The department of town and country planning (DTCP) has banned the sale and purchase of properties in Sushant Lok-2 as the developer has failed to renew the project’s licenses.
According to the order issued by DTCP, the developer has been directed to stop any development activities in the colony with immediate effect and install display boards at conspicuous locations of the colony informing the general public not to buy or sell property in the colony on account of the non-renewal of licenses.
District town planner (enforcement) RS Batth said the licenses of the 290-acre township expired around five years ago, but the realtor hasn’t renewed it yet. “The developer has now been directed to apply for renewal within 15 days, failing which the licenses will be cancelled,” he added.
Batth further said the department has also written to the revenue department not to execute any sale deed registration of any property situated in the township and update the revenue records as well.
As per the norms, an application for renewal of a license has to be submitted one month before its expiry. The developer has failed to do the needful till date, so the DTCP headquarters has directed the DTP (enforcement) to take action accordingly
A total of nine licenses were issued to the colony between 1983 and 2004. All of them expired between 1995 and 2019 but the developer hasn’t applied for renewal of any of them.