Chandigarh Officials to Push MHA for Clarity on Share-Wise Property Ban as ₹600-Crore Deals Remain Stuck
The Chandigarh administration is set to meet senior officials at the Ministry of Home Affairs (MHA) today to address the ongoing ban on share-wise property sales, an issue that has remained unresolved for nearly three years. The prohibition has halted property transactions worth more than ₹600 crore, creating significant unrest among residents, property owners, and industry stakeholders.
The ban originated from the Supreme Court’s January 2023 ruling, which recognised Chandigarh’s first 30 sectors as part of the Le Corbusier heritage zone. Based on the Court’s observation that floor-wise apartment conversions should not be permitted until the Heritage Committee reviews redensification, the UT administration stopped permitting share-wise transfers outside family ownership and withheld building plan sanctions for co- owned properties.
Read More
MP Manish Tewari has consistently argued that the UT administration misinterpreted the Court’s interim directions. He clarified that the Supreme Court never imposed a ban on share- wise property sales and that restrictions applied only until the Heritage Committee took a final decision on redensification. Since the committee opposed redensification, Tewari maintains that the interim directions should no longer stand.
Property consultants have echoed similar concerns, expressing frustration over the administration’s prolonged inability to interpret the Supreme Court’s order. Industry representatives claim that the city has lost substantial revenue in stamp duty and taxes, while residents continue to face hardship and rising litigation due to the stalled transactions
For the MHA meeting, the UT administration is sending Home Secretary Mandip Brar and Deputy Commissioner Nishant Kumar Yadav. Along with the share-wise property issue, the officials are expected to raise other long- pending matters, including ownership rights in rehabilitation colonies, lal dora limit expansion in 22 villages, need-based change regularisation in CHB units, and challenges faced by group housing societies.
