Online Approval of Building Plans
The South Municipal Corporation (SMC), New Delhi, claims that it is the first local body in the country to introduce an online scheme for quick sanction of building plans. The scheme will include residential properties on notified roads, village aabaadis, special areas and extensions along with Karol Bagh, Lutyens bungalow zone, civil lines bungalow area as well as industrial properties.
 
The scheme will automatically scrutinise the drawings as per building bylaws of 1983 and master plan-2021, including calculations of all applicable charges. A list of architects, empanelled by the Corporation, has been displayed on the website of the Corporation. Citizens will be able to deposit the applicable charges online through credit/ debit cards.

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No Stamp Duty on Transfer to Blood Relations

The Punjab government has ended stamp duty on registration deeds of transfer of immoveable property to blood relations, i.e., children, grandchildren, brothers and sisters. With the new provision, the beneficiaries will be able to save Rs1 lakh as stamp duty on the transfer of any immoveable property worth Rs20 lakh. They would save Rs7.5 lakh if the property was worth Rs1.5 crore. However, other charges, including registration fee, infrastructure cess, etc, will continue to be levied. This burden is around 4% in urban areas and 1% in rural areas. 

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Plot-flipping in Jaipur?
Successful allottees of the recently-launched housing schemes are queuing up at the Jaipur Development Authority (JDA) office for refund, since many of them could not arrange funds to purchase the plots. 
 
According to JDA officials, a majority of successful allottees of big plots are seeking refunds. JDA is organising camps to issue the allotment letters.  
 
Apparently, successful allottees of larger plots are not able to find buyers. Also, JDA has higher fixed reserve price for larger plots compared to the market price. Private developers are selling plots cheaper in the same area.
 
Soon after the lottery, JDA’s website was flooded with advertisements of successful allottees trying to sell these plots.  

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