Dear All,As scheduled earlier... the combined meeting of tri authorities took place today. During the meeting two significant decisions were taken regarding “Transfer of Allotment Rights” at government plots at Yamuna Expressway.1. No transfer-of-allotment-rights of plots wherein ATL has been executed will be allowed. The owners will be able to sell the plots only after they take the possession, sign lease deed and register the property.2. No decision was taken wherein transfer-of-allotment-rights of plot without ATL is concerned. There were some technical issues (Clearance of YEIDA Master Plan 2031 by NCRPB, etc) and the decision regarding the same will be taken during the next meeting.In short, now onwards... the demand for plots with ATL is expected to fall further, whereas, the demand for plot without ATL will either remain as it is or might even increase in the future. Also, till the next meeting... the sale and purchase of plots in Sector 18 and Sector 20 is expected to continue via execution and registration of “Agreement-To-Sell”, “General-Power-of-Attorney” and “WILL”.Regards,Safal Suri
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