External development charges
The decision of the Ministry of Local Bodies to exempt charging the Change of Land Use (CLU) fee within municipal limits has raised the hope of some revival of the now dormant real estate business in the state. Minister for Local Bodies, Anil Joshi has in a recent announcement said the CLU fee has been [...] Continue Reading »
Gurgaon- Town & Country Planning Department of Haryana is planning to set up guest/boarding house in residential zones across the state. In order to regulate the functioning of guest houses amidst residential areas, the Haryana government has framed this policy. As per the policy, only those guest houses constructed on 1,000 sq yard and 2,000 sq [...] Continue Reading »
The Punjab and Haryana high court order barring developers from using ground water continues to draw sharp reaction from developers. The developers blamed the government stating that in spite of collecting external development charges (EDC) and infrastructure development charges (IDC) from them, the government has put them in a precarious situation. They argued that Haryana [...] Continue Reading »
According to the master plan for Greater Noida, 23.2% of the total area of 21,570 hectares earmarked for the township is meant for residential purposes. Of the rest, 19.6% is for industries, 16.2% for institutions and 5.6% for commercial development. The price for industrial and institutional land was subsidized by selling commercial land at Rs [...] Continue Reading »
