Punjab Assembly Passes Law to Control Illegal Colonies

The Punjab State Assembly passed the Punjab Apartment and Property Regulation (Amendment) Act, 2024, on September 3, 2024, to address the growing issue of illegal colonies in the state. The law focuses on controlling unauthorized property developments and assisting small landowners with property registration. It introduces strict penalties for those involved in illegal constructions and aims to protect the rights of genuine property owners. Originally introduced in 1995, the Act oversees real estate activities, ensures transparency, and builds consumer confidence in the market.