subject: Independent Floor Registration In Ncr [print this page] Haryana Urban Development Authority has brought an enormousrespite to owners of floors in strategized colonies in Gurgaon, Faridabad and Sonepat by lastly issuing recommendations for registration of independent floors. This is a big good news for real estate professional in NCR cities, which is on the heights and able to hit almost every rock in current times.
Only in the case of residential plots in HUDA sectors,representatives said registration of independent floors would be permissible. In case of built-up property in the prevailing sectors, where the owner has applied for or acquired profession credential prior to the date of issuance of these strategies, registration of independent floors would be allowed only in case the buildings are built on plots computing 180 sq. yard or more. Though, there would be no such constraint for vacant plots in old sectors, as well as all residential plots in newly built-up sectors.The guidelines say that there would not be any increase in maximum permissible floor area ratio (FAR) that will be permitted.The Haryana Urban Development Authority (HUDA) has issued guidelines for registration of independent floors in plotted houses in HUDAs urban estates.
The HUDA guidelines have been edged following the decision of the state government to allow such registrations as a part of revenue generating procedures.
Nevertheless, the owner will have a possibility to allocate the maximum acceptable attention similarly on all the floors. In addition, there would not be any permission for sub-division of plot and vertical divisions of building. Only those persons who have accomplished all the three floors as per approved building plans/building bye laws and accomplished occupation certificate from the proficient specialist will be qualified for relocating floor-wise ownership of the building.
The owners of independent floors in a building will remove parking concerns by making adequate arrangement for parking of their vehicles within their premises and would not mistreat road/public property for parking.
Proprietorship rights the guidelines say that each apartment unit will be renowned as a separate, recognizable property with an isolated identification number, to which the owner shall have title along with corresponding rights in the affirmed common areas and common facilities, rights of entrance, easiness and other ownership rights as well as the right to use, transfer or dispose-off the property. The owner of each independent floor will be enabled to distinct efficacy networks like water supply and electricity subject to building regulations/rules of Power Utilities.
The basement in a residential building shall not institute a separate sub division/floor and will form a part of the independent floor at the ground level.The main areas of the Faridabad town have been individual independent homes and many of these are constructed into the ground floors only. As demand increases and it becomes possible to transfer a clear title to the buyer by way of registration, the further floors can be developed by the owners either sell these or rent these out. So, for them, these extra floors bring extra amount of money.