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Follow norms,address buyers' concerns:Haryana govt to builders

Press Trust of India  |  Gurgaon 

The today asked real estate developers to follow its guidelines related to development of housing projects and also asked them to address all legitimate concerns of buyers. Addressing a conference 'Invest Haryana' organised by the realtors' body NAREDCO, state Minister Captain Abhimanyu Singh said the regulator under the new real estate would handhold developers and help in their businesses rather than acting as an 'obstructionist'. The minister asked the builders that their first and top most priority should be to satisfy and serve the legitimate requirements of their buyers and that there should not be any compromise on that and the would support each one of them. "It is with this view that the of has extended the VAT deposit deadline to June 30,2017, the scheme which had already expired but since NAREDCO represented to the that the VAT deposit scheme should be extended as industry would still want to participate in it to avail of certain tax benefits, the has agreed to it and deadline was extended untilJune 30, 2017", said the Minister. He also announced that the state is taking the infrastructure development so seriously that KMP project would be completed in next 365 days while making it a six lane road project alongside which many more industries would come up and catapult the development of and its industry. The Minister also disclosed that talks for putting up an international airport at Hisar with the central have been advancing in a progressive direction and with it being one such in near future, would enhance its connectivity in a multiple way to NCR and other such regions that would automatically lead to economic and social transformation of the state. According to Singh, ever since the new (BJP) has been formed in Haryana, it has taken the digitisation call of the Prime Minister so seriously that it has saved Rs 1,000 crore of state revenue by linking its social benefit schemes to Aadhaar, the amount is suitably being spent on the government's projects. Parliamentary Affairs Minister and Education Minister of Haryana, Ram Bilas Sharma, also spoke at the event at Oberoi Hotel invited real estate developers from across the country to invest in the state as it would continue to give them necessary clearances through a single window in which virtually there is no interference from any quarter of the Chairman, NAREDCO Haryana, Rajeev Talwar in his welcome remarks, praised the investment and enterprise promotional efforts of the of for its industrialisation and economic uplift, emphasising that with this speed, the state would continue to emerge as the lead investment hub in the country and it would also become a number one state in terms of its state gross domestic product in India. President, NAREDCO Haryana,Parveen Jain also participated in the conference and appreciated the extension of the VAT recovery scheme of the state of until June 2017 as it would come as a great relief to those who have in the past missed its benefits.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, May 13 2017. 20:48 IST