a form required by certain government employees and individuals to disclose details about their immovable property holdings, including ownership, acquisition, and location.
Here's a more detailed explanation:
Purpose:
The primary purpose of a property declaration is to ensure transparency and prevent conflicts of interest, especially for government employees who may have access to information or resources that could be used for personal gain.
Who Needs to File:
Government Employees: Members of Class I and Class II services, and All India Service Officers, are required to submit IPRs.
Other Individuals: Certain individuals or entities may also be required to declare their property holdings depending on specific regulations or legal requirements.
Content of the Declaration:
The declaration form typically requires information such as:
Type of Property: (e.g., land, house, apartment).
Location: (e.g., address, village, city).
Ownership Details: (e.g., name of owner, how acquired, date of acquisition).
Value: (approximate value or assessed value).
Lease or Mortgage: Details about any leased or mortgaged properties.
Frequency of Filing:
The frequency of filing depends on the specific regulations, but it is common for government employees to submit their IPRs annually.
Legal Basis:
The requirement to file property declarations is often based on rules or regulations related to government conduct, such as the Central Civil Services (Conduct) Rules, 1964.
Example:
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More About This Property
This is a well-designed 2 BHK Flat available for rent. It is situated in a prime location of Gurgaon at Sector 103. This modern Flat is semi furnished. The 2 BHK unit fulfills all the needs of a modern lifestyle for families. There is a total of 14 floors. This unit is on 5 floor. The Flat provides complete comfort for the residents. The Flat lets you enjoy the lush greenery around. Meticulously designed to meet your housing needs, this unit has 2 bedrooms and 2 bathroom. It includes 1 balcony allowing residents to catch a glimpse of the city’s skyline. This rented Flat has been developed as North-West facing in compliance with Vastu principles. The carpet area is 605 square_feet. The total built-up area is 760 square_feet. The total monthly rent is Rs 17000. The security deposit payable is Rs 17000.
Project Highlights
This 2 BHK unit has developed within the residential project Signature Global Grand IVA. The developer also offers 2 BHK units as part of the Signature Global Grand IVA. Numerous facilities have been provided for the comfort of the residents of this Flat. It includes Garden, Sports facility, Intercom, Community hall. There is provision for lift facility, which has been constructed as per the latest standards. Providing a secure environment to the residents, the property is also equipped with cctv facility. This gated society at Sector 103 brings all the modern conveniences to your doorstep. The locality is well-developed and gives access to important landmarks of Gurgaon. The property is in proximity to healthcare centres such as Chirag Hospital(Multispeciality Hospital in Gurgaon), Jai Sai Ram Hospital, ULTRA CARE HOSPITAL AND PILES CENTRE
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