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Monday, March 2, 2009

20% land in new sectors of Gurgaon, Faridabad for group housing

In a move that will help many middle-class families get affordable homes, Haryana Urban Development Authority announced that in each new sector at Gurgaon, Faridabad and Panchkula, a mandatory 20% of land would be earmarked for group housing societies.
The authority also announced it had revised the charges that any builder has to pay HUDA as security deposit for generating construction waste. The fee band has been revised to Rs 5,000-Rs 1 lakh from the existing Rs 1,000-Rs2,000.

The revision in malba fee comes after nearly two decades and is expected to help keep roads and berms clear of construction waste. Justifying the huge increase, Gupta said this would keep the state clean. He added that from now, 90% of the fee would be refunded when the allottee collects his occupation certificate issued by estate officer

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posted by Amit at 5:31 PM

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