When illegally occupied areas are converted into legally habitable, it is called regularization of illegal properties.For instance,—a river bed or an agricultural land may be used by people for residential purposes. But according to law, it is illegal. In such a case, the government may regularize this area, making it legally habitable for people. We at Your Property Doctorcan remove hurdles in this regularization process. Once the area is regularized, the government provides necessary infrastructure in the area, such as water supply, roads, drainage systems, educational institutions and hospitals. The valuation of a regularized area also increases when it becomes a legal property for the local development authority. As a result of this, buyers can avail home loan for such a property.
Follow the following steps for property regularization process:
• Make yourself familiar with the building policies, regulations and bylaws of the development authority or local municipality.
• Visit development authority or local municipal to have discussion regarding your situation. Hire a town planner to get the construction work assessed.
• Collect all your documents, such as ownership documents, building plans, property papers and any other required paperwork. Submit your application to the development authority or local municipal for regularization.
• Get ready to pay regularization fees and penaltiesas determined by the concerned authorities. They will inspect your property to verify that it complies with the building regulations.
• Once they are satisfied with the compliance and modifications of your property, they will issue regularization order and approval. Update your property records to reflect the regularization and inform them about it.
• Do not breach the fundamental regulations;otherwise, the legalization of unauthorized construction may not be possible. So, follow these steps one by one to get your property regularized.
• Once your property is regularized, you are required to get your property registered and pay your property tax accordingly. If you fail to do this, your property will remain unauthorized.
If you own some extra floors than what is permissible during the regularization process, then you are required to pay some extra lease rent to get the permission from the concerned authorities. They have rights to demolish your extra floors if they do not sanction your built floors.