T&CP Reduces EDC charges in Gurgaon

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Brijesh Verma

PUBLIC NOTICE
All the colonizers who have been granted licenses in Gurgaon-Manesar Urban complex under the provisions of the Haryana Development and Regulation of Urban Areas Act, 1975 and Rules, 1976 thereof, are hereby informed that the Haryana Urban Development Authority vide memo No. HUDA.CCF.ACCTT-I-2010/44973, dated 23.11.2010 has conveyed the following revised rates of External Development Charges alongwith terms and conditions, superseding the earlier letter issued vide memo No. HUDA-CCF-ACCTT-I-2010/26813, dated 02.07.2010:-
1.
Plotted Development` 58.76 lacs per gross acre
2.
Normal GHS upto 300 density` 176.28 lacs per gross acre
3.
Group Housing Scheme for low cost
affordable housing with 600 density. 176.28 lacs per gross acre
4.
Commercial area including neighborhood
shopping area with FAR 1.75. 274.41 lacs per gross acre
These rates are applicable for the calendar year 2009 which will further be made applicable for the next 3 years i.e. upto the calendar year 2012 by increasing the same @ 10% every year on compoundable basis. On the similar pattern, the EDC may be made applicable from 11.07.2006 i.e. when the new development plan of Gurgaon Manesar Urban Complex 2021 AD was notified by reducing the same @ 10% p.a. every year on compoundable basis.
This will be subject to terms & conditions which is annexed herewith.
Since there is reduction in the rates of EDC finalized now as compared to the rates earlier conveyed by HUDA vide letter no. HUDA-CCF-ACCTT-I-2010/26813, dated 02.07.2010, the reduced EDC should be passed on to the plot holders.
(T.