Chandigarh, March 6 -- The UT administration is considering allowing share-wise property registrations in Chandigarh's Phase 2 (Sectors 31-47) and Phase 3 (beyond Sector 47), whileretaining the restrictions inheritage sectors (1-30). Registrations have remained suspended for nearly three years following a Supreme Court order in 2023, barring the conversion of residential properties into floor-wise apartments in heritage sectors. In view of this, the administration had imposed a ban on share-wise transfers across Chandigarh, and also halted the approval of building plans for properties jointly owned by unrelated individuals. UT administrator Gulab Chand Kataria has now directed officials to explore possible solutions to address the issue and provide relief to residents and property owners. A senior UT official said the administration is currently undertaking a detailed legal review of the court's order, particularly with regard to Phase 2 and Phase 3 areas, while keeping the restrictions applicable in Phase 1 sectors (1-30). According to officials, the restrictions imposed by the court primarily relate to Phase 1 sectors. In view of this, the administration is examining whether share-wise registrations can be allowed in other parts of the city that don't fall in the heritage zone. The suspension of share-wise transfers has impacted the city's real estate market, with property prices reportedly rising due to the restriction onregistrations. Chandigarh MP Manish Tewari has repeatedly raised the issue in the Lok Sabha over the past two years. He has argued that the UT administration may have misinterpreted the court's order by imposing a blanket ban on share-wise registrations across the entire city. Tewari said the SC's directions were primarily related to planning and structural issues and did not explicitly prohibit the sale of property on a share basis. Property dealers' associations have also been demanding the reopening of such registrations for a long time. Vikram Chopra, president of the Property Consultant Association, Chandigarh, criticised the administration's stance. "Why has the UT administration failed to properly interpret the apex court's order even after three years?" he asked. He said the city had already suffered a "massive loss" in stamp duty and tax revenue, while residents continue to face harassment and a rise in avoidable litigation. "If the UT is unable to obtain clarity from its legal officers, it should seek clarification directly from the SC," Chopra added. Before the suspension, around 80 to 100 share-wise property registrations used to take place every month, translating into nearly 1,000 registrations annually. Each registration generated about 5% in stamp duty, contributing significantly to government revenue. Officials estimate that due to the continued ban, the administration has suffered revenue losses exceeding Rs.40 crore so far. In contrast, no such restriction exists in neighbouring Panchkula and Mohali, where share-wise property registrations continue without interruption. The Ministry of home affairs has also sought a report from the UT administration regarding the issue....