Published on Thursday, November 14, 2013
Govt suspends collection of enhanced EDC from builders
Real Estate News


Latest News

Tribune News Service

Chandigarh, November 12

In a relief to the builders and house owners, the state government has suspended the collection of enhanced external development charges (EDC).

Acting on the judgement of the Punjab and Haryana High Court, the Director-General of the Department of Town and Country Planning, in a recent order, said: “In view of the high court orders, the department is not insisting for payment of the enhanced EDC from the licencees for the time being.”

The order, however, warned the licencees that “in case of any violation of the said order, the entire onus shall lie on the colonisers.” “However, the licencee shall be bound to deposit any amount collected against enhanced EDC either directly or indirectly from its allottees with the department,” the order said.

Earlier, the high court had stayed the operation of the order issued by the Haryana Urban Development Authority (HUDA) on July 14, 2011, hiking the EDC with effect from 2008.
Several builders had moved the court alleging that the state government’s decision to charge EDC was unconstitutional, arbitrary and illegal.

Builders from Faridabad and Kurukshetra had alleged that the state had done no development at all in the districts and was yet charging the EDC.

Against the backdrop of unprecedented urban development, particularly in the districts falling in the National Capital Region (NCR) bordering Delhi, HUDA had revised EDC charges to be collected from the licencees of the housing and commercial projects.

While the EDC for yet-to-be-started housing and commercial projects is paid by the builders, the investors and end users pay the EDC to the builders in case of the projects which are under progress. The licencees collect the EDC from the investors and end users and deposit it with the state government.

HIGHLIGHTS

-State government temporarily suspends collection of enhanced EDC from builders.
-The decision is an offshoot of an order of the high court.
-The HC had stayed the collection of EDC from retrospective effect.
-The decision will give relief to the builders, investors. iend cheated on me
 


Express your comment on this article


Name  
Email    
Comment
characters remaining  
Human Verification Code Type the Numbers you see in the picture below.


Disclaimer: The views expressed here are strictly personal and IndiansinKuwait.com does not hold any responsibility on them. We shall endeavour to upload/publish as many of the comments that are submitted as possible within a reasonable span of time, but we do not guarantee that all comments that are submitted will be uploaded/published. Messages that harass, abuse or threaten other members; have obscene, unlawful, defamatory, libellous, hateful, or otherwise objectionable content; or have spam, commercial or advertising content or links are liable to be removed by the editors. We also reserve the right to edit the comments that do get published. Please do not post any private information unless you want it to be available publicly.
IIK Special...
Image
“Good Old Days!”, or is it so?
“What fun we used to have in the good old days!”, “The life was much better in the olden days”… If ...

Image
The Media Brain behind the Mythical Drama 'Kadangot Makkam'
The huge audience gathered at Kannur Maholsavam, the 11th anniversary celebration by Friends of Kan...

Image
Being a Nobody...
I am a Nobody. There is no designation I hold; no property I own; there is no glamour or beauty I w...

Image
A Teacher is a real architect to mold a person - Mr. Suresh V Balakrishnan
According to Colin Powell “Success is the result of perfection, hard work, learning from failure, l...

12345678910...
IIK Dine Out...
Image
Experience Indian Corner Tandoori Nights at Al Manshar Rotana Hotel
Al Manshar Rotana Hotel at Fahaheel, Kuwait launched an authentic Tandoori Night with an Indian cor...

Image
Biryani & Kebabi restaurant opened at Arabia Mall in Egila
Biryani & Kebabi is the newest addition to Al Sabah & Kohli food and beverage brands. Al Sabah & Ko...

Image
Indulge in the luxury of Indian dinner every Tuesday at Jumeirah’s Garden Café
We all love luxury. We have many occasions to celebrate life luxuriously. Be it our anniversary, bi...

Image
A delightful treat to our taste buds- Samrat Restaurant Weekend Buffet.
Delicious Food.. Good Company with Family or friends ... That’s what all look for on a weekend. B...

Image
Enjoy the Luxury of Healthy Breakfast
Who doesn’t like to sip a hot chocolate or hot coffee with yummy and healthy English breakfast in a...

IIK Sports...
Image
Amar Cricket League 3 Starts OFF
The opening ceremony of Amar Cricket League Season (ACL) 3 hosted by Amar Cricket Club, Kuwait took...

Image
Thrissur Association of Kuwait held Cricket Tournament
Thrissur Association of Kuwait conducted cricket tournament for the members. Total 8 teams particip...

Image
Youth India Pravasi Sports 2016: Fahaheel Champions
Fahaheel zone emerges as champions in the Youth India Shifa Al Jazeera, Al Nahil Pravasi Sports, co...

What's On...
Dec
9
Image
Almass Kuwait Conducts “Almass Volley 2016”
Dec
9
Image
Tulu Koota Kuwait - Annual General Body Meeting on 9th Dec 2016
Dec
9
Image
Big Bazaar - Winter Bazaar on 9th December 2016
Dec
9
Image
Christmas Party for Mom & Me
Dec
9
Image
Kalabhavan’s Drawing and Painting Competition 2016
Dec
9
Image
F O C C is organizing the Cry Walk 2016
Dec
9
Image
Kozhikode District Association, Kuwait conducting Shuttle Badminton tournament
Dec
9
Image
IMA youth wing - Youth Convention
Dec
10
Image
Healthy Lifestyle for better Life - lecture by Padma Bhushan Prof B. M. Hegde
Dec
10
Image
Charity Bazaar
Dec
15
Image
Investment Opportunities for Expats, a Counselling program by IMA
Dec
16
Image
NSS Kuwait organizing Free medical Checkup
Dec
16
Image
Kalabhavan Fest' 16
Dec
30
Image
Nandhanam Kuwait conducting - Arangetram 2016 – Guest of Honor Padma Bhushan Mallika Vikram Sarabhai
Jan
1
Image
Friday Forum 11th Inter School Elocution Competition
Its your portal, its your platform, so get involved.




NEWS
WHATS'ON
COMMUNITY NEWS
EDUCATION
IIK TECH
LIFE STYLE
YATRA
DINE-OUT
AUTOMOBILE
IIK YOUNG REPORTER
CLASSIFIEDS
FORUM
GREETINGS
IIK SPORTS
ENTERTAINMENT
PLACES IN KUWAIT
CONTACT US