a form where government employees and other individuals declare their ownership of, or interest in, immovable properties, as required by rules and regulations.
Here's a breakdown of what it entails:
Purpose and Requirements:
Compliance:
Property declarations are often a requirement for government employees, particularly those in Class I and Class II services, to ensure transparency and prevent conflicts of interest.
Mandatory Filing:
These declarations are typically required on first appointment and then annually, or at other intervals specified by the relevant rules.
Scope:
The declaration covers all immovable properties owned, acquired, inherited, or held on lease or mortgage, either in the individual's name or in the name of any family member or other person.
Specifics:
The form usually requires details about the property's location, type, value, and how it was acquired (purchase, gift, inheritance, etc.).
Key Aspects of a Property Declaration:
Immovable Property:
This refers to land and buildings, as opposed to movable assets like cars or jewelry.
Ownership and Interest:
The declaration covers all forms of ownership, including outright ownership, leasehold rights, and mortgages.
Family Members:
The declaration often requires information about properties held by family members, as defined by the relevant rules.
Accuracy:
It's crucial to provide accurate and complete information in the declaration, as any discrepancies could lead to disciplinary action.
Examples of
More About This Property
This Flat can be a comfortable and affordable home for your family. It is a 2 BHK unit available on rent at Sector 103 in Gurgaon. This Flat comes with a plethora of amenities to meet your modern lifestyle needs. It is fully furnished. It is located on floor 10 of the building having a total 14 floors. Offering beautiful city views, this 2 BHK has been thoughtfully developed. It includes a total of 2 bedrooms and 2 bathroom. The property is South-West facing. It also includes 2 balcony that can be a perfect place for relaxation. The built-up area of the Flat is 760 square_feet. The carpet area is 613 square_feet. The Flat is available for a monthly rent of Rs 23000. The security deposit payable is Rs 23000.
Project Highlights
This property has been constructed under Signature Global Grand IVA. The residential property is equipped with various facilities including Garden, Sports facility, Intercom, Community hall. There is a provision for lift facility. The property provides a secure environment for the residents as it has the latest safety features like cctv facility. The locality Sector 103 where this Flat is situated, has well-equipped social infrastructure. Those who need medical assistance in emergencies can be worry-free as there are hospitals close by, such as Chirag Hospital(Multispeciality Hospital in Gurgaon), Jai Sai Ram Hospital, ULTRA CARE HOSPITAL AND PILES CENTRE
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