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Bill passed to regularise over 1,720 unauthorised colonies in Delhi

BY Realty Plus

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The Centre has readied the formal framework to regularise 1,728 unauthorised colonies with a bill to give a one-time reprieve from income tax liability and levying of stamp duty for registration of properties. The government would introduce the National Capital Territory of Delhi (Recognition of Property Rights of Residents in Unauthorised Colonies) Bill, 2019, in the upcoming winter session of Parliament which begins on Monday.

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