External development charges (EDC)
In the wake of the High Court ban on groundwater for construction purposes, real estate developers in Gurgaon heavily criticized the Haryana government for failing to provide adequate water. They have alleged that despite charging them crores of rupees in the form of external development charges (EDC), water supply has not been taken care of. [...] Continue Reading »
The non-payment of license renewal fee, non-construction of adequate number of community buildings and outstanding external development charges (EDC) have been traced as reasons for the Haryana Director General to cancel the license of builders. Five builders namely; Satsudha Investment, Ajay Impex, Sheetal International, North Star Apartments and New India City recently faced license cancellation [...] Continue Reading »
