Section 4(2)(i) in Punjab Apartment and Property Regulation Rules, 1995
(i)he or she himself or his or her spouse or minor child owns a free- hold or lease-hold or on hire-purchase basis a residential plot or a residential building in the Union Territory of Chandigarh or in any Urban Estate in the State of Punjab or in a colony developed in the State of Punjab under the Punjab Regulation of Colonies Act, 1975 or under the Act or under a housing scheme of the Punjab Urban Planning and Development Authority or a local authority including an Improvement Trust;