Chandigarh, March 3: Residents of cooperative housing societies in Chandigarh are facing a significant administrative hurdle as the UT administration has suspended the execution and registration of conveyance deeds. The halt, triggered by the expiration of a 2018 policy, has left approximately 15,000 flat owners in southern sectors—including Sectors 48, 49, 50, and 51—unable to formalize their property ownership.
The Estate Office clarified that the specific policy introduced in 2018 was intended to be valid for only two years. While the framework reportedly remained in use until 2025 despite its 2020 expiration, officials have now paused the process until a revised notification is issued. This freeze has disrupted bank loan approvals and resale transactions, as a conveyance deed is a mandatory requirement for completing any property transfer.
“The Estate Office should immediately resume the conveyance deed facility for all flat owners,” declared Chirag Aggarwal, a committee member of the Labour Bureau Society in Sector 49. He maintained that the current deadlock is creating immense anxiety for those in the middle of financial dealings. Aggarwal also asserted that the administration needs to address the disparity in collector rates, arguing that leasehold properties should be valued 40% to 50% lower than freehold ones to reflect market reality.
Under the current rules, owners must obtain a No Objection Certificate (NOC) from their respective societies and pay unearned profit charges to the Estate Office before a deed can be executed. Many long-term residents who delayed the process due to financial reasons now find themselves in a legal limbo.
A senior official from the UT Estate Office affirmed that the department is currently examining the issue to prevent further inconvenience. He stated that the goal is to resume the process in a manner that aligns with rules governing other city properties while streamlining registrations based on prevailing rates.
