt":"2019-06-17T10:24:59","slug":"punjab-to-grant-one-time-amnesty-to-illegal-housing-schemes","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/punjab-to-grant-one-time-amnesty-to-illegal-housing-schemes.html","title":{"rendered":"Punjab to grant one-time amnesty to illegal housing schemes"},"content":{"rendered":"<p>Islamabad: The Punjab government has decided to grant a one-time amnesty facility to illegal housing schemes by offering an opportunity for regularisation, according to a news source.<\/p>\n<p>This decision was made against the backdrop of a number of court proceedings against illegal societies in the province.<\/p>\n<p>Read:\u00a0<a class=\"row-title\" href=\"https:\/\/www.zameen.com\/news\/punjab-govt-orders-crackdown-against-illegal-housing-schemes.html\" target=\"_blank\" rel=\"noopener noreferrer\">Punjab govt orders crackdown against illegal housing schemes<\/a><\/p>\n<p>An informed source revealed that a legislative instrument is also being crafted for this purpose. This instrument will be put forth to the Punjab Assembly for approval.<\/p>\n<p>Previously, the Federal Investigation Agency (FIA) had submitted a <a href=\"https:\/\/www.zameen.com\/news\/report-on-housing-schemes-submitted-in-sc-by-fia.html\" target=\"_blank\" rel=\"noopener noreferrer\">report to the Supreme Court<\/a>, which revealed that a total of 5,492 illegal or undocumented housing societies exist in Pakistan &#8211; out of which 4,098 are in Punjab.<\/p>\n<p>Read:\u00a0<a class=\"row-title\" href=\"https:\/\/www.zameen.com\/news\/lda-take-stricter-action-against-illegal-housing-schemes.html\" target=\"_blank\" rel=\"noopener noreferrer\">LDA to take stricter action against illegal housing schemes<\/a><\/p>\n<p>This new law being drafted will focus on tackling loopholes present in land development and property registration. It will also involve eliminating legal protection to unrecorded transactions, payment of stamp duty to protect property rights, and reorganising the property registration system. These measures will be taken to regularise and strengthen the property sector, and also to establish property rights.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Punjab government has decided to grant a one-time amnesty facility to illegal housing schemes by offering an opportunity for regularisation, according to a news source. This decision was made against the backdrop of a number of court proceedings against illegal societies in the province. Read:\u00a0Punjab govt orders crackdown against illegal housing schemes An informed source revealed that a legislative instrument is also being crafted for this purpose. This instrument will be put forth to the Punjab Assembly for approval. Previously, the Federal Investigation Agency (FIA) had submitted a report to the Supreme Court, which revealed that a total of 5,492 illegal or undocumented housing societies exist in Pakistan &#8211; out of which 4,098 are in Punjab. Read:\u00a0LDA to take stricter action against illegal housing schemes This new law being drafted will focus on tackling loopholes present in land development and property registration. It will also involve eliminating legal protection to unrecorded transactions, payment of stamp duty to protect property rights, and reorganising the property registration system. These measures will be taken to regularise and strengthen the property sector, and also to establish property rights.<\/p>\n","protected":false},"author":18,"featured_media":34574,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[11915],"persona":[],"class_list":{"0":"post-52748","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-punjab-to-grant-one-time-amnesty-to-illegal-housing-schemes"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Punjab to grant one-time amnesty to illegal housing schemes - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Punjab government has decided to grant a one-time amnesty facility to illegal housing schemes by offering an opportunity for\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/punjab-to-grant-one-time-amnesty-to-illegal-housing-schemes.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Punjab to grant one-time amnesty to illegal housing schemes - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Punjab government has decided to grant a one-time amnesty facility to illegal housing schemes by offering an opportunity for\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/punjab-to-grant-one-time-amnesty-to-illegal-housing-schemes.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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