Govt suspends collection of enhanced EDC from builders

Real Estate News
Thursday, November 14, 2013

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

Submit your comments...
     
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.
Image

We chose happiness and compassion; we chose life

It is a widely accepted fact that the ultimate aim of anyone in this world is to attain the state o

Image

Just Imagine

I had the flu. I had never felt so alone. I missed my family. Shivering, I huddled deeper inside th

Image

Open letter to class XII students Some tips on how to live a successful life By Dr. Anis Ahmad

My Dear Students, You are at the threshold of a new beginning. You are going to be an adult. S

Image

Chatting with Chaitali

Chaitali B Roy is the author of ‘Women of Kuwait : Turning Tides’ (Har- Anand Publications) . She i

Image

Good film is a truthful representation of its time, says veteran actor Naseeruddin Shah

The state of Bollywood films is the same where it was started, said Veteran actor Naseeruddin Shah

Image

Childnology

Another year has come and gone, but in the tech world, it means lot more major innovations are on t

Image

Budget 2017: Achche Din- Still Elusive?

This year, the government is changing the British-era legacy by presenting budget on February 1, in

Image

Antiques, Curios and Much More...

Have you ever heard about a museum at home in Kuwait? We, the IIK team were fortunate enough to vis

Image

Safe, Orderly and Regular Migration

"Safe orderly, regular and responsible migration” the notion of migration governance has received a

Image

Happy New Year –Think Different Be Different

Happy new year----This is the phrase we say every year does it change our life? Think different

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

Kuwait Cricket announce 25 Probables for ICC World Cricket League Division 5 Qualifier

Kuwait Cricket Board is pleased to announce the 25 Probables for the all important ICC World Cricke

Image

IGC’s 3rd Annual Volley Ball Tournament – 2017

Promoting Unity and Goodwill, Islamic Guidance Center (IGC) Kuwait organized successfully its 3rd

Image

KCWA Cricket Cup 2017

Kuwait Canara Welfare Association (KCWA) held Cricket Cup 2017 on Friday, 3rd March at Boulevard Pa

Image

Aneef & Bastian lifts professional doubles crown in the 6th IBAK- Pizzahut Master’s Cup – 2017

Ilayaraja claims singles title The 6th IBAK – Pizzahut Master’s cup was held on the 23rd and 24

Image

MAK Champions Trophy 2017 – Volley Ball & Throw Ball Tournament

MOGAVEERS ASSOCIATION KUWAIT, the community welfare association of nonresident Mogaveers, based in