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
If you are looking for a modern house on rent in Gurgaon, this Flat in Sector 103 can be your perfect home. It is a 2 BHK Flat designed to meet your space and lifestyle needs. The 2 BHK unit is unfurnished. This rented 2 BHK property is spacious and well-designed, with access to all the conveniences for any modern home seeker. It is located on floor 3 out of a total 14 floors . The Flat has 2 bedrooms and 2 bathroom. It also has 2 balcony, giving uninterrupted views of the surroundings. There is lush greenery around this Flat. It is a South-East facing Flat designed as per Vastu principles. The carpet area of this unit is 585 square_feet. The built-up area is 760 square_feet. The monthly rent payable for this Flat is Rs 12000. The security deposit is Rs 12000.
Project Highlights
The project also offers 2 BHK units. Residents can access numerous facilities, including Garden, Sports facility, Intercom, Community hall. It is equipped with the latest security features like cctv facility, ensuring a secure environment for families. There is a state-of-the-art lift facility. The project also enjoys a strategic location with easy access 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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