Ludhiana, April 12 -- The Greater Ludhiana Area Development Authority (GLADA) has identified nearly 1,000 properties with outstanding dues totaling around Rs.200 crore. The defaulting properties include both residential and commercial categories spread across Ludhiana.

To give relief to defaulters and improve recovery, the Punjab government has recently introduced an amnesty policy under which property owners can settle their dues without paying any penalty or penal interest. The one-time policy, which came into effect from March 1, will remain applicable for nine months.

GLADA officials said only 35 defaulters have applied so far. Officials say the low response is concerning, especially when thousands stand to benefit by regularising t...