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The Punjab government has decided to allow promoters of mega projects in the state to execute certain development work by spending out of the external development charges (EDC) they are liable to pay to the government. The promoter will undertake only such development work that are of common interest to a particular area,with prior approval of the Department of Housing and Urban Development.
In lieu of the execution of any development work that falls within the definition of external development,the EDC account of the promoter will be credited at PWD rates. This will also promote private participation in the development of the state.
The decision was taken at a special meeting of the housing and urban development department,chaired by Chief Minister Parkash Singh Badal,in Chandigarh recently,an official spokesperson said. He said the government had already directed all development authorities in the state to submit a list of external development work,which were required to be executed on priority and get it approved from the authority concerned. The approved list of such projects will be published in the state gazette.
Development work proposed to be executed by promoters in the jurisdiction of Greater Mohali Area Development Authority includes all grid roads between the railway line and the Kharar-Banur road. The roads that can be constructed by promoters will be as per the approved master plan.
The Punjab government allows private sector players to develop residential,commercial and industrial townships. While the internal development of such townships is the responsibility of the developer,external development is to be carried out by the development authority concerned,for which EDC is levied on the project developers. With most of the developers defaulting on EDC payments,the external development work was getting delayed.
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