Vidhi Codex

Punjab Apartment and Property Regulation Act, 1995

Punjab Apartment and Property Regulation Act, 1995

General199543 sections4 chapters

This law governs the construction, sale, and management of apartments in Punjab. It applies to property promoters, estate agents, and apartment owners. The legislation aims to ensure fair practices by requiring the registration of promoters and agents, regulating colony development, and enforcing obligations to protect buyers. By establishing clear rules for ownership transfers and common area management, it provides legal protection to residents and ensures orderly development in the state's real estate sector.

Start reading →Read full ActSections

Chapter I Chapter I →

  1. 1Short title, extent and commencement
  2. 2Definitions

Chapter II Chapter II →

  1. 3General liabilities of promoter.
  2. 4Issuing of advertisement or prospectus
  3. 6Contents of agreement of sale
  4. 7Registration of agreements of sale
  5. 8Effect of non-registration of agreement.
  6. 10Responsibility for outgoings till transfer.
  7. 11No alterations, rectification of defects.
  8. 12Refund of amount.
  9. 13No mortgage without consent.
  10. 14Occupation and completion certificate
  11. 16Enforcement of registration of conveyance
  12. 17Promoter's responsibility for essential services
  13. 18Regulation of property transactions
  14. 19General liabilities of allottee
  15. 20Restriction on development and structures in a colony

Chapter III Chapter III →

  1. 21Registration compulsory
  2. 22Conditions for registration
  3. 23Term and renewal of registration
  4. 24Refusal to grant or renew registration
  5. 25Cancellation of certificate of registration
  6. 26Notice before cancellation
  7. 27Carrying on business after cancellation
  8. 28Maintenance of accounts and records
  9. 29Audit
  10. 30Periodical returns
  11. 31Inspection

Chapter IV Chapter IV →

  1. 32Constitution of Punjab Urban Development Fund
  2. 33Appellate Authority and Appeals
  3. 34Revision
  4. 35Bar on Jurisdiction
  5. 37Offences by companies.
  6. 38Prosecution and composition of offences.
  7. 39Structure to be demolished in certain cases.
  8. 40Indemnity.
  9. 41Delegation.
  10. 42Application of the Act to apartments already in existence.
  11. 43Over-riding effect of this Act.
  12. 44Exemption.
  13. 45Power to make rules.
  14. 46Repeal and Savings

PDF: pending for this language.