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

Earth Day – Celebrating Earth Day is more important than ever

These days, I have seen people, including children being aware of the consequence of environmental

Image

An Indian Voice for Football

An Indian football commentator who revolutionized regional language commentary with a unique record

Image

Confidence, Discipline and Health, the Karate Way

In the present world we talk a lot about self-dependency and the courage to face the world. Self-co

Image

Creating History in Quality Construction, Dr. Abdul Razzak Rumane

Dr. Abdul Razzak Rumane, a Registered Senior Consultant (RSC) with The Chartered Quality Institute

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

A Satvik Restaurant in Kuwait

“A recipe has no Soul; You as the Cook must bring soul to the recipe” -Thomas Keller Yes, you ha

Image

Together we grew…We share the values…

A lady brimming with positive vibrations, she spreads love, joy and a passion for life around her.

Image

Redefining Lifestyles…… the Indian Way

There could not have been a name more apt than Harmony House, for the place that it is. Rabindr

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

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

Asian Cricket Council organizing Under-19 and Under-16 International Tournaments

Kuwait Cricket is delighted to announce the selection trials for the upcoming Under-19 and Under-16

Image

Kuwait Konkans were crowned Providence Cup 2017

Kuwait Konkans were crowned champions of the first Providence Cup Women’s Indoor Throwball Tourname

Image

ICC World Cricket League Division 1 - Asia, Kuwait Cricket Board Announce the 14 members squad

Kuwait Cricket Board led by the President Mr. Haider Farman is pleased to announce the 14 members s

Image

Newly formed 22 Yards Cricket Coaching Academy inviting school boy cricketers

The newly formed 22 Yards Cricket Coaching Academy would like to invite school boy cricketers, espe

Image

8th Kuwait Open Teniis Tournament- Indian Boys Bag U13 Winner’s & U11 Runner’s Up Title

Kuwait Open 8, the biggest Tennis Tournament of the season organized by Kuwait Tennis federation f