GNIDA New Policy for Flat Registry Resolves Ownership Issues
In a landmark move, the GNIDA new policy for flat registry will finally enable the long-pending registration of flats at the Senior Citizen Home Complex Welfare Society after nearly three decades. This development is set to bring relief to hundreds of residents who have been living without formal ownership rights due to unresolved sub-lease deed issues.
For years, the society’s residents faced obstacles in securing legal ownership of their homes due to various legal and administrative challenges. The 15-acre land was initially allotted to the society on September 3, 1996, with physical possession being handed over in 1997. However, tripartite sub-lease deeds between GNIDA, the society, and the allottees were delayed, leaving many residents without the necessary legal documentation. The GNIDA new policy for flat registry will help resolve these long-standing issues.
As per the GNIDA new policy for flat registry, the authority will now process sub-lease deeds for current occupants based on a list submitted by the society’s authorized representatives. The society must also provide a certificate or affidavit confirming that the current occupants are in possession of the allotted flats. Additionally, the occupants must submit affidavits and indemnity bonds, taking full responsibility in case of disputes with original allottees or their heirs.
GNIDA will then issue No-Objection Certificates (NOCs), allowing the formal execution of sub-lease deeds and ultimately granting the residents legal ownership of their homes. The authority emphasized that this policy is exclusive to the Senior Citizen Home Complex Welfare Society and does not extend to other group housing projects.
This long-awaited decision is expected to resolve the legal struggles faced by the residents. Currently, only 188 out of the 845 flats in the society are registered, leaving the majority eager to complete the formalities and secure their legal ownership.
The GNIDA new policy for flat registry marks a significant step forward, offering long-overdue relief to homeowners who have been waiting decades for legal clarity and property rights.
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